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.