GDP growth (annual %) (UNESCO Institute) in Georgia
Georgia: GDP growth (annual %) (UNESCO Institute) was 9.4% in 2024. ◆ Volatile
GDP growth in Georgia, 1970–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
Georgia recorded 9.4% for gdp growth in 2024.
That represents a change of up 20.4% on the previous year and up 130.5% over ten years.
Over the whole period, gdp growth in Georgia peaked at 12.6% in 2007 and was at its lowest, -44.9%, in 1992.
Georgia ranks 3rd of 212 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Georgia, year by year
| Year | annual % | Change |
|---|---|---|
| 1970 | 12.1% | — |
| 1971 | 2.5% | -79.5% |
| 1972 | 2.8% | +14.8% |
| 1973 | 6.5% | +128.5% |
| 1974 | 8.8% | +35.9% |
| 1975 | 7.4% | -16.2% |
| 1976 | 6.1% | -17.4% |
| 1977 | 6.9% | +13.0% |
| 1978 | 7.4% | +7.8% |
| 1979 | 7.4% | -0.8% |
| 1980 | 4.6% | -37.9% |
| 1981 | 5.3% | +15.1% |
| 1982 | 2.0% | -62.0% |
| 1983 | 4.3% | +114.8% |
| 1984 | 5.4% | +26.2% |
| 1985 | 4.9% | -9.0% |
| 1986 | -8.2% | -265.5% |
| 1987 | 1.3% | -115.7% |
| 1988 | 5.6% | +333.5% |
| 1989 | -7.2% | -229.5% |
| 1990 | -14.8% | +105.6% |
| 1991 | -21.1% | +42.7% |
| 1992 | -44.9% | +112.8% |
| 1993 | -29.3% | -34.7% |
| 1994 | -10.4% | -64.5% |
| 1995 | 2.6% | -125.0% |
| 1996 | 11.2% | +331.4% |
| 1997 | 10.5% | -6.1% |
| 1998 | 3.1% | -70.5% |
| 1999 | 2.9% | -7.6% |
| 2000 | 1.8% | -35.8% |
| 2001 | 4.8% | +161.2% |
| 2002 | 5.5% | +13.9% |
| 2003 | 11.1% | +102.0% |
| 2004 | 5.8% | -47.6% |
| 2005 | 9.6% | +65.6% |
| 2006 | 9.4% | -1.8% |
| 2007 | 12.6% | +33.5% |
| 2008 | 2.4% | -80.7% |
| 2009 | -3.7% | -250.8% |
| 2010 | 6.2% | -271.1% |
| 2011 | 7.9% | +27.0% |
| 2012 | 6.6% | -17.1% |
| 2013 | 5.1% | -22.0% |
| 2014 | 4.1% | -20.3% |
| 2015 | 3.4% | -18.1% |
| 2016 | 3.5% | +3.0% |
| 2017 | 5.2% | +49.6% |
| 2018 | 6.1% | +17.5% |
| 2019 | 5.4% | -11.2% |
| 2020 | -6.3% | -216.9% |
| 2021 | 10.6% | -269.2% |
| 2022 | 11.0% | +3.0% |
| 2023 | 7.8% | -28.5% |
| 2024 | 9.4% | +20.4% |
Georgia compared with similar countries
- Georgia's 9.4% is above the median for upper middle income countries, which is 3.3%, 2.8× the median. (58 countries reporting)
- Georgia's 9.4% is above the median for Europe & Central Asia, which is 2.3%, 4.2× the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) 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 |
|---|---|---|---|
| 1988 | +333.5% | 1.3% | 5.6% |
| 1996 | +331.4% | 2.6% | 11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.8% | 2.5% | 12.1% | 10 |
| 1980s | 1.8% | -8.2% | 5.6% | 10 |
| 1990s | -9.0% | -44.9% | 11.2% | 10 |
| 2000s | 5.9% | -3.7% | 12.6% | 10 |
| 2010s | 5.3% | 3.4% | 7.9% | 10 |
| 2020s | 6.5% | -6.3% | 11.0% | 5 |
Countries ranked near Georgia
- 1 Guyana 43.4% compare
- 2 Northern Mariana Islands 16.6% compare
- 4 Samoa 9.4% compare
- 5 Kyrgyzstan 9.0% compare
- 6 Rwanda 8.9% 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 growth in Georgia?
- Gdp growth in Georgia was 9.4% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Georgia?
- The highest recorded value was 12.6% in 2007.
- What is the lowest gdp growth recorded in Georgia?
- The lowest recorded value was -44.9% in 1992.
- How does Georgia rank for gdp growth?
- Georgia ranks 3rd out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Georgia?
- Over the last ten years it is up 130.5%. 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 growth (annual %). 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