GDP (current US$) (UNESCO Institute) in Georgia

Georgia: GDP (current US$) (UNESCO Institute) was 33.78 billion current US$ in 2024. ◆ Volatile

Latest (2024)
33.78 billion current US$
Change on year
up 9.7%
World rank
108th
of 211 countries
All-time high
33.78 billion current US$
in 2024
All-time low
2.51 billion current US$
in 1994
Years of data
38
1987–2024

GDP in Georgia, 1987–2024

010.0B20.0B30.0B1987200520241987: 7.3B current US$1988: 8.8B current US$1989: 8.9B current US$1990: 7.7B current US$1991: 6.3B current US$1992: 3.7B current US$1993: 2.7B current US$1994: 2.5B current US$1995: 2.7B current US$1996: 3.1B current US$1997: 3.5B current US$1998: 3.6B current US$1999: 2.8B current US$2000: 3.1B current US$2001: 3.2B current US$2002: 3.4B current US$2003: 4.0B current US$2004: 5.1B current US$2005: 6.4B current US$2006: 7.7B current US$2007: 10.2B current US$2008: 12.8B current US$2009: 10.8B current US$2010: 12.4B current US$2011: 15.5B current US$2012: 16.9B current US$2013: 17.5B current US$2014: 18.0B current US$2015: 15.2B current US$2016: 15.4B current US$2017: 16.5B current US$2018: 17.9B current US$2019: 17.6B current US$2020: 16.0B current US$2021: 18.9B current US$2022: 25.0B current US$2023: 30.8B current US$2024: 33.8B current US$

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

In 2024, gdp in Georgia stood at 33.78 billion current US$. That is the highest value across all 38 years on record.

That represents a change of up 9.7% on the previous year and up 88.0% over ten years.

Over the whole period, gdp in Georgia peaked at 33.78 billion current US$ in 2024 and was at its lowest, 2.51 billion current US$, in 1994.

Georgia ranks 108th of 211 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current US$) (UNESCO Institute) in Georgia, year by year

Annual values for GDP (current US$) in Georgia, 1987 to 2024.
Year current US$ Change
1987 7.32 billion current US$ —
1988 8.83 billion current US$ +20.6%
1989 8.90 billion current US$ +0.8%
1990 7.74 billion current US$ -13.1%
1991 6.32 billion current US$ -18.2%
1992 3.69 billion current US$ -41.7%
1993 2.70 billion current US$ -26.8%
1994 2.51 billion current US$ -6.9%
1995 2.69 billion current US$ +7.2%
1996 3.09 billion current US$ +14.9%
1997 3.51 billion current US$ +13.4%
1998 3.61 billion current US$ +2.9%
1999 2.80 billion current US$ -22.5%
2000 3.06 billion current US$ +9.2%
2001 3.22 billion current US$ +5.3%
2002 3.40 billion current US$ +5.5%
2003 3.99 billion current US$ +17.5%
2004 5.13 billion current US$ +28.4%
2005 6.41 billion current US$ +25.1%
2006 7.75 billion current US$ +20.8%
2007 10.17 billion current US$ +31.3%
2008 12.80 billion current US$ +25.8%
2009 10.77 billion current US$ -15.9%
2010 12.43 billion current US$ +15.4%
2011 15.48 billion current US$ +24.5%
2012 16.89 billion current US$ +9.2%
2013 17.52 billion current US$ +3.7%
2014 17.97 billion current US$ +2.6%
2015 15.22 billion current US$ -15.3%
2016 15.44 billion current US$ +1.4%
2017 16.47 billion current US$ +6.7%
2018 17.90 billion current US$ +8.7%
2019 17.64 billion current US$ -1.5%
2020 16.01 billion current US$ -9.2%
2021 18.85 billion current US$ +17.8%
2022 24.98 billion current US$ +32.5%
2023 30.78 billion current US$ +23.2%
2024 33.78 billion current US$ +9.7%

Georgia compared with similar countries

  • Georgia's 33.78 billion current US$ is below the median for upper middle income countries, which is 45.55 billion current US$, 74% of the median. (58 countries reporting)
  • Georgia's 33.78 billion current US$ is below the median for Europe & Central Asia, which is 93.20 billion current US$, 36% of the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 8.35 billion current US$ 7.32 billion current US$ 8.90 billion current US$ 3
1990s 3.87 billion current US$ 2.51 billion current US$ 7.74 billion current US$ 10
2000s 6.67 billion current US$ 3.06 billion current US$ 12.80 billion current US$ 10
2010s 16.30 billion current US$ 12.43 billion current US$ 17.97 billion current US$ 10
2020s 24.88 billion current US$ 16.01 billion current US$ 33.78 billion current US$ 5

Countries ranked near Georgia

  1. 105 Honduras 37.09 billion current US$ compare
  2. 106 Cyprus 36.33 billion current US$ compare
  3. 107 El Salvador 35.37 billion current US$ compare
  4. 109 Iceland 33.46 billion current US$ compare
  5. 110 Papua New Guinea 32.54 billion current US$ compare
  6. 111 Senegal 32.27 billion current US$ compare

See the full ranking of 211 places →

More population data for Georgia

All data for Georgia →

Frequently asked questions

What is gdp in Georgia?
Gdp in Georgia was 33.78 billion current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Georgia?
The highest recorded value was 33.78 billion current US$ in 2024.
What is the lowest gdp recorded in Georgia?
The lowest recorded value was 2.51 billion current US$ in 1994.
How does Georgia rank for gdp?
Georgia ranks 108th out of 211 countries with data for 2024.
Is gdp rising or falling in Georgia?
Over the last ten years it is up 88.0%. The long-run trend across the full record is volatile.
Where does this Georgia data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current US$). Statizoid updates them automatically from the source API.

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GDP in Georgia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-current-us-2/georgia/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release