The Gross Domestic Product (GDP) in Georgia was worth 20 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Georgia represents 0.02 percent of the world economy.

GDP in Georgia averaged 8.65 USD Billion from 1990 until 2019, reaching an all time high of 20 USD Billion in 2019 and a record low of 2.51 USD Billion in 1994. This page provides the latest reported value for - Georgia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Georgia GDP - values, historical data and charts - was last updated on May of 2020. source: World Bank

GDP in Georgia is expected to reach 17.80 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia GDP is projected to trend around 18.70 USD Billion in 2021 and 19.60 USD Billion in 2022, according to our econometric models.

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Georgia GDP

Actual Previous Highest Lowest Dates Unit Frequency
20.00 16.21 20.00 2.51 1990 - 2019 USD Billion Yearly
Current USD

Georgia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 5.10 5.80 13.90 -8.70 percent [+]
GDP 20.00 16.21 20.00 2.51 USD Billion [+]
GDP Constant Prices 10957.70 10402.50 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 3433.80 3215.30 3520.30 151.50 GEL Million [+]
GDP per capita 4469.20 4271.30 4662.90 961.20 USD [+]
GDP per capita PPP 10151.70 9702.20 10151.70 2183.40 USD [+]
Gross National Product 10589.00 9458.20 11077.90 1814.90 GEL Million [+]
GDP From Agriculture 882.00 728.10 882.00 316.90 GEL Million [+]
GDP From Construction 737.80 724.50 790.10 48.60 GEL Million [+]
GDP From Manufacturing 737.80 724.50 790.10 160.10 GEL Million [+]
GDP From Mining 106.80 89.30 109.20 17.30 GEL Million [+]
GDP From Public Administration 654.80 657.20 761.80 212.20 GEL Million [+]
GDP From Services 448.10 363.00 545.50 78.20 GEL Million [+]
GDP From Transport 481.60 601.30 601.30 191.40 GEL Million [+]
GDP From Utilities 84.10 69.10 172.40 31.20 GEL Million [+]


Georgia GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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