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) per capita in Georgia was forecast to continuously increase between 2024 and 2029 by in total 3,851.6 U.S. dollars (+43.36 percent). After the ninth consecutive increasing year, the GDP per capita is estimated to reach 12,734.24 U.S. dollars and therefore a new peak in 2029. 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 prices and then divided by the total population. The gross domestic products 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).Find more statistics on other topics about Georgia with key insights such as the budget balance in relation to the gross domestic product, the national debt, and the total population.