Georgia 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$16.01 billion
↓ 9.23% vs 2019GDP per Capita
$4,300.86
↓ 9.29% vs 2019GDP Growth (Annual %)
-6.29%
↓ 11.67pp vs 2019Inflation Rate (CPI %)
5.20%
↑ 0.35pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $17.64 billion | $16.01 billion | -9.23% |
| GDP per Capita | $4,741.28 | $4,300.86 | -9.29% |
| GDP Growth (Annual %) | 5.38% | -6.29% | -11.67pp |
| Inflation (CPI %) | 4.85% | 5.20% | +0.35pp |
| Unemployment Rate (%) | 11.57% | 11.73% | +0.17pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $16.01 billion
- GDP per Capita
- $4,300.86
- GDP Growth (Annual %)
- -6.29%
- Gross National Income
- $15.25 billion
Prices & Employment
- Inflation (CPI %)
- 5.20%
- Inflation (GDP Deflator %)
- 6.85%
- Unemployment Rate (%)
- 11.73%
- Interest Rate (Real %)
- 4.64%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -12.43%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Georgia's Gross Domestic Product (GDP) is $16.01 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Georgia for 2020 is $4,300.86. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Georgia for 2020 is 5.20%. This measures the annual percentage change in the cost of consumer goods and services.
Georgia's annual GDP growth rate for 2020 is -6.29%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Georgia for 2020 is 11.73%. This represents the percentage of the labor force that is unemployed and actively seeking employment.