Value Added (Total Manufacturing) — Value Standard Local Currency in Georgia
Georgia: Value Added (Total Manufacturing) — Value Standard Local Currency was 4,450 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Georgia, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Georgia recorded 4,450 million SLC for value added (total manufacturing) — value standard local currency in 2023.
That represents a change of up 3.3% on the previous year and up 25.9% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Georgia peaked at 6,681 million SLC in 1991 and was at its lowest, 653.99 million SLC, in 1994.
That places Georgia 133rd out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Georgia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 6,681 million SLC | — |
| 1992 | 1,794 million SLC | -73.1% |
| 1993 | 714.68 million SLC | -60.2% |
| 1994 | 653.99 million SLC | -8.5% |
| 1995 | 743.93 million SLC | +13.8% |
| 1996 | 1,446 million SLC | +94.3% |
| 1997 | 1,488 million SLC | +2.9% |
| 1998 | 1,385 million SLC | -6.9% |
| 1999 | 1,360 million SLC | -1.8% |
| 2000 | 1,384 million SLC | +1.8% |
| 2001 | 1,368 million SLC | -1.2% |
| 2002 | 1,551 million SLC | +13.4% |
| 2003 | 1,673 million SLC | +7.9% |
| 2004 | 1,799 million SLC | +7.5% |
| 2005 | 2,043 million SLC | +13.6% |
| 2006 | 2,370 million SLC | +16.0% |
| 2007 | 2,746 million SLC | +15.8% |
| 2008 | 2,686 million SLC | -2.2% |
| 2009 | 2,505 million SLC | -6.7% |
| 2010 | 2,809 million SLC | +12.1% |
| 2011 | 3,201 million SLC | +14.0% |
| 2012 | 3,380 million SLC | +5.6% |
| 2013 | 3,535 million SLC | +4.6% |
| 2014 | 3,537 million SLC | +0.1% |
| 2015 | 3,192 million SLC | -9.8% |
| 2016 | 3,143 million SLC | -1.5% |
| 2017 | 3,561 million SLC | +13.3% |
| 2018 | 3,693 million SLC | +3.7% |
| 2019 | 3,769 million SLC | +2.1% |
| 2020 | 3,546 million SLC | -5.9% |
| 2021 | 3,800 million SLC | +7.1% |
| 2022 | 4,309 million SLC | +13.4% |
| 2023 | 4,450 million SLC | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,807 million SLC | 653.99 million SLC | 6,681 million SLC | 9 |
| 2000s | 2,013 million SLC | 1,368 million SLC | 2,746 million SLC | 10 |
| 2010s | 3,382 million SLC | 2,809 million SLC | 3,769 million SLC | 10 |
| 2020s | 4,026 million SLC | 3,546 million SLC | 4,450 million SLC | 4 |
Countries ranked near Georgia
- 130 Jordan 5,820 million SLC compare
- 131 Azerbaijan 4,609 million SLC compare
- 132 Lesotho 4,494 million SLC compare
- 134 Bosnia and Herzegovina 4,194 million SLC compare
- 135 El Salvador 3,681 million SLC compare
- 136 Kuwait 3,440 million SLC 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)
- GNI (current LCU), annual growth rate 13.76 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 2.57 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 24,909 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 4.88 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 4.13 % change on previous year (2025)
- Taxes less subsidies on products (current US$), 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)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Georgia?
- Value added (total manufacturing) — value standard local currency in Georgia was 4,450 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Georgia?
- The highest recorded value was 6,681 million SLC in 1991.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Georgia?
- The lowest recorded value was 653.99 million SLC in 1994.
- How does Georgia rank for value added (total manufacturing) — value standard local currency?
- Georgia ranks 133rd out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Georgia?
- Over the last ten years it is up 25.9%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).