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. Georgia GDP - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

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. 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. 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
16.21 15.08 16.51 2.51 1990 - 2018 USD Billion Yearly
Current USD

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.