GDP at market prices (constant 2010 US$) in Georgia
Georgia: GDP at market prices (constant 2010 US$) was 25.13 billion constant 2010 US$ in 2024. ▲ Rising
Latest (2024)
25.13 billion constant 2010 US$
Change on year
up 9.4%
World rank
112th
of 208 countries
All-time high
25.13 billion constant 2010 US$
in 2024
All-time low
4.67 billion constant 2010 US$
in 1994
Years of data
55
1970–2024
GDP at market prices in Georgia, 1970–2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
In 2024, gdp at market prices in Georgia stood at 25.13 billion constant 2010 US$. That is the highest value across all 55 years on record.
That represents a change of up 9.4% on the previous year and up 70.6% over ten years.
Over the whole period, gdp at market prices in Georgia peaked at 25.13 billion constant 2010 US$ in 2024 and was at its lowest, 4.67 billion constant 2010 US$, in 1994.
That places Georgia 112th out of 208 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP at market prices (constant 2010 US$) in Georgia, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1970 | 9.84 billion constant 2010 US$ | — |
| 1971 | 10.08 billion constant 2010 US$ | +2.5% |
| 1972 | 10.37 billion constant 2010 US$ | +2.8% |
| 1973 | 11.04 billion constant 2010 US$ | +6.5% |
| 1974 | 12.01 billion constant 2010 US$ | +8.8% |
| 1975 | 12.90 billion constant 2010 US$ | +7.4% |
| 1976 | 13.68 billion constant 2010 US$ | +6.1% |
| 1977 | 14.63 billion constant 2010 US$ | +6.9% |
| 1978 | 15.71 billion constant 2010 US$ | +7.4% |
| 1979 | 16.87 billion constant 2010 US$ | +7.4% |
| 1980 | 17.64 billion constant 2010 US$ | +4.6% |
| 1981 | 18.57 billion constant 2010 US$ | +5.3% |
| 1982 | 18.94 billion constant 2010 US$ | +2.0% |
| 1983 | 19.76 billion constant 2010 US$ | +4.3% |
| 1984 | 20.83 billion constant 2010 US$ | +5.4% |
| 1985 | 21.86 billion constant 2010 US$ | +4.9% |
| 1986 | 20.07 billion constant 2010 US$ | -8.2% |
| 1987 | 20.33 billion constant 2010 US$ | +1.3% |
| 1988 | 21.46 billion constant 2010 US$ | +5.6% |
| 1989 | 19.92 billion constant 2010 US$ | -7.2% |
| 1990 | 16.97 billion constant 2010 US$ | -14.8% |
| 1991 | 13.39 billion constant 2010 US$ | -21.1% |
| 1992 | 7.38 billion constant 2010 US$ | -44.9% |
| 1993 | 5.22 billion constant 2010 US$ | -29.3% |
| 1994 | 4.67 billion constant 2010 US$ | -10.4% |
| 1995 | 4.80 billion constant 2010 US$ | +2.6% |
| 1996 | 5.33 billion constant 2010 US$ | +11.2% |
| 1997 | 5.89 billion constant 2010 US$ | +10.5% |
| 1998 | 6.08 billion constant 2010 US$ | +3.1% |
| 1999 | 6.25 billion constant 2010 US$ | +2.9% |
| 2000 | 6.37 billion constant 2010 US$ | +1.8% |
| 2001 | 6.67 billion constant 2010 US$ | +4.8% |
| 2002 | 7.04 billion constant 2010 US$ | +5.5% |
| 2003 | 7.81 billion constant 2010 US$ | +11.1% |
| 2004 | 8.27 billion constant 2010 US$ | +5.8% |
| 2005 | 9.06 billion constant 2010 US$ | +9.6% |
| 2006 | 9.91 billion constant 2010 US$ | +9.4% |
| 2007 | 11.16 billion constant 2010 US$ | +12.6% |
| 2008 | 11.43 billion constant 2010 US$ | +2.4% |
| 2009 | 11.01 billion constant 2010 US$ | -3.7% |
| 2010 | 11.70 billion constant 2010 US$ | +6.2% |
| 2011 | 12.63 billion constant 2010 US$ | +7.9% |
| 2012 | 13.46 billion constant 2010 US$ | +6.6% |
| 2013 | 14.15 billion constant 2010 US$ | +5.1% |
| 2014 | 14.73 billion constant 2010 US$ | +4.1% |
| 2015 | 15.22 billion constant 2010 US$ | +3.4% |
| 2016 | 15.75 billion constant 2010 US$ | +3.5% |
