Georgia - Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Georgia was 14,797,060,000 as of 2020. Over the past 17 years, the value for this indicator has fluctuated between 15,840,900,000 in 2019 and 6,481,007,000 in 2003.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2003 6,481,007,000
2004 6,841,714,000
2005 7,549,190,000
2006 8,276,569,000
2007 9,251,306,000
2008 9,505,174,000
2009 9,116,320,000
2010 10,459,680,000
2011 11,189,430,000
2012 11,881,890,000
2013 12,359,400,000
2014 12,881,810,000
2015 13,306,830,000
2016 13,722,120,000
2017 14,372,150,000
2018 15,070,260,000
2019 15,840,900,000
2020 14,797,060,000

Aggregation method: Gap-filled total

Base Period: 2010

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts