Value Added (Total Manufacturing) — Value US$, 2015 prices in Georgia
Georgia: Value Added (Total Manufacturing) — Value US$, 2015 prices was 1,961 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Georgia, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in Georgia stood at 1,961 million USD.
The figure is up 3.3% on the previous year and up 25.9% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Georgia peaked at 2,944 million USD in 1991 and was at its lowest, 288.18 million USD, in 1994.
That places Georgia 128th out of 236 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices in Georgia, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 2,944 million USD | — |
| 1992 | 790.7 million USD | -73.1% |
| 1993 | 314.93 million USD | -60.2% |
| 1994 | 288.18 million USD | -8.5% |
| 1995 | 327.82 million USD | +13.8% |
| 1996 | 637.08 million USD | +94.3% |
| 1997 | 655.58 million USD | +2.9% |
| 1998 | 610.29 million USD | -6.9% |
| 1999 | 599.07 million USD | -1.8% |
| 2000 | 610.06 million USD | +1.8% |
| 2001 | 602.62 million USD | -1.2% |
| 2002 | 683.38 million USD | +13.4% |
| 2003 | 737.43 million USD | +7.9% |
| 2004 | 792.74 million USD | +7.5% |
| 2005 | 900.16 million USD | +13.6% |
| 2006 | 1,044 million USD | +16.0% |
| 2007 | 1,210 million USD | +15.8% |
| 2008 | 1,184 million USD | -2.2% |
| 2009 | 1,104 million USD | -6.7% |
| 2010 | 1,238 million USD | +12.1% |
| 2011 | 1,411 million USD | +14.0% |
| 2012 | 1,489 million USD | +5.6% |
| 2013 | 1,558 million USD | +4.6% |
| 2014 | 1,559 million USD | +0.1% |
| 2015 | 1,406 million USD | -9.8% |
| 2016 | 1,385 million USD | -1.5% |
| 2017 | 1,569 million USD | +13.3% |
| 2018 | 1,627 million USD | +3.7% |
| 2019 | 1,661 million USD | +2.1% |
| 2020 | 1,563 million USD | -5.9% |
| 2021 | 1,674 million USD | +7.1% |
| 2022 | 1,899 million USD | +13.4% |
| 2023 | 1,961 million USD | +3.3% |
Georgia compared with similar countries
- Georgia's 1,961 million USD is below the median for upper middle income countries, which is 4,090 million USD, 48% of the median. (54 countries reporting)
- Georgia's 1,961 million USD is below the median for Europe & Central Asia, which is 12,800 million USD, 15% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, 2015 prices in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +94.3% | 327.82 million USD | 637.08 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 796.4 million USD | 288.18 million USD | 2,944 million USD | 9 |
| 2000s | 886.85 million USD | 602.62 million USD | 1,210 million USD | 10 |
| 2010s | 1,490 million USD | 1,238 million USD | 1,661 million USD | 10 |
| 2020s | 1,774 million USD | 1,563 million USD | 1,961 million USD | 4 |
Countries ranked near Georgia
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 266.07 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.007 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 67.6 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.66 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 3.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0434 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 420.58 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.45 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Georgia?
- Value added (total manufacturing) — value us$, 2015 prices in Georgia was 1,961 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Georgia?
- The highest recorded value was 2,944 million USD in 1991.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Georgia?
- The lowest recorded value was 288.18 million USD in 1994.
- How does Georgia rank for value added (total manufacturing) — value us$, 2015 prices?
- Georgia ranks 128th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Georgia?
- Over the last ten years it is up 25.9%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).