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Georgia GDP

Georgia's GDP rose to $33.78 billion in 2024, up from $30.78 billion in 2023, according to World Bank. This represents an increase of 9.7% ($3 billion) from the previous year and accounts for 0.03% of the world's total GDP. Georgia has GDP lower than the global median ($33.78 billion vs median $35.85 billion). Compared with the median in Asia, Georgia is lower ($33.78 billion vs regional median $98.96 billion) and ranks 33rd out of 47 countries in Asia.

Georgia's GDP per capita rose to $6,840.01 in 2024, up from $6,180.62 in 2023.

Yearly Historical Data (1987-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 33.78
2023 30.78
2022 24.98
2021 18.85
2020 16.01
2019 17.64
2018 17.9
2017 16.47
2016 15.44
2015 15.22
2014 17.97
2013 17.52
2012 16.89
2011 15.48
2010 12.43
2009 10.77
2008 12.8
2007 10.17
2006 7.75
2005 6.41
2004 5.13
2003 3.99
2002 3.4
2001 3.22
2000 3.06
1999 2.8
1998 3.61
1997 3.51
1996 3.09
1995 2.69
1994 2.51
1993 2.7
1992 3.69
1991 6.32
1990 7.74
1989 8.9
1988 8.83
1987 7.32
Georgia GDP : Definition
GDP measures the total value of all goods and services produced in Georgia, measured in current US dollars. It is also called Nominal GDP.