GDP Growth Rate
Year -
7.47%
In 2023, Georgia experienced a significant a decrease in its GDP growth rate, which fall to 7.47% from 10.96% in 2022. Additionally, the GDP per capita growth rate in Georgia decrease to 6.11% in 2023, compared to 10.84% in 2022.
In 2023, Georgia experienced a decrease in economic performance, with the GDP growth rate falling by 3.49%. Additionally, the GDP per capita growth rate decrease by 4.73%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | 7.54 | - | 6.31 | - |
| 1967 | 6.25% | -1.29% | 5.22% | -1.09% |
| 1968 | 4.46% | -1.79% | 3.51% | -1.71% |
| 1969 | 4.78% | 0.32% | 3.8% | 0.29% |
| 1970 | 12.05% | 7.27% | 10.98% | 7.18% |
| 1971 | 2.47% | -9.58% | 1.41% | -9.57% |
| 1972 | 2.84% | 0.37% | 1.8% | 0.39% |
| 1973 | 6.48% | 3.64% | 5.55% | 3.75% |
| 1974 | 8.81% | 2.33% | 7.87% | 2.32% |
| 1975 | 7.38% | -1.43% | 6.59% | -1.28% |
| 1976 | 6.1% | -1.28% | 5.34% | -1.25% |
| 1977 | 6.89% | 0.79% | 6.17% | 0.83% |
| 1978 | 7.43% | 0.54% | 6.8% | 0.63% |
| 1979 | 7.37% | -0.06% | 6.58% | -0.22% |
| 1980 | 4.58% | -2.79% | 3.7% | -2.88% |
| 1981 | 5.27% | 0.69% | 4.41% | 0.71% |
| 1982 | 2% | -3.27% | 1.14% | -3.27% |
| 1983 | 4.3% | 2.30% | 3.39% | 2.25% |
| 1984 | 5.43% | 1.13% | 4.53% | 1.14% |
| 1985 | 4.94% | -0.49% | 4.03% | -0.50% |
| 1986 | -8.18% | -13.12% | -8.99% | -13.02% |
| 1987 | 1.28% | 9.46% | 0.45% | 9.44% |
| 1988 | 5.56% | 4.28% | 4.52% | 4.07% |
| 1989 | -7.19% | -12.75% | -7.44% | -11.96% |
| 1990 | -14.79% | -7.60% | -14.77% | -7.33% |
| 1991 | -21.1% | -6.31% | -21.65% | -6.88% |
| 1992 | -44.9% | -23.80% | -45.32% | -23.67% |
| 1993 | -29.3% | 15.60% | -29.84% | 15.48% |
| 1994 | -10.4% | 18.90% | -9.01% | 20.83% |
| 1995 | 2.6% | 13.00% | 6.53% | 15.54% |
| 1996 | 11.2% | 8.60% | 15.31% | 8.78% |
| 1997 | 10.52% | -0.68% | 14.12% | -1.19% |
| 1998 | 3.1% | -7.42% | 5.68% | -8.44% |
| 1999 | 2.87% | -0.23% | 5.01% | -0.67% |
| 2000 | 1.84% | -1.03% | 3.84% | -1.17% |
| 2001 | 4.81% | 2.97% | 6.45% | 2.61% |
| 2002 | 5.47% | 0.66% | 6.42% | -0.03% |
| 2003 | 11.06% | 5.59% | 11.81% | 5.39% |
| 2004 | 5.79% | -5.27% | 6.45% | -5.36% |
| 2005 | 9.59% | 3.80% | 10.29% | 3.84% |
| 2006 | 9.42% | -0.17% | 10.05% | -0.24% |
| 2007 | 12.58% | 3.16% | 13.16% | 3.11% |
| 2008 | 2.42% | -10.16% | 2.73% | -10.43% |
| 2009 | -3.65% | -6.07% | -2.79% | -5.52% |
| 2010 | 6.25% | 9.90% | 7.02% | 9.81% |
| 2011 | 7.93% | 1.68% | 8.8% | 1.78% |
| 2012 | 6.58% | -1.35% | 7.37% | -1.43% |
| 2013 | 5.13% | -1.45% | 5.45% | -1.92% |
| 2014 | 4.09% | -1.04% | 4.04% | -1.41% |
| 2015 | 3.35% | -0.74% | 3.19% | -0.85% |
| 2016 | 3.45% | 0.10% | 3.39% | 0.20% |
| 2017 | 5.16% | 1.71% | 5.15% | 1.76% |
| 2018 | 6.06% | 0.90% | 6.1% | 0.95% |
| 2019 | 5.38% | -0.68% | 5.56% | -0.54% |
| 2020 | -6.29% | -11.67% | -6.35% | -11.91% |
| 2021 | 10.64% | 16.93% | 11.07% | 17.42% |
| 2022 | 10.96% | 0.32% | 10.84% | -0.23% |
| 2023 | 7.47% | -3.49% | 6.11% | -4.73% |