Georgia - GDP

GDP (current US$)

The latest value for GDP (current US$) in Georgia was $11,667,380,000 as of 2010. Over the past 20 years, the value for this indicator has fluctuated between $12,795,040,000 in 2008 and $2,513,871,000 in 1994.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 $7,737,995,000
1991 $6,337,315,000
1992 $3,691,111,000
1993 $2,701,181,000
1994 $2,513,871,000
1995 $2,693,732,000
1996 $3,094,916,000
1997 $3,510,541,000
1998 $3,613,500,000
1999 $2,800,024,000
2000 $3,057,454,000
2001 $3,219,488,000
2002 $3,395,779,000
2003 $3,991,375,000
2004 $5,125,764,000
2005 $6,411,142,000
2006 $7,745,402,000
2007 $10,172,870,000
2008 $12,795,040,000
2009 $10,766,840,000
2010 $11,667,380,000

GDP (current LCU)

The value for GDP (current LCU) in Georgia was 20,791,270,000 as of 2010. As the graph below shows, over the past 45 years this indicator reached a maximum value of 20,791,270,000 in 2010 and a minimum value of 3,940 in 1965.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1965 3,940
1966 4,160
1967 4,480
1968 4,710
1969 5,090
1970 5,700
1971 6,020
1972 6,110
1973 6,530
1974 7,170
1975 7,750
1976 8,260
1977 8,950
1978 9,670
1979 10,670
1980 11,270
1981 12,300
1982 12,980
1983 13,160
1984 14,050
1985 14,080
1986 13,720
1987 14,220
1988 14,670
1989 14,350
1990 14,970
1991 19,150
1992 149,220
1993 16,396,900
1994 902,300,000
1995 2,432,204,000
1996 3,868,475,000
1997 4,554,927,000
1998 5,022,103,000
1999 5,668,696,000
2000 6,043,057,000
2001 6,673,998,000
2002 7,456,026,000
2003 8,564,093,000
2004 9,824,296,000
2005 11,620,940,000
2006 13,789,910,000
2007 16,993,780,000
2008 19,074,850,000
2009 17,986,000,000
2010 20,791,270,000

GDP (constant 2000 US$)

The latest value for GDP (constant 2000 US$) in Georgia was 5,604,011,000 as of 2010. Over the past 45 years, the value for this indicator has fluctuated between 10,500,140,000 in 1985 and 2,244,886,000 in 1994.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1965 3,371,857,000
1966 3,625,948,000
1967 3,852,569,000
1968 4,024,253,000
1969 4,216,538,000
1970 4,724,720,000
1971 4,841,464,000
1972 4,978,811,000
1973 5,301,575,000
1974 5,768,553,000
1975 6,194,327,000
1976 6,572,030,000
1977 7,025,273,000
1978 7,547,190,000
1979 8,103,444,000
1980 8,474,279,000
1981 8,920,656,000
1982 9,099,206,000
1983 9,490,643,000
1984 10,005,690,000
1985 10,500,140,000
1986 9,641,725,000
1987 9,765,336,000
1988 10,307,850,000
1989 9,566,183,000
1990 8,151,515,000
1991 6,431,545,000
1992 3,543,781,000
1993 2,505,453,000
1994 2,244,886,000
1995 2,303,253,000
1996 2,561,218,000
1997 2,830,633,000
1998 2,918,522,000
1999 3,002,262,000
2000 3,057,454,000
2001 3,204,378,000
2002 3,379,780,000
2003 3,753,520,000
2004 3,973,376,000
2005 4,354,806,000
2006 4,763,429,000
2007 5,351,427,000
2008 5,475,261,000
2009 5,268,528,000
2010 5,604,011,000

GDP (constant LCU)

The value for GDP (constant LCU) in Georgia was 8,464,325,000 as of 2010. As the graph below shows, over the past 45 years this indicator reached a maximum value of 15,859,460,000 in 1985 and a minimum value of 3,390,687,000 in 1994.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1965 5,092,869,000
1966 5,476,648,000
1967 5,818,939,000
1968 6,078,250,000
1969 6,368,678,000
1970 7,136,239,000
1971 7,312,571,000
1972 7,520,019,000
1973 8,007,524,000
1974 8,712,850,000
1975 9,355,941,000
1976 9,926,426,000
1977 10,611,010,000
1978 11,399,310,000
1979 12,239,480,000
1980 12,799,590,000
1981 13,473,800,000
1982 13,743,480,000
1983 14,334,710,000
1984 15,112,650,000
1985 15,859,460,000
1986 14,562,910,000
1987 14,749,610,000
1988 15,569,030,000
1989 14,448,810,000
1990 12,312,090,000
1991 9,714,236,000
1992 5,352,544,000
1993 3,784,249,000
1994 3,390,687,000
1995 3,478,845,000
1996 3,868,475,000
1997 4,275,402,000
1998 4,408,149,000
1999 4,534,630,000
2000 4,617,992,000
2001 4,839,907,000
2002 5,104,836,000
2003 5,669,334,000
2004 6,001,406,000
2005 6,577,519,000
2006 7,194,706,000
2007 8,082,821,000
2008 8,269,861,000
2009 7,957,609,000
2010 8,464,325,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Georgia was 22,590,220,000 as of 2010. Over the past 30 years, the value for this indicator has fluctuated between 24,994,790,000 in 1988 and 6,453,993,000 in 1994.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1980 14,630,340,000
1981 16,844,410,000
1982 18,228,390,000
1983 19,764,620,000
1984 21,619,810,000
1985 23,381,080,000
1986 21,949,650,000
1987 22,882,420,000
1988 24,994,790,000
1989 24,069,570,000
1990 21,287,970,000
1991 17,366,990,000
1992 9,770,775,000
1993 7,059,386,000
1994 6,453,993,000
1995 6,775,850,000
1996 7,668,165,000
1997 8,638,157,000
1998 9,023,797,000
1999 9,418,758,000
2000 9,799,436,000
2001 10,503,190,000
2002 11,258,090,000
2003 12,772,500,000
2004 13,903,770,000
2005 15,746,760,000
2006 17,784,550,000
2007 20,567,490,000
2008 21,501,790,000
2009 21,067,170,000
2010 22,590,220,000

GDP, PPP (constant 2005 international $)

The latest value for GDP, PPP (constant 2005 international $) in Georgia was 20,263,820,000 as of 2010. Over the past 30 years, the value for this indicator has fluctuated between 37,967,980,000 in 1985 and 8,117,397,000 in 1994.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2005 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1980 30,642,570,000
1981 32,256,640,000
1982 32,902,270,000
1983 34,317,690,000
1984 36,180,090,000
1985 37,967,980,000
1986 34,863,990,000
1987 35,310,960,000
1988 37,272,690,000
1989 34,590,840,000
1990 29,475,470,000
1991 23,256,150,000
1992 12,814,140,000
1993 9,059,594,000
1994 8,117,397,000
1995 8,328,449,000
1996 9,261,235,000
1997 10,235,430,000
1998 10,553,230,000
1999 10,856,030,000
2000 11,055,600,000
2001 11,586,870,000
2002 12,221,120,000
2003 13,572,540,000
2004 14,367,530,000
2005 15,746,760,000
2006 17,224,320,000
2007 19,350,490,000
2008 19,798,270,000
2009 19,050,730,000
2010 20,263,820,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts