The gross domestic product (GDP) in current prices in Georgia was forecast to continuously increase between 2024 and 2029 by in total 14.2 billion U.S. dollars (+42.78 percent). After the ninth consecutive increasing year, the GDP is estimated to reach 47.41 billion U.S. dollars and therefore a new peak in 2029. The gross domestic product at current prices is defined 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.Find more statistics on other topics about Georgia with key insights such as the gross domestic product per capita, the budget balance in relation to the gross domestic product, and ratio of the national debt to the gross domestic product.

The Gross Domestic Product (GDP) in Georgia was worth 30.78 billion US dollars in 2023, 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 Georgia expanded 8.30 percent in the fourth quarter of 2024 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.

The regional economy of the Commonwealth of Independent States (CIS), including Georgia, Turkmenistan, and Ukraine, was estimated to have 3.3 percent in 2023. The gross domestic product (GDP) of several countries in the region was negatively impacted by the Russia-Ukraine war that began in February of that year. For instance, the Belarusian economy was estimated to have regain around 0.7 percent of its GDP in 2025.

Among subregions of Central and Eastern Europe (CEE) and Central Asia, the latter had the most significant increase in real gross domestic product (GDP) in 2023, at 5.6 percent. This subregion includes Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan. The GDP of countries in the South Caucasus, namely Armenia, Azerbaijan, and Georgia, were expected to grow by 4.6 percent in 2024.

The Gross Domestic Product per capita in Georgia was last recorded at 22590.53 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Georgia, when adjusted by Purchasing Power Parity is equivalent to 127 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.

Gross national expenditure (% of GDP) in Georgia was reported at 109 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Georgia - Gross national expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Georgia Country Flow: Bond: Estimated Asset Under Management: Period End data was reported at 307.963 USD mn in Jan 2025. This records an increase from the previous number of 304.165 USD mn for Dec 2024. Georgia Country Flow: Bond: Estimated Asset Under Management: Period End data is updated monthly, averaging 286.330 USD mn from Mar 2009 (Median) to Jan 2025, with 179 observations. The data reached an all-time high of 716.988 USD mn in Oct 2016 and a record low of 0.544 USD mn in May 2009. Georgia Country Flow: Bond: Estimated Asset Under Management: Period End data remains active status in CEIC and is reported by EPFR. The data is categorized under Global Database’s Georgia – Table GE.EPFR.CF: Country Flow by Equity and Bond.

The average inflation rate in Georgia was forecast to continuously increase between 2024 and 2029 by in total 1.9 percentage points. The inflation is estimated to amount to three percent in 2029. The International Monetary Fund describes this indicator as a measure of inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.Find more statistics on other topics about Georgia with key insights such as the national debt, ratio of the national debt to the gross domestic product, and the ratio of government expenditure to the gross domestic product.

Key information about Georgia Domestic Credit Growth

• Georgia Domestic Credit increased 24.2 % YoY in Jan 2025, compared with an increase of 21.2 % YoY in the previous month
• Georgia Domestic Credit Growth YoY data is updated monthly
• It averaged 18.4 %, available from Oct 1996 to Jan 2025
• The data reached an all-time high of 112.9 % in Jun 1997 and a record low of -6.6 % in Nov 2009

CEIC calculates Domestic Credit Growth from monthly Domestic Credit. The National Bank of Georgia provides Domestic Credit in local currency based on MFSMCG 2016. Domestic Credit Growth prior to November 2016 is based on MFSM 2000.


Further information about Georgia Domestic Credit Growth

• In the latest reports, Georgia Domestic Credit reached 23.5 USD bn in Jan 2025
• Money Supply M2 in Georgia increased to 9.4 USD bn YoY in Jan 2025
• Georgia Foreign Exchange Reserves was measured at 3.3 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 2.1 Months of Import in Jan 2025
• The country's Non Performing Loans Ratio stood at 1.7 % in Jun 2023, compared with the ratio of 1.8 % in the previous month
• Household Debt of Georgia reached 36.9 % in Mar 2023, accounting for 36.9 % of the country's Nominal GDP

Chart and table of NY.GDP.PCAP.KN population from 1950 to 2025. United Nations projections are also included through the year 2100.

Unemployment Rate in Georgia increased to 14.20 percent in the fourth quarter of 2024 from 13.80 percent in the third quarter of 2024. This dataset provides - Georgia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Georgia Total Exports

• Georgia Total Exports expanded 19.3 % YoY in Jan 2025, compared with an increase of 6.8 % YoY in the previous month
• Georgia Total Exports Growth data is updated monthly, available from Jan 1996 to Jan 2025, with an averaged rate of 15.1 %
• The data reached an all-time high of 247.9 % in Mar 1996 and a record low of -66.1 % in Sep 1998

CEIC calculates Total Exports Growth from monthly Total Exports. The National Statistics Office of Georgia provides Total Exports, FOB, in USD.


