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Georgia Annual Inflation Rate

Georgia's annual inflation rate fell to 1.11% in 2024, down from 2.49% in 2023, according to World Bank. This represents a decrease of 1.38% from the previous year. Georgia has annual inflation rate lower than the global median (1.11% vs median 3.16%). Compared with the median in Asia, Georgia is lower (1.11% vs regional median 2.56%) and ranks 36th out of 44 countries in Asia.

Yearly Historical Data (1995-2024)

(in %)
Year Annual Inflation Rate (%)
2024 1.11%
2023 2.49%
2022 11.9%
2021 9.57%
2020 5.2%
2019 4.85%
2018 2.62%
2017 6.04%
2016 2.13%
2015 4%
2014 3.07%
2013 -0.51%
2012 -0.94%
2011 8.54%
2010 7.11%
2009 1.73%
2008 10%
2007 9.24%
2006 9.16%
2005 8.25%
2004 5.66%
2003 0.84%
2002 5.59%
2001 4.65%
2000 4.06%
1999 19.19%
1998 3.57%
1997 7.09%
1996 39.36%
1995 162.72%
Georgia Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Georgia.