The Gross Domestic Product (GDP) in Georgia was worth 33.78 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Georgia represents 0.03 percent of the world economy. This dataset provides the latest reported value for - Georgia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The gross domestic product (GDP) in current prices in Georgia stood at about 33.78 billion U.S. dollars in 2024. Between 1994 and 2024, the GDP rose by approximately 32.93 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 11.47 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The growth of the real gross domestic product (GDP) in Georgia was approximately 9.43 percent in 2024. Between 1995 and 2024, the growth rose by around 6.83 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The growth is forecast to decline by about 4.43 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

The Gross Domestic Product per capita in Georgia was last recorded at 6840.01 US dollars in 2024. The GDP per Capita in Georgia is equivalent to 54 percent of the world's average. This dataset provides - Georgia GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Georgia expanded 7.30 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Georgia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Georgia from 2013 to 2023. In 2023, agriculture contributed around 6.02 percent to the GDP of Georgia, 18.88 percent came from the industry and 61.06 percent from the services sector.

Key information about Georgia Government Debt: % of GDP

• Georgia Government debt accounted for 37.2 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 37.8 % in the previous quarter.
• Georgia government debt to GDP ratio data is updated quarterly, available from Mar 2006 to Sep 2024.
• The data reached an all-time high of 61.8 % in Mar 2021 and a record low of 21.7 % in Mar 2008.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Ministry of Finance of Georgia provides Government Debt in local currency. The National Statistics Office of Georgia provides Nominal GDP in local currency based on SNA 2008. Government Debt covers Central Government only. Nominal GDP prior to Q4 2010 is based on SNA 1993.


Related information about Georgia Government Debt: % of GDP

• In the latest reports, Georgia National Government Debt reached 12.1 USD bn in Sep 2024.
• The country's Nominal GDP reached 9.2 USD bn in Sep 2024.

Graph and download economic data for Constant GDP per capita for Georgia (NYGDPPCAPKDGEO) from 1960 to 2024 about Georgia, per capita, real, and GDP.

The gross domestic product (GDP) per capita in Georgia amounted to 9,141.85 U.S. dollars in 2024. Between 1994 and 2024, the GDP per capita rose by 8,969.35 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 3,159.36 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Full Year GDP Growth in Georgia increased to 9.40 percent in 2024 from 7.80 percent in 2023. This dataset includes a chart with historical data for Georgia Full Year Gdp Growth.

Key information about Georgia Investment: % of GDP

• Georgia Investment accounted for 23.7 % of its Nominal GDP in Sep 2024, compared with a ratio of 25.9 % in the previous quarter.
• Georgia investment share of Nominal GDP data is updated quarterly, available from Mar 1996 to Sep 2024, with an average ratio of 26.5 %.
• The data reached an all-time high of 41.2 % in Sep 2007 and a record low of 8.3 % in Mar 2009.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. The National Statistics Office of Georgia provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency. Investment as % of Nominal GDP prior to Q1 2010 is based on SNA 1993.


Related information about Georgia Investment: % of GDP

• In the latest reports, Georgia GDP expanded 7.7 % YoY in Mar 2023.
• Georgia Nominal GDP reached 9.2 USD bn in Sep 2024.
• Its GDP deflator (implicit price deflator) increased 6.8 % in Mar 2023.
• Georgia GDP Per Capita reached 6,671.9 USD in Dec 2022.
• Its Gross Savings Rate was measured at 26.3 % in Sep 2024.

Georgia: Military spending, percent of GDP: The latest value from 2022 is 1.43 percent, a decline from 1.61 percent in 2021. In comparison, the world average is 1.98 percent, based on data from 145 countries. Historically, the average for Georgia from 1996 to 2022 is 2.65 percent. The minimum value, 0.62 percent, was reached in 2000 while the maximum of 9.16 percent was recorded in 2007.

Georgia: GDP per capita, Purchasing Power Parity: The latest value from 2024 is 25001 U.S. dollars, an increase from 22591 U.S. dollars in 2023. In comparison, the world average is 27291 U.S. dollars, based on data from 177 countries. Historically, the average for Georgia from 1990 to 2024 is 11270 U.S. dollars. The minimum value, 3532 U.S. dollars, was reached in 1994 while the maximum of 25001 U.S. dollars was recorded in 2024.

Key information about Georgia Gross National Product (GNP)

• Georgia Gross National Product (GNP) was reported at 8.487 USD bn in Sep 2024.
• This records an increase from the previous number of 7.638 USD bn for Jun 2024.
• Georgia Gross National Product (GNP) data is updated quarterly, averaging 3.115 USD bn from Mar 1996 to Sep 2024, with 115 observations.
• The data reached an all-time high of 8.487 USD bn in Sep 2024 and a record low of 575.508 USD mn in Mar 1999.

Related information about Georgia Gross National Product (GNP) data

• Georgia Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
• CEIC converts quarterly Gross National Product into USD. The National Statistics Office of Georgia provides Gross National Product in local currency. The National Bank of Georgia average market exchange rate is used for currency conversions. Gross National Product prior to Q1 2010 is based on SNA 1993.

Graph and download economic data for Gross Domestic Product Per Capita for Georgia (PCAGDPGEA646NWDB) from 1987 to 2023 about Georgia, per capita, and GDP.

The Gross Domestic Product per capita in Georgia was last recorded at 25000.63 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Georgia, when adjusted by Purchasing Power Parity is equivalent to 141 percent of the world's average. This dataset provides - Georgia GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP from Agriculture in Georgia increased to 1114.80 GEL Million in the second quarter of 2025 from 624.60 GEL Million in the first quarter of 2025. This dataset provides - Georgia Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Georgia GE: GDP: Gross National Disposable Income data was reported at 34,693.641 GEL mn in 2016. This records an increase from the previous number of 33,417.783 GEL mn for 2015. Georgia GE: GDP: Gross National Disposable Income data is updated yearly, averaging 15,019.814 GEL mn from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 34,693.641 GEL mn in 2016 and a record low of 3,886.000 GEL mn in 1996. Georgia GE: GDP: Gross National Disposable Income data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Georgia – Table GE.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.

Graph and download economic data for Gross Domestic Product for Georgia (MKTGDPGEA646NWDB) from 1987 to 2023 about Georgia and GDP.

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Georgia (RGDPLPGEA625NUPN) from 1993 to 2010 about Georgia, PPP, investment, per capita, consumption, government, GDP, and rate.