Gross value added at basic prices (GVA) (constant LCU) in Georgia
Georgia: Gross value added at basic prices (GVA) (constant LCU) was 65.43 billion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Georgia, 2003–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Georgia stood at 65.43 billion constant LCU. That is the highest value across all 23 years on record.
The figure is up 7.5% on the previous year and up 86.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Georgia peaked at 65.43 billion constant LCU in 2025 and was at its lowest, 16.92 billion constant LCU, in 2003.
Georgia ranks 138th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Gross value added at basic prices (GVA) (constant LCU) in Georgia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2003 | 16.92 billion constant LCU | — |
| 2004 | 17.86 billion constant LCU | +5.6% |
| 2005 | 19.71 billion constant LCU | +10.3% |
| 2006 | 21.60 billion constant LCU | +9.6% |
| 2007 | 24.15 billion constant LCU | +11.8% |
| 2008 | 24.81 billion constant LCU | +2.7% |
| 2009 | 23.80 billion constant LCU | -4.1% |
| 2010 | 27.29 billion constant LCU | +14.7% |
| 2011 | 29.56 billion constant LCU | +8.3% |
| 2012 | 31.36 billion constant LCU | +6.1% |
| 2013 | 32.69 billion constant LCU | +4.2% |
| 2014 | 33.99 billion constant LCU | +4.0% |
| 2015 | 35.15 billion constant LCU | +3.4% |
| 2016 | 36.51 billion constant LCU | +3.9% |
| 2017 | 38.55 billion constant LCU | +5.6% |
| 2018 | 41.00 billion constant LCU | +6.4% |
| 2019 | 43.48 billion constant LCU | +6.1% |
| 2020 | 41.35 billion constant LCU | -4.9% |
| 2021 | 46.38 billion constant LCU | +12.2% |
| 2022 | 50.91 billion constant LCU | +9.8% |
| 2023 | 55.16 billion constant LCU | +8.4% |
| 2024 | 60.84 billion constant LCU | +10.3% |
| 2025 | 65.43 billion constant LCU | +7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.26 billion constant LCU | 16.92 billion constant LCU | 24.81 billion constant LCU | 7 |
| 2010s | 34.96 billion constant LCU | 27.29 billion constant LCU | 43.48 billion constant LCU | 10 |
| 2020s | 53.35 billion constant LCU | 41.35 billion constant LCU | 65.43 billion constant LCU | 6 |
Countries ranked near Georgia
- 135 Zimbabwe 70.13 billion constant LCU compare
- 136 Papua New Guinea 68.71 billion constant LCU compare
- 137 Sierra Leone 65.53 billion constant LCU compare
- 139 Bulgaria 65.28 billion constant LCU compare
- 140 Luxembourg 62.21 billion constant LCU compare
- 141 Croatia 57.24 billion constant LCU compare
More economy & growth data for Georgia
- Real gdp growth, annual growth rate -22.91 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.21 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 120.64 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1872 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 88.09 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -7.66 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Georgia?
- Gross value added at basic prices (gva) in Georgia was 65.43 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Georgia?
- The highest recorded value was 65.43 billion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Georgia?
- The lowest recorded value was 16.92 billion constant LCU in 2003.
- How does Georgia rank for gross value added at basic prices (gva)?
- Georgia ranks 138th out of 198 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Georgia?
- Over the last ten years it is up 86.1%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.