GDP deflator (base year varies by country), annual growth rate in Georgia

Georgia: GDP deflator (base year varies by country), annual growth rate was 3.82 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.82 % change on previous year
Change on year
up 29.6%
World rank
107th
of 211 countries
All-time high
162.73 % change on previous year
in 1995
All-time low
-33.33 % change on previous year
in 1983
Years of data
51
1971–2024

GDP deflator (base year varies by country), annual growth rate in Georgia, 1971–2024

-50050100150197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp deflator (base year varies by country), annual growth rate in Georgia is 3.82 % change on previous year, measured in 2024.

Compared with earlier readings it is up 29.6% on the previous year and down 16.7% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Georgia peaked at 162.73 % change on previous year in 1995 and was at its lowest, -33.33 % change on previous year, in 1983.

That places Georgia 107th out of 211 countries with data for 2024, putting it in the middle of the range.

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

GDP deflator (base year varies by country), annual growth rate in Georgia, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Georgia, 1971 to 2024.
Year % change on previous year Change
1971 0 % change on previous year
1972 0 % change on previous year
1973 0 % change on previous year
1974 0 % change on previous year
1975 0 % change on previous year
1976 0 % change on previous year
1977 0 % change on previous year
1978 0 % change on previous year
1979 0 % change on previous year
1980 0 % change on previous year
1981 0 % change on previous year
1982 50 % change on previous year
1983 -33.33 % change on previous year -166.7%
1984 50 % change on previous year -250.0%
1985 -33.33 % change on previous year -166.7%
1986 50 % change on previous year -250.0%
1987 0 % change on previous year -100.0%
1988 0 % change on previous year
1989 0 % change on previous year
1990 0 % change on previous year
1991 66.67 % change on previous year
1995 162.73 % change on previous year +144.1%
1996 43.03 % change on previous year -73.6%
1997 6.53 % change on previous year -84.8%
1998 6.94 % change on previous year +6.2%
1999 9.73 % change on previous year +40.2%
2000 4.68 % change on previous year -51.9%
2001 5.37 % change on previous year +14.9%
2002 5.92 % change on previous year +10.1%
2003 3.43 % change on previous year -42.1%
2004 8.43 % change on previous year +146.2%
2005 7.94 % change on previous year -5.9%
2006 8.45 % change on previous year +6.5%
2007 9.47 % change on previous year +12.1%
2008 9.59 % change on previous year +1.3%
2009 -2.14 % change on previous year -122.3%
2010 15.91 % change on previous year -844.7%
2011 9.17 % change on previous year -42.3%
2012 0.2912 % change on previous year -96.8%
2013 -0.6509 % change on previous year -323.5%
2014 4.59 % change on previous year -805.1%
2015 5.38 % change on previous year +17.2%
2016 2.27 % change on previous year -57.7%
2017 7.55 % change on previous year +231.8%
2018 3.48 % change on previous year -53.8%
2019 4 % change on previous year +14.7%
2020 6.85 % change on previous year +71.4%
2021 10.23 % change on previous year +49.4%
2022 8.14 % change on previous year -20.5%
2023 2.95 % change on previous year -63.8%
2024 3.82 % change on previous year +29.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0 % change on previous year 0 % change on previous year 0 % change on previous year 9
1980s 8.33 % change on previous year -33.33 % change on previous year 50 % change on previous year 10
1990s 42.23 % change on previous year 0 % change on previous year 162.73 % change on previous year 7
2000s 6.11 % change on previous year -2.14 % change on previous year 9.59 % change on previous year 10
2010s 5.2 % change on previous year -0.6509 % change on previous year 15.91 % change on previous year 10
2020s 6.4 % change on previous year 2.95 % change on previous year 10.23 % change on previous year 5

Countries ranked near Georgia

  1. 104 South Africa 3.84 % change on previous year compare
  2. 105 Hong Kong 3.84 % change on previous year compare
  3. 106 Sri Lanka 3.84 % change on previous year compare
  4. 108 Brazil 3.8 % change on previous year compare
  5. 109 Rwanda 3.76 % change on previous year compare
  6. 110 Estonia 3.73 % change on previous year compare

See the full ranking of 211 places →

More population data for Georgia

All data for Georgia →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Georgia?
Gdp deflator (base year varies by country), annual growth rate in Georgia was 3.82 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Georgia?
The highest recorded value was 162.73 % change on previous year in 1995.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Georgia?
The lowest recorded value was -33.33 % change on previous year in 1983.
How does Georgia rank for gdp deflator (base year varies by country), annual growth rate?
Georgia ranks 107th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Georgia?
Over the last ten years it is down 16.7%. The long-run trend across the full record is volatile.
Where does this Georgia data come from?
The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Georgia. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/georgia/

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<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/georgia/">GDP deflator (base year varies by country), annual growth rate in Georgia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.