The Gross Domestic Product (GDP) in Georgia was worth 16.21 billion US dollars in 2018. The GDP value of Georgia represents 0.03 percent of the world economy. GDP in Georgia averaged 8.26 USD Billion from 1990 until 2018, reaching an all time high of 16.51 USD Billion in 2014 and a record low of 2.51 USD Billion in 1994.

GDP in Georgia is expected to be 20.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia GDP is projected to trend around 21.00 USD Billion in 2020, according to our econometric models.

Georgia GDP
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Georgia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.50 4.90 13.90 -8.70 percent [+]
GDP 16.21 15.08 16.51 2.51 USD Billion [+]
GDP Constant Prices 6619.60 8510.40 28432.80 2765.50 GEL Million [+]
Gross Fixed Capital Formation 2382.30 3292.40 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 9458.20 11077.90 11077.90 1814.90 GEL Million [+]
GDP From Agriculture 335.40 496.20 549.30 316.90 GEL Million [+]
GDP From Construction 324.40 535.20 594.80 48.60 GEL Million [+]
GDP From Manufacturing 620.00 752.80 752.80 160.10 GEL Million [+]
GDP From Mining 64.20 76.80 80.50 17.30 GEL Million [+]
GDP From Public Administration 529.50 848.30 848.30 212.20 GEL Million [+]
GDP From Services 363.00 545.50 545.50 78.20 GEL Million [+]
GDP From Transport 503.70 573.10 573.10 191.40 GEL Million [+]
GDP From Utilities 191.70 190.00 207.30 64.30 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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
16.21 15.08 16.51 2.51 1990 - 2018 USD Billion Yearly
Current USD




Country Last Previous
United States 20494.10 Dec/18
Euro Area 13669.95 Dec/18
China 13608.15 Dec/18
Japan 4970.92 Dec/18
Germany 3996.76 Dec/18
United Kingdom 2825.21 Dec/18
France 2777.54 Dec/18
India 2726.32 Dec/18
Italy 2073.90 Dec/18
Brazil 1868.63 Dec/18
Canada 1709.30 Dec/18
Russia 1657.60 Dec/18
South Korea 1619.42 Dec/18
Australia 1432.20 Dec/18
Spain 1426.19 Dec/18
Mexico 1223.81 Dec/18
Indonesia 1042.17 Dec/18
Netherlands 912.87 Dec/18
Saudi Arabia 782.48 Dec/18
Turkey 766.51 Dec/18
Switzerland 705.50 Dec/18
Argentina 518.50 Dec/18
South Africa 366.30 Dec/18
Singapore 364.16 Dec/18


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