| 2017 | 16.56 billion constant 2010 US$ | +5.2% |
| 2018 | 17.57 billion constant 2010 US$ | +6.1% |
| 2019 | 18.51 billion constant 2010 US$ | +5.4% |
| 2020 | 17.35 billion constant 2010 US$ | -6.3% |
| 2021 | 19.19 billion constant 2010 US$ | +10.6% |
| 2022 | 21.30 billion constant 2010 US$ | +11.0% |
| 2023 | 22.96 billion constant 2010 US$ | +7.8% |
| 2024 | 25.13 billion constant 2010 US$ | +9.4% |
Georgia compared with similar countries
- Georgia's 25.13 billion constant 2010 US$ is below the median for upper middle income countries, which is 46.21 billion constant 2010 US$, 54% of the median. (58 countries reporting)
- Georgia's 25.13 billion constant 2010 US$ is below the median for Europe & Central Asia, which is 69.56 billion constant 2010 US$, 36% of the median. (54 countries reporting)
Biggest year-on-year movements
Years where GDP at market prices (constant 2010 US$) 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 |
|---|---|---|---|
| 1992 | -44.9% | 13.39 billion constant 2010 US$ | 7.38 billion constant 2010 US$ |
| 1993 | -29.3% | 7.38 billion constant 2010 US$ | 5.22 billion constant 2010 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.71 billion constant 2010 US$ | 9.84 billion constant 2010 US$ | 16.87 billion constant 2010 US$ | 10 |
| 1980s | 19.94 billion constant 2010 US$ | 17.64 billion constant 2010 US$ | 21.86 billion constant 2010 US$ | 10 |
| 1990s | 7.60 billion constant 2010 US$ | 4.67 billion constant 2010 US$ | 16.97 billion constant 2010 US$ | 10 |
| 2000s | 8.87 billion constant 2010 US$ | 6.37 billion constant 2010 US$ | 11.43 billion constant 2010 US$ | 10 |
| 2010s | 15.03 billion constant 2010 US$ | 11.70 billion constant 2010 US$ | 18.51 billion constant 2010 US$ | 10 |
| 2020s | 21.19 billion constant 2010 US$ | 17.35 billion constant 2010 US$ | 25.13 billion constant 2010 US$ | 5 |
Countries ranked near Georgia
- 109 Estonia 27.50 billion constant 2010 US$ compare
- 110 Guyana 27.37 billion constant 2010 US$ compare
- 111 Papua New Guinea 27.20 billion constant 2010 US$ compare
- 113 Zimbabwe 23.63 billion constant 2010 US$ compare
- 114 Iceland 23.45 billion constant 2010 US$ compare
- 115 Mali 22.23 billion constant 2010 US$ compare
More population data for Georgia
- Population regions 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 long run with projections, annual growth rate -0.5746 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -1.02 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 3,385 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.3182 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.685 % change on previous year (2100)
- Population growth rate -0.584 (2100)
- Population density 42.73 (2100)
- Projected population under age 5 126,871 (2100)
Frequently asked questions
- What is gdp at market prices in Georgia?
- Gdp at market prices in Georgia was 25.13 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Georgia?
- The highest recorded value was 25.13 billion constant 2010 US$ in 2024.
- What is the lowest gdp at market prices recorded in Georgia?
- The lowest recorded value was 4.67 billion constant 2010 US$ in 1994.
- How does Georgia rank for gdp at market prices?
- Georgia ranks 112th out of 208 countries with data for 2024.
- Is gdp at market prices rising or falling in Georgia?
- Over the last ten years it is up 70.6%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release