Georgia - GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Georgia was 51,992,670,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 55,762,450,000 in 2019 and 14,726,060,000 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 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 53,472,490,000
1991 42,189,800,000
1992 23,246,580,000
1993 16,435,330,000
1994 14,726,060,000
1995 15,108,930,000
1996 16,801,130,000
1997 18,568,450,000
1998 19,144,980,000
1999 19,694,310,000
2000 20,056,350,000
2001 21,020,150,000
2002 22,170,760,000
2003 24,622,560,000
2004 26,049,320,000
2005 28,547,340,000
2006 31,236,430,000
2007 35,165,640,000
2008 36,016,150,000
2009 34,701,380,000
2010 36,870,030,000
2011 39,598,420,000
2012 42,120,440,000
2013 43,645,760,000
2014 45,580,100,000
2015 46,957,630,000
2016 48,322,420,000
2017 50,662,480,000
2018 53,116,030,000
2019 55,762,450,000
2020 51,992,670,000

Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity