Merchandise trade as a proportion of GDP in Georgia
Georgia: Merchandise trade as a proportion of GDP was 68.6% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Georgia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Georgia recorded 68.6% for merchandise trade as a proportion of gdp in 2024.
Compared with earlier readings it is down 2.7% on the previous year and up 7.5% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Georgia peaked at 76.5% in 2022 and was at its lowest, 33.3%, in 2001.
That places Georgia 72nd out of 218 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP in Georgia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 33.8% | — |
| 2001 | 33.3% | -1.4% |
| 2002 | 33.6% | +1.1% |
| 2003 | 40.1% | +19.3% |
| 2004 | 48.6% | +21.2% |
| 2005 | 52.3% | +7.6% |
| 2006 | 59.6% | +13.8% |
| 2007 | 63.4% | +6.4% |
| 2008 | 60.9% | -3.8% |
| 2009 | 52.3% | -14.1% |
| 2010 | 55.8% | +6.6% |
| 2011 | 59.8% | +7.2% |
| 2012 | 61.6% | +3.1% |
| 2013 | 62.4% | +1.3% |
| 2014 | 63.8% | +2.2% |
| 2015 | 62.4% | -2.2% |
| 2016 | 61.2% | -1.9% |
| 2017 | 65.6% | +7.1% |
| 2018 | 71.2% | +8.5% |
| 2019 | 75.5% | +6.1% |
| 2020 | 71.1% | -5.8% |
| 2021 | 76.1% | +6.9% |
| 2022 | 76.5% | +0.6% |
| 2023 | 70.5% | -7.9% |
| 2024 | 68.6% | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47.8% | 33.3% | 63.4% | 10 |
| 2010s | 63.9% | 55.8% | 75.5% | 10 |
| 2020s | 72.6% | 68.6% | 76.5% | 5 |
Countries ranked near Georgia
- 69 Republic of Moldova 69.3% compare
- 69 Republic of Moldova 69.3% compare
- 71 Cabo Verde 68.9% compare
- 73 Mexico 67.9% compare
- 74 Iraq 67.4% compare
- 75 Germany 66.2% compare
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 capital formation (current US$), annual growth rate -3.1 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2128 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 2,062 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -2.34 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.5835 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 5,655 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -5.47 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1468 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Georgia?
- Merchandise trade as a proportion of gdp in Georgia was 68.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Georgia?
- The highest recorded value was 76.5% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Georgia?
- The lowest recorded value was 33.3% in 2001.
- How does Georgia rank for merchandise trade as a proportion of gdp?
- Georgia ranks 72nd out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Georgia?
- Over the last ten years it is up 7.5%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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