Europe & Central Asia · Upper middle income

Georgia: the economy in numbers

Per person: $9,692, or $29,414 at purchasing power parity. Population: 3.94 million (2025).

$38.1B+7.5%real GDP growth, 2025

GDP in 2025, current US dollars: #107 of 204 economies. IMF forecast for 2026: +7.2%.

GDP per capita

$9,692

2025 · #100 of 204

GDP per capita, PPP

$29,414

2025 · #79 of 197

Inflation

3.9%

2025 · IMF forecast 2026: 5.4%

Government debt

34.3%

2025 · % of GDP, general government

Population

3.94M

2025 · #129 of 217

Unemployment

12.1%

2025 · ILO estimate

Life expectancy

74.7 years

2024

GDP

Adjusted for US inflation, in 2025 dollars: $20.8 billion in 1987, $38.1 billion in 2025.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $4,377 per person in 1987, $9,692 in 2025.

GDP per capitaGDP per capita, PPP (international $)

PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2016–2025: 5.9% a year. Years of falling GDP since 1961: 9 of 65.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Inflation

Consumer prices rose 3.38 times from 2000 to 2025. Highest annual inflation: 162.7% in 1995. Years with inflation above 100%: 1. The chart cuts the scale at 100%; “Full scale” shows everything.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Government debt, % of GDP

Highest since 2000: 59.6% of GDP in 2020. IMF forecast for 2031: 31.5%.

General government (IMF)Central government only (World Bank)

Shaded: IMF forecasts from 2026Source: International Monetary Fund, World Economic Outlook (October 2026)
Source: World Bank, World Development Indicators (CC BY 4.0)

Population

1960: 3.65 million · 2025: 3.94 million.

Source: World Bank, World Development Indicators (CC BY 4.0)

Unemployment rate

1991: 2.7% · 2025: 12.1%.

% of the labor force, ILO modeled estimatesSource: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1960: 61.3 years · 2024: 74.7 years.

Source: World Bank, World Development Indicators (CC BY 4.0)

Exports of goods and services

1987: 41.5% · 2025: 47.4%.

% of GDPSource: World Bank, World Development Indicators (CC BY 4.0)

Data by year

Show the year-by-year table

Year	GDP	GDP per capita	Per capita, PPP	Real growth	Inflation	Gov. debt, % GDP	Population	Unemployment	Life expectancy	Exports, % GDP
2031				5.0%^f	3.0%^f	31.5%^f
2030				5.0%^f	3.0%^f	31.5%^f
2029				5.0%^f	3.0%^f	31.7%^f
2028				5.0%^f	3.0%^f	32.1%^f
2027				5.7%^f	3.6%^f	32.4%^f
2026				7.2%^f	5.4%^f	33.1%^f
2025	$38.1B	$9,692	$29,414	7.5%	3.9%	34.3%	3.94M	12.1%		47.4%
2024	$34.2B	$8,968	$27,487	9.7%	1.1%	35.5%	3.81M	11.6%	74.7	47.8%
2023	$30.8B	$8,284	$25,093	7.8%	2.5%	38.7%	3.72M	11.5%	74.5	49.3%
2022	$25B	$6,730	$22,458	11.0%	11.9%	39.2%	3.71M	11.6%	74.1	52.5%
2021	$18.9B	$5,084	$18,916	10.6%	9.6%	49.1%	3.71M	11.8%	71.6	42.7%
2020	$16B	$4,301	$16,791	−6.3%	5.2%	59.6%	3.72M	11.7%	73.5	36.9%
2019	$17.6B	$4,741	$16,770	5.4%	4.9%	40.0%	3.72M	11.6%	74.2	54.3%
2018	$17.9B	$4,804	$15,022	6.1%	2.6%	38.2%	3.73M	12.7%	74.0	49.7%
2017	$16.5B	$4,419	$13,719	5.2%	6.0%	38.9%	3.73M	13.9%	73.4	45.9%
2016	$15.4B	$4,143	$13,065	3.5%	2.1%	39.5%	3.73M	16.6%	73.1	40.0%
2015	$15.2B	$4,087	$12,270	3.4%	4.0%	36.0%	3.73M	16.5%	73.2	40.1%
2014	$18B	$4,830	$11,771	4.1%	3.1%	30.3%	3.72M	17.4%	73.1	39.2%
2013	$17.5B	$4,712	$10,797	5.1%	−0.5%	28.9%	3.72M	19.4%	73.0	40.9%
2012	$16.9B	$4,531	$10,060	6.6%	−0.9%	28.1%	3.73M	19.7%	72.7	35.6%
2011	$15.5B	$4,120	$8,564	7.9%	8.5%	27.7%	3.76M	19.6%	72.5	33.9%
2010	$12.4B	$3,282	$7,712	6.2%	7.1%	31.4%	3.79M	20.2%	71.7	32.5%
2009	$10.8B	$2,823	$7,119	−3.7%	1.7%	33.6%	3.81M	20.7%	71.1	29.5%
2008	$12.8B	$3,325	$7,279	2.4%	10.0%	26.3%	3.85M	17.9%	70.9	28.3%
2007	$10.2B	$2,635	$6,951	12.6%	9.2%	22.5%	3.86M	13.3%	71.0	30.8%
2006	$7.75B	$1,996	$5,980	9.4%	9.2%	28.3%	3.88M	13.6%	71.0	32.5%
2005	$6.41B	$1,643	$5,272	9.6%	8.2%	35.3%	3.9M	13.8%	70.7	33.3%
2004	$5.13B	$1,305	$4,635	5.8%	5.7%	44.3%	3.93M	12.6%	71.0	31.1%
2003	$3.99B	$1,010	$4,240	11.1%	0.8%	54.6%	3.95M	11.5%	71.4	31.5%
2002	$3.4B	$854	$3,719	5.5%	5.6%	50.3%	3.98M	12.6%	70.4	29.2%
2001	$3.22B	$802	$3,441	4.8%	4.6%	53.0%	4.01M	11.2%	70.4	24.5%
2000	$3.06B	$750	$3,161	1.8%	4.1%	58.5%	4.08M	10.8%	70.1	23.0%
1999	$2.8B	$674	$2,977	2.9%	19.2%		4.16M	13.8%	70.0	19.1%
1998	$3.61B	$852	$2,795	3.1%	3.6%		4.24M	14.5%	69.8	16.5%
1997	$3.51B	$807	$2,616	10.5%	7.1%		4.35M	11.5%	69.7	15.6%
1996	$3.09B	$689	$2,253	11.2%	39.4%		4.49M	11.5%	70.6	13.3%
1995	$2.69B	$578	$1,919	2.6%	162.7%		4.66M	7.6%	69.4	25.5%
1994	$2.51B	$520	$1,764	−10.4%			4.84M	8.4%	68.7	57.8%
1993	$2.7B	$550	$1,898	−29.3%			4.91M	5.4%	67.4	46.9%
1992	$3.69B	$757	$2,643	−44.9%			4.87M	5.4%	67.8	35.7%
1991	$6.32B	$1,308	$4,727	−21.1%			4.84M	2.7%	68.2	27.7%
1990	$7.74B	$1,611	$5,836	−14.8%			4.8M		68.7	40.1%
1989	$8.9B	$1,853		−7.2%			4.8M		68.6	42.5%
1988	$8.83B	$1,844		5.6%			4.79M		68.8	42.3%
1987	$7.32B	$1,544		1.3%			4.74M		69.2	41.5%
1986				−8.2%			4.7M		69.2
1985				4.9%			4.66M		69.0
1984				5.4%			4.62M		68.8
1983				4.3%			4.58M		69.1
1982				2.0%			4.54M		69.1
1981				5.3%			4.5M		68.7
1980				4.6%			4.47M		68.3
1979				7.4%			4.43M		67.9
1978				7.4%			4.4M		67.6
1977				6.9%			4.37M		67.2
1976				6.1%			4.34M		66.9
1975				7.4%			4.31M		66.5
1974				8.8%			4.28M		66.2
1973				6.5%			4.24M		65.9
1972				2.8%			4.21M		65.5
1971				2.5%			4.16M		65.2
1970				12.1%			4.12M		64.9
1969				4.8%			4.08M		64.5
1968				4.5%			4.04M		64.1
1967				6.3%			4.01M		63.8
1966				7.5%			3.97M		63.4
1965				10.6%			3.92M		63.1
1964				5.4%			3.87M		62.8
1963				4.2%			3.82M		62.5
1962				5.1%			3.76M		62.1
1961				4.9%			3.7M		61.7
1960							3.65M		61.3

e: IMF estimate; f: IMF forecast.

Nearby economies in Europe & Central Asia

Nearest by distance between capitals, with GDP per capita.

Armenia

$9,474 per person (2025)

Azerbaijan

$7,411 per person (2025)

Türkiye

$18,599 per person (2025)

Cyprus

$41,783 per person (2025)

Turkmenistan

$6,540 per person (2025)

Moldova

$8,622 per person (2025)

Ukraine

$5,866 per person (2025)

Romania

$22,538 per person (2025)

Albania · Andorra · Armenia · Austria · Azerbaijan · Belarus · Belgium · Bosnia and Herzegovina · Bulgaria · Channel Islands · Croatia · Cyprus · Czechia · Denmark · Estonia · Faroe Islands · Finland · France · Georgia · Germany · Gibraltar · Greece · Greenland · Hungary · Iceland · Ireland · Isle of Man · Italy · Kazakhstan · Kosovo · Kyrgyzstan · Latvia · Liechtenstein · Lithuania · Luxembourg · Moldova · Monaco · Montenegro · Netherlands · North Macedonia · Norway · Poland · Portugal · Romania · Russia · San Marino · Serbia · Slovakia · Slovenia · Spain · Sweden · Switzerland · Tajikistan · Turkmenistan · Türkiye · Ukraine · United Kingdom · Uzbekistan

Rankings

GDP by country · GDP per capita · Real GDP growth · Inflation by country · Government debt to GDP · Stock market to GDP · Population by country · Unemployment by country

Data and methods

GDP: gross domestic product in current US dollars, converted from the local currency at market exchange rates (World Bank); not adjusted for inflation.
Purchasing power parity (PPP): GDP per person in international dollars, which buy the same basket of goods and services in every country. It compares living standards across countries in the same year; it is not adjusted for inflation over time.
In 2025 dollars: the charts can remove US inflation (US consumer price index, annual average) so that dollar amounts from different years compare in today's money. Exchange rate swings still show.
Growth and inflation: World Bank data (calendar years). Years the World Bank does not cover yet, and the estimates and forecasts, come from the IMF World Economic Outlook (October 2026): its forecasts start in 2026, and the years after a country's last actual year are IMF estimates.
Government debt: gross debt of the general government (central, state and local government and social security funds) as a percentage of GDP, IMF. The World Bank's central government debt is narrower and covers fewer countries.
Stock market capitalization: the end-of-year value of domestic companies listed on the country's exchanges (World Federation of Exchanges via the World Bank; before 2016, Standard & Poor's), as a percentage of GDP: the “Buffett indicator”. Investment funds are excluded, and so are companies listed only abroad; companies from elsewhere that list on an exchange count for its country (Hong Kong lists many mainland Chinese companies).
Unemployment: ILO modeled estimates (share of the labor force); comparable across countries, but they may differ from national figures.

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)