Further information about Georgia Total Exports

• In the latest reports, Georgia Total Exports recorded 403.9 USD mn in Jan 2025
• Total Imports recorded 1.6 USD bn in Jan 2025, which registered an increase of 45.5 % year on year
• Georgia Trade Balance recorded a deficit of 1.2 USD bn in Jan 2025

Air Quality Forecast: Contaminant Concentration: PM10: Georgia: Tbilisi data was reported at 41.154 mcg/Cub m in 28 Mar 2025. This records a decrease from the previous number of 71.620 mcg/Cub m for 27 Mar 2025. Air Quality Forecast: Contaminant Concentration: PM10: Georgia: Tbilisi data is updated daily, averaging 17.517 mcg/Cub m from Oct 2019 (Median) to 28 Mar 2025, with 1983 observations. The data reached an all-time high of 108.325 mcg/Cub m in 16 Sep 2024 and a record low of 0.693 mcg/Cub m in 21 Nov 2023. Air Quality Forecast: Contaminant Concentration: PM10: Georgia: Tbilisi data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Georgia – Table CAMS.AQF: Air Quality Forecast: Contaminant Concentration: PM10: by Cities. [COVID-19-IMPACT]

Georgia Imports: CIS States: Azerbaijan data was reported at 62,728.723 USD th in Jan 2025. This records a decrease from the previous number of 67,165.752 USD th for Dec 2024. Georgia Imports: CIS States: Azerbaijan data is updated monthly, averaging 33,100.819 USD th from Jan 1995 (Median) to Jan 2025, with 361 observations. The data reached an all-time high of 95,884.296 USD th in Dec 2013 and a record low of 505.698 USD th in Jan 1995. Georgia Imports: CIS States: Azerbaijan data remains active status in CEIC and is reported by National Statistics Office of Georgia. The data is categorized under Global Database’s Georgia – Table GE.JA008: Imports: by Country.

Key information about Georgia Total Imports Growth

• Georgia Total Imports grew 45.5 % YoY in Jan 2025, compared with an increase of 22.2 % YoY in the previous month
• Georgia Total Imports Growth data is updated monthly, available from Jan 1996 to Jan 2025, with an averaged rate of 13.3 %
• The data reached an all-time high of 364.8 % in Feb 1996 and a record low of -51.5 % in Dec 1998

CEIC calculates Total Imports Growth from monthly Total Imports. The National Statistics Office of Georgia provides Total Imports CIF, in USD.


Further information about Georgia Total Imports Growth

• In the latest reports, Georgia Total Imports recorded 1.6 USD bn in Jan 2025
• Total Exports reached 403.9 USD mn in Jan 2025, which registered an increase of 19.3 % year on year
• Georgia Trade Balance recorded a deficit of 1.2 USD bn in Jan 2025

Georgia NBG: Claims on Other Sectors (CO) data was reported at 60.000 GEL th in Feb 2025. This records a decrease from the previous number of 61.000 GEL th for Jan 2025. Georgia NBG: Claims on Other Sectors (CO) data is updated monthly, averaging 184.500 GEL th from Nov 2015 (Median) to Feb 2025, with 112 observations. The data reached an all-time high of 3,815.000 GEL th in Apr 2020 and a record low of 60.000 GEL th in Feb 2025. Georgia NBG: Claims on Other Sectors (CO) data remains active status in CEIC and is reported by National Bank of Georgia. The data is categorized under Global Database’s Georgia – Table GE.KA004: Monetary Survey: National Bank of Georgia.

Gross National Product in Georgia increased to 23030.90 GEL Million in the third quarter of 2024 from 20927.10 GEL Million in the second quarter of 2024. This dataset provides - Georgia Gross National Product- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Georgia Exports: CIS States: Azerbaijan data was reported at 46,240.125 USD th in Jan 2025. This records a decrease from the previous number of 60,167.470 USD th for Dec 2024. Georgia Exports: CIS States: Azerbaijan data is updated monthly, averaging 14,874.483 USD th from Jan 1995 (Median) to Jan 2025, with 361 observations. The data reached an all-time high of 82,462.671 USD th in Aug 2023 and a record low of 62.008 USD th in Jan 1995. Georgia Exports: CIS States: Azerbaijan data remains active status in CEIC and is reported by National Statistics Office of Georgia. The data is categorized under Global Database’s Georgia – Table GE.JA003: Exports: by Country.

Imports in Georgia decreased to 1103.40 USD Million in February from 1604.20 USD Million in January of 2025. This dataset provides the latest reported value for - Georgia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.