Georgia 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$32.72 billion
↑ 6.31% vs 2023GDP per Capita
$8,806.66
↑ 6.31% vs 2023GDP Growth (Annual %)
6.31%
↓ 1.52pp vs 2023Inflation Rate (CPI %)
1.11%
↓ 1.38pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $30.78 billion | $32.72 billion | +6.31% |
| GDP per Capita | $8,283.67 | $8,806.66 | +6.31% |
| GDP Growth (Annual %) | 7.83% | 6.31% | -1.52pp |
| Inflation (CPI %) | 2.49% | 1.11% | -1.38pp |
| Unemployment Rate (%) | 11.54% | 11.48% | -0.06pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $32.72 billion
- GDP per Capita
- $8,806.66
- GDP Growth (Annual %)
- 6.31%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 1.11%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 11.48%
- Interest Rate (Real %)
- N/A
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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Georgia's Gross Domestic Product (GDP) is $32.72 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Georgia for 2024 is $8,806.66. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Georgia for 2024 is 1.11%. This measures the annual percentage change in the cost of consumer goods and services.
Georgia's annual GDP growth rate for 2024 is 6.31%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Georgia for 2024 is 11.48%. This represents the percentage of the labor force that is unemployed and actively seeking employment.