Gross value added at basic prices (GVA) (constant LCU), annual growth in Georgia
Georgia: Gross value added at basic prices (GVA) (constant LCU), annual growth was 7.54 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), annual growth in Georgia, 2004–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Georgia recorded 7.54 % change on previous year for gross value added at basic prices (gva) (constant lcu), annual growth in 2025.
That represents a change of down 26.8% on the previous year and up 119.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Georgia peaked at 14.68 % change on previous year in 2010 and was at its lowest, -4.9 % change on previous year, in 2020.
That places Georgia 20th out of 195 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant LCU), annual growth in Georgia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 5.57 % change on previous year | — |
| 2005 | 10.34 % change on previous year | +85.8% |
| 2006 | 9.63 % change on previous year | -6.8% |
| 2007 | 11.78 % change on previous year | +22.2% |
| 2008 | 2.74 % change on previous year | -76.7% |
| 2009 | -4.09 % change on previous year | -249.1% |
| 2010 | 14.68 % change on previous year | -458.9% |
| 2011 | 8.33 % change on previous year | -43.2% |
| 2012 | 6.08 % change on previous year | -27.1% |
| 2013 | 4.24 % change on previous year | -30.3% |
| 2014 | 3.96 % change on previous year | -6.5% |
| 2015 | 3.43 % change on previous year | -13.5% |
| 2016 | 3.86 % change on previous year | +12.5% |
| 2017 | 5.59 % change on previous year | +44.8% |
| 2018 | 6.36 % change on previous year | +13.8% |
| 2019 | 6.06 % change on previous year | -4.8% |
| 2020 | -4.9 % change on previous year | -181.0% |
| 2021 | 12.18 % change on previous year | -348.3% |
| 2022 | 9.75 % change on previous year | -19.9% |
| 2023 | 8.36 % change on previous year | -14.3% |
| 2024 | 10.3 % change on previous year | +23.2% |
| 2025 | 7.54 % change on previous year | -26.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6 % change on previous year | -4.09 % change on previous year | 11.78 % change on previous year | 6 |
| 2010s | 6.26 % change on previous year | 3.43 % change on previous year | 14.68 % change on previous year | 10 |
| 2020s | 7.2 % change on previous year | -4.9 % change on previous year | 12.18 % change on previous year | 6 |
Countries ranked near Georgia
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 13.31 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 2.41 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 23,314 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 7.54 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.659 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 6,386 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.72 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 16,624 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), annual growth in Georgia?
- Gross value added at basic prices (gva) (constant lcu), annual growth in Georgia was 7.54 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Georgia?
- The highest recorded value was 14.68 % change on previous year in 2010.
- What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Georgia?
- The lowest recorded value was -4.9 % change on previous year in 2020.
- How does Georgia rank for gross value added at basic prices (gva) (constant lcu), annual growth?
- Georgia ranks 20th out of 195 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Georgia?
- Over the last ten years it is up 119.8%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.