Annual Purchasing Power: Purchasing Power Parities … household in Georgia
Georgia: Annual Purchasing Power Parities and exchange rates — Purchasing was 1.08 National currency per US dollar in 2024. ▲ Rising
Annual Purchasing Power Parities and exchange rates — Purchasing in Georgia, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency per US dollar.
Analysis
In 2024, annual purchasing power parities and exchange rates — purchasing in Georgia stood at 1.08 National currency per US dollar.
Compared with earlier readings it is down 1.8% on the previous year and up 32.8% over ten years.
Over the whole period, annual purchasing power parities and exchange rates — purchasing in Georgia peaked at 1.11 National currency per US dollar in 2022 and was at its lowest, 0 National currency per US dollar, in 1990.
That places Georgia 35th out of 53 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Annual Purchasing Power Parities and exchange rates — Purchasing in Georgia, year by year
| Year | National currency per US dollar | Change |
|---|---|---|
| 1990 | 0 National currency per US dollar | — |
| 1991 | 0 National currency per US dollar | +0.0% |
| 1992 | 0 National currency per US dollar | +1100.0% |
| 1993 | 0.0018 National currency per US dollar | +14833.3% |
| 1994 | 0.1273 National currency per US dollar | +7003.7% |
| 1995 | 0.3253 National currency per US dollar | +155.5% |
| 1996 | 0.4404 National currency per US dollar | +35.4% |
| 1997 | 0.4609 National currency per US dollar | +4.6% |
| 1998 | 0.47 National currency per US dollar | +2.0% |
| 1999 | 0.5482 National currency per US dollar | +16.6% |
| 2000 | 0.5519 National currency per US dollar | +0.7% |
| 2001 | 0.5616 National currency per US dollar | +1.8% |
| 2002 | 0.5838 National currency per US dollar | +3.9% |
| 2003 | 0.5756 National currency per US dollar | -1.4% |
| 2004 | 0.5923 National currency per US dollar | +2.9% |
| 2005 | 0.6201 National currency per US dollar | +4.7% |
| 2006 | 0.6558 National currency per US dollar | +5.7% |
| 2007 | 0.6965 National currency per US dollar | +6.2% |
| 2008 | 0.7378 National currency per US dollar | +5.9% |
| 2009 | 0.7532 National currency per US dollar | +2.1% |
| 2010 | 0.7938 National currency per US dollar | +5.4% |
| 2011 | 0.8352 National currency per US dollar | +5.2% |
| 2012 | 0.7664 National currency per US dollar | -8.2% |
| 2013 | 0.7843 National currency per US dollar | +2.3% |
| 2014 | 0.8098 National currency per US dollar | +3.3% |
| 2015 | 0.8526 National currency per US dollar | +5.3% |
| 2016 | 0.8698 National currency per US dollar | +2.0% |
| 2017 | 0.9377 National currency per US dollar | +7.8% |
| 2018 | 0.9383 National currency per US dollar | +0.1% |
| 2019 | 0.9579 National currency per US dollar | +2.1% |
| 2020 | 1 National currency per US dollar | +4.9% |
| 2021 | 1.07 National currency per US dollar | +6.9% |
| 2022 | 1.11 National currency per US dollar | +3.6% |
| 2023 | 1.09 National currency per US dollar | -1.6% |
| 2024 | 1.08 National currency per US dollar | -1.8% |
Georgia compared with similar countries
- Georgia's 1.08 National currency per US dollar is below the median for upper middle income countries, which is 22.39 National currency per US dollar, 5% of the median. (13 countries reporting)
- Georgia's 1.08 National currency per US dollar is above the median for Europe & Central Asia, which is 0.9848 National currency per US dollar, 1.1× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Annual Purchasing Power Parities and exchange rates — Purchasing 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 |
|---|---|---|---|
| 1993 | +14833.3% | 0 National currency per US dollar | 0.0018 National currency per US dollar |
| 1994 | +7003.7% | 0.0018 National currency per US dollar | 0.1273 National currency per US dollar |
| 1992 | +1100.0% | 0 National currency per US dollar | 0 National currency per US dollar |
| 1995 | +155.5% | 0.1273 National currency per US dollar | 0.3253 National currency per US dollar |
| 1996 | +35.4% | 0.3253 National currency per US dollar | 0.4404 National currency per US dollar |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2374 National currency per US dollar | 0 National currency per US dollar | 0.5482 National currency per US dollar | 10 |
| 2000s | 0.6329 National currency per US dollar | 0.5519 National currency per US dollar | 0.7532 National currency per US dollar | 10 |
| 2010s | 0.8546 National currency per US dollar | 0.7664 National currency per US dollar | 0.9579 National currency per US dollar | 10 |
| 2020s | 1.07 National currency per US dollar | 1 National currency per US dollar | 1.11 National currency per US dollar | 5 |
Countries ranked near Georgia
- 32 New Zealand 1.53 National currency per US dollar compare
- 33 Australia 1.46 National currency per US dollar compare
- 34 Canada 1.26 National currency per US dollar compare
- 36 Switzerland 1.07 National currency per US dollar compare
- 37 Singapore 1.04 National currency per US dollar compare
- 38 United States 1 National currency per US dollar compare
More population data for Georgia
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 3,385 Persons (2050)
- Un population 2024 vs 2022, annual growth rate -1.02 % change on previous year (2100)
- Population long run with projections, annual growth rate -0.5746 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.2343 % change on previous year (2050)
- Population regions with projections, annual growth rate -0.5746 % change on previous year (2100)
- Population growth rate, by level of development -0.6% (2100)
- Number of children under 5, by world region 126,871 people (2100)
- Population density 42.73 people per km² (2100)
- World population growth -0.6% (2100)
- Projected population under age 5, annual growth rate -0.685 % change on previous year (2100)
Frequently asked questions
- What is annual purchasing power parities and exchange rates — purchasing in Georgia?
- Annual purchasing power parities and exchange rates — purchasing in Georgia was 1.08 National currency per US dollar in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual purchasing power parities and exchange rates — purchasing recorded in Georgia?
- The highest recorded value was 1.11 National currency per US dollar in 2022.
- What is the lowest annual purchasing power parities and exchange rates — purchasing recorded in Georgia?
- The lowest recorded value was 0 National currency per US dollar in 1990.
- How does Georgia rank for annual purchasing power parities and exchange rates — purchasing?
- Georgia ranks 35th out of 53 countries with data for 2024.
- Is annual purchasing power parities and exchange rates — purchasing rising or falling in Georgia?
- Over the last ten years it is up 32.8%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for household final consumption expenditure. Statizoid updates them automatically from the source API.
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About this data
This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. These indicators were presented in the previous dissemination system in the SNA_TABLE4 dataset. For further information on (PPPs) please check the following link: Purchasing Power Parities and more precisely FAQ 2: Purchasing power parities OECD statistics contact: STAT.Contact@oecd.org