Georgia 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$30.78 billion
↑ 23.19% vs 2022GDP per Capita
$8,283.67
↑ 23.09% vs 2022GDP Growth (Annual %)
7.83%
↓ 3.13pp vs 2022Inflation Rate (CPI %)
2.49%
↓ 9.41pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $24.98 billion | $30.78 billion | +23.19% |
| GDP per Capita | $6,729.85 | $8,283.67 | +23.09% |
| GDP Growth (Annual %) | 10.96% | 7.83% | -3.13pp |
| Inflation (CPI %) | 11.90% | 2.49% | -9.41pp |
| Unemployment Rate (%) | 11.65% | 11.54% | -0.11pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $30.78 billion
- GDP per Capita
- $8,283.67
- GDP Growth (Annual %)
- 7.83%
- Gross National Income
- $28.39 billion
Prices & Employment
- Inflation (CPI %)
- 2.49%
- Inflation (GDP Deflator %)
- 2.95%
- Unemployment Rate (%)
- 11.54%
- Interest Rate (Real %)
- 10.26%
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)
- -5.55%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Georgia's Gross Domestic Product (GDP) is $30.78 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Georgia for 2023 is $8,283.67. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Georgia for 2023 is 2.49%. This measures the annual percentage change in the cost of consumer goods and services.
Georgia's annual GDP growth rate for 2023 is 7.83%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Georgia for 2023 is 11.54%. This represents the percentage of the labor force that is unemployed and actively seeking employment.