Price level ratio of PPP conversion factor (GDP) to market exchange in Georgia

Georgia: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.3235 in 2024. ▲ Rising

Latest (2024)
0.3235
Change on year
down 2.1%
World rank
160th
of 202 countries
All-time high
0.481
in 2011
All-time low
0.2296
in 1999
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Georgia, 1990–2024

00.10.20.30.40.51990200720241990: 0.281991: 0.2811992: 0.2911993: 0.2941994: 0.2991995: 0.3061996: 0.311997: 0.3131998: 0.3091999: 0.232000: 0.2412001: 0.2372002: 0.2332003: 0.2422004: 0.2862005: 0.3162006: 0.3392007: 0.3852008: 0.4642009: 0.4022010: 0.4262011: 0.4812012: 0.452013: 0.4362014: 0.412015: 0.3332016: 0.3172017: 0.3222018: 0.322019: 0.2832020: 0.2562021: 0.2692022: 0.32023: 0.332024: 0.324

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for price level ratio of ppp conversion factor (gdp) to market exchange in Georgia is 0.3235, measured in 2024.

Compared with earlier readings it is down 2.1% on the previous year and down 21.2% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Georgia peaked at 0.481 in 2011 and was at its lowest, 0.2296, in 1999.

Georgia ranks 160th of 202 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Georgia, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Georgia, 1990 to 2024.
Year Value Change
1990 0.2802
1991 0.2808 +0.2%
1992 0.2907 +3.5%
1993 0.294 +1.1%
1994 0.299 +1.7%
1995 0.3059 +2.3%
1996 0.3104 +1.5%
1997 0.3131 +0.9%
1998 0.3091 -1.3%
1999 0.2296 -25.7%
2000 0.2407 +4.8%
2001 0.2366 -1.7%
2002 0.2329 -1.5%
2003 0.2418 +3.8%
2004 0.2858 +18.2%
2005 0.3162 +10.7%
2006 0.3387 +7.1%
2007 0.3848 +13.6%
2008 0.4636 +20.5%
2009 0.4024 -13.2%
2010 0.4255 +5.8%
2011 0.481 +13.0%
2012 0.4504 -6.4%
2013 0.4364 -3.1%
2014 0.4104 -6.0%
2015 0.3331 -18.8%
2016 0.3171 -4.8%
2017 0.3221 +1.6%
2018 0.3198 -0.7%
2019 0.2827 -11.6%
2020 0.2561 -9.4%
2021 0.2687 +4.9%
2022 0.2996 +11.5%
2023 0.3304 +10.3%
2024 0.3235 -2.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2913 0.2296 0.3131 10
2000s 0.3143 0.2329 0.4636 10
2010s 0.3779 0.2827 0.481 10
2020s 0.2957 0.2561 0.3304 5

Countries ranked near Georgia

  1. 157 Uganda 0.3275 compare
  2. 158 Nicaragua 0.327 compare
  3. 159 Lesotho 0.3241 compare
  4. 161 Togo 0.3221 compare
  5. 162 Algeria 0.3208 compare
  6. 163 Guinea-Bissau 0.3155 compare

See the full ranking of 202 places →

More population data for Georgia

All data for Georgia →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Georgia?
Price level ratio of ppp conversion factor (gdp) to market exchange in Georgia was 0.3235 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Georgia?
The highest recorded value was 0.481 in 2011.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Georgia?
The lowest recorded value was 0.2296 in 1999.
How does Georgia rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Georgia ranks 160th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Georgia?
Over the last ten years it is down 21.2%. 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 Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Georgia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 02 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/georgia/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release