Graph and download economic data for Gross Domestic Product: All Industry Total in Georgia (GANGSP) from 1997 to 2024 about GSP, GA, industry, GDP, and USA.

In 2023, the real gross domestic product (GDP) of Georgia was about 661.11 billion U.S. dollars. This reflects an increase from the previous year when the state's GDP was 655.83 billion U.S. dollars. The annual real GDP growth of the U.S. can be accessed here.

Graph and download economic data for Gross Domestic Product: Information (51) in Georgia (GAINFONQGSP) from Q1 2005 to Q1 2025 about information, GSP, GA, private industries, private, industry, GDP, and USA.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in Georgia (GARQGSP) from Q1 2005 to Q1 2025 about GSP, GA, real, industry, GDP, and USA.

In 2023, around 678.2 billion 2017 U.S. dollars was added to the GDP of Georgia across all industries. In that year, the finance, insurance, and real estate industry was the most valuable, contributing 142.75 billion U.S. dollars. The utilities industry added a further 11.42 billion chained 2017 U.S. dollars of value to the state GDP.

Georgia gdp growth rate for 2023 was 7.83%, a 3.13% decline from 2022.

<ul style='margin-top:20px;'>

<li>Georgia gdp growth rate for 2022 was <strong>10.96%</strong>, a <strong>0.31% increase</strong> from 2021.</li>
<li>Georgia gdp growth rate for 2021 was <strong>10.64%</strong>, a <strong>16.93% increase</strong> from 2020.</li>
<li>Georgia gdp growth rate for 2020 was <strong>-6.29%</strong>, a <strong>11.67% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

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.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in Georgia (GARGSP) from 1997 to 2024 about GSP, GA, real, industry, GDP, and USA.

Credit to government and state-owned enterprises to GDP (%) in Georgia was reported at 9.2176 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Georgia - Credit to government and state owned enterprises to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for Real Gross Domestic Product: State and Local in Georgia (GAGOVSLRGSP) from 1997 to 2024 about state & local, GSP, GA, government, real, industry, GDP, and USA.

Graph and download economic data for Real Gross Domestic Product: Construction (23) in Georgia (GACONSTRGSP) from 1997 to 2024 about GSP, GA, private industries, construction, private, real, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: Agriculture, Forestry, Fishing and Hunting (11) in Georgia (GAAGRNGSP) from 1997 to 2024 about hunting, forestry, fishing, agriculture, GSP, GA, private industries, private, industry, GDP, and USA.

Graph and download economic data for Real Gross Domestic Product: Manufacturing (31-33) in Georgia (GAMANRQGSP) from Q1 2005 to Q1 2025 about GSP, GA, private industries, private, manufacturing, real, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: Accommodation and Food Services (72) in Georgia (GAACCOMDNQGSP) from Q1 2005 to Q1 2025 about arts, entertainment, accommodation, recreation, GSP, GA, private industries, food, services, private, industry, GDP, and USA.

Graph and download economic data for Real Gross Domestic Product: Military in Georgia (GAGOVFEDMILRGSP) from 1997 to 2024 about military, GSP, GA, federal, government, real, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: Manufacturing (31-33) in Georgia (GAMANNQGSP) from Q1 2005 to Q4 2024 about GSP, GA, private industries, private, manufacturing, industry, GDP, and USA.

Graph and download economic data for Real Gross Domestic Product: Government and Government Enterprises (92) in Georgia (GAGOVRGSP) from 1997 to 2024 about GSP, GA, government, real, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: Private Industries in Georgia (GAPINQGSP) from Q1 2005 to Q4 2024 about GSP, GA, private industries, private, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: Construction (23) in Georgia (GACONSTNQGSP) from Q1 2005 to Q4 2024 about GSP, GA, private industries, construction, private, industry, GDP, and USA.