Gross domestic product (GDP) in Georgia
Georgia: Gross domestic product (GDP) was 10.03 billion current GBP in 2014. ◆ Volatile
Latest (2014)
10.03 billion current GBP
Change on year
down 2.8%
World rank
120th
of 200 countries
All-time high
10.32 billion current GBP
in 2013
All-time low
1.64 billion current GBP
in 1994
Years of data
25
1990–2014
Gross domestic product (GDP) in Georgia, 1990–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
The most recent figure for gross domestic product (gdp) in Georgia is 10.03 billion current GBP, measured in 2014.
Compared with earlier readings it is down 2.8% on the previous year and up 258.4% over ten years.
Over the whole period, gross domestic product (gdp) in Georgia peaked at 10.32 billion current GBP in 2013 and was at its lowest, 1.64 billion current GBP, in 1994.
That places Georgia 120th out of 200 countries with data for 2014, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Georgia, year by year
| Year | current GBP | Change |
|---|---|---|
| 1990 | 4.37 billion current GBP | — |
| 1991 | 3.60 billion current GBP | -17.4% |
| 1992 | 2.10 billion current GBP | -41.7% |
| 1993 | 1.80 billion current GBP | -14.3% |
| 1994 | 1.64 billion current GBP | -8.8% |
| 1995 | 1.71 billion current GBP | +3.9% |
| 1996 | 1.98 billion current GBP | +16.2% |
| 1997 | 2.14 billion current GBP | +8.1% |
| 1998 | 2.18 billion current GBP | +1.8% |
| 1999 | 1.73 billion current GBP | -20.7% |
| 2000 | 2.02 billion current GBP | +16.8% |
| 2001 | 2.24 billion current GBP | +10.7% |
| 2002 | 2.27 billion current GBP | +1.3% |
| 2003 | 2.44 billion current GBP | +7.9% |
| 2004 | 2.80 billion current GBP | +14.5% |
| 2005 | 3.53 billion current GBP | +26.0% |
| 2006 | 4.21 billion current GBP | +19.4% |
| 2007 | 5.08 billion current GBP | +20.8% |
| 2008 | 6.96 billion current GBP | +36.9% |
| 2009 | 6.91 billion current GBP | -0.7% |
| 2010 | 7.53 billion current GBP | +9.0% |
| 2011 | 9.01 billion current GBP | +19.6% |
| 2012 | 10.03 billion current GBP | +11.3% |
| 2013 | 10.32 billion current GBP | +2.9% |
| 2014 | 10.03 billion current GBP | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.33 billion current GBP | 1.64 billion current GBP | 4.37 billion current GBP | 10 |
| 2000s | 3.85 billion current GBP | 2.02 billion current GBP | 6.96 billion current GBP | 10 |
| 2010s | 9.39 billion current GBP | 7.53 billion current GBP | 10.32 billion current GBP | 5 |
Countries ranked near Georgia
- 117 Mozambique 10.30 billion current GBP compare
- 118 Papua New Guinea 10.29 billion current GBP compare
- 119 Cambodia 10.20 billion current GBP compare
- 121 Botswana 9.65 billion current GBP compare
- 122 Senegal 9.52 billion current GBP compare
- 123 Equatorial Guinea 9.44 billion current GBP 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 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), annual growth 7.54 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.72 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Georgia?
- Gross domestic product (gdp) in Georgia was 10.03 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Georgia?
- The highest recorded value was 10.32 billion current GBP in 2013.
- What is the lowest gross domestic product (gdp) recorded in Georgia?
- The lowest recorded value was 1.64 billion current GBP in 1994.
- How does Georgia rank for gross domestic product (gdp)?
- Georgia ranks 120th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Georgia?
- Over the last ten years it is up 258.4%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.