Inflation, consumer prices in Georgia
Georgia: Inflation, consumer prices was 1.11 in 2024. ◆ Volatile
Latest (2024)
1.11
Change on year
down 55.4%
World rank
62nd
of 70 countries
All-time high
162.72
in 1995
All-time low
-0.9437
in 2012
Years of data
30
1995–2024
Inflation, consumer prices in Georgia, 1995–2024
Source: UNICEF.
Analysis
The most recent figure for inflation, consumer prices in Georgia is 1.11, measured in 2024.
The figure is down 55.4% on the previous year and down 63.8% over ten years.
Over the whole period, inflation, consumer prices in Georgia peaked at 162.72 in 1995 and was at its lowest, -0.9437, in 2012.
Georgia ranks 62nd of 70 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 162.72 | — |
| 1996 | 39.36 | -75.8% |
| 1997 | 7.09 | -82.0% |
| 1998 | 3.57 | -49.7% |
| 1999 | 19.19 | +438.1% |
| 2000 | 4.06 | -78.8% |
| 2001 | 4.65 | +14.3% |
| 2002 | 5.59 | +20.3% |
| 2003 | 0.8377 | -85.0% |
| 2004 | 5.66 | +575.2% |
| 2005 | 8.25 | +45.8% |
| 2006 | 9.16 | +11.1% |
| 2007 | 9.24 | +0.9% |
| 2008 | 10 | +8.2% |
| 2009 | 1.73 | -82.7% |
| 2010 | 7.11 | +311.6% |
| 2011 | 8.54 | +20.2% |
| 2012 | -0.9437 | -111.0% |
| 2013 | -0.5121 | -45.7% |
| 2014 | 3.07 | -699.3% |
| 2015 | 4 | +30.5% |
| 2016 | 2.13 | -46.7% |
| 2017 | 6.04 | +182.7% |
| 2018 | 2.62 | -56.7% |
| 2019 | 4.85 | +85.6% |
| 2020 | 5.2 | +7.2% |
| 2021 | 9.57 | +83.9% |
| 2022 | 11.9 | +24.4% |
| 2023 | 2.49 | -79.1% |
| 2024 | 1.11 | -55.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46.38 | 3.57 | 162.72 | 5 |
| 2000s | 5.92 | 0.8377 | 10 | 10 |
| 2010s | 3.69 | -0.9437 | 8.54 | 10 |
| 2020s | 6.05 | 1.11 | 11.9 | 5 |
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)
- Net primary income (Net income from abroad) (current LCU), annual 4.13 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 5.8 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1228 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 1,190 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 6.63 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.3367 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3,263 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.2709 (2025)
Frequently asked questions
- What is inflation, consumer prices in Georgia?
- Inflation, consumer prices in Georgia was 1.11 in 2024, according to UNICEF.
- What is the highest inflation, consumer prices recorded in Georgia?
- The highest recorded value was 162.72 in 1995.
- What is the lowest inflation, consumer prices recorded in Georgia?
- The lowest recorded value was -0.9437 in 2012.
- How does Georgia rank for inflation, consumer prices?
- Georgia ranks 62nd out of 70 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Georgia?
- Over the last ten years it is down 63.8%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under UNICEF Terms of Use (attribution required).