Georgia - GDP per capita (current US$) 1990 - 2022
Georgia's gdp per capita (current us$) is currently $6,627.71 USD (United States dollar) according to the most recent World Bank data for the country (2022).
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Georgia's gdp per capita (current us$) for 2022 was $6,627.71, a 31.94% increase from 2021, with a +$1,604 difference.
- In 2021 it was $5,023.27, a 18.04% increase from 2020, with a +$767 difference.
- In 2020 it was $4,255.74, a -9.38% increase from 2019.
- In 2019 it was $4,696.15, a -0.55% increase from 2018.
- In 2018 it was $4,722.04, a 8.38% increase from 2017.
Measure: Estimated Value
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Georgia is currently $2,554.43 (average of years with recorded data) with a lowest recorded value of $519.86 in 1994 and a highest value of $6,627.71 in 2022.For comparison, the world wide [World Bank] aggregate for 1994 was $4,944.94 and in 2022 it was $12,647.48. Essentially, in 1994, Georgia contributed 10.51% to the world wide aggregate. While in 2022 it contributed 52.40% to the aggregate, recording a 398.46% increase in amounts contributed within the 28-year period. Nonetheless, the country recorded a 1,174.91% increase in gdp per capita (current us$) within the same period.
Georgia's GDP per capita (current US$) - Historical Data
| Year | GDP per capita (current US$) | Average Growth Rate (%) |
|---|---|---|
| 1990 | $1,614.64 | |
| 1991 | $1,314.67 | -18.58% |
| 1992 | $757.22 | -42.40% |
| 1993 | $550.02 | -27.36% |
| 1994 | $519.86 | -5.48% |
| 1995 | $578.34 | 11.25% |
| 1996 | $689.06 | 19.14% |
| 1997 | $807.03 | 17.12% |
| 1998 | $851.52 | 5.51% |
| 1999 | $673.54 | -20.90% |
| 2000 | $749.91 | 11.34% |
| 2001 | $801.98 | 6.94% |
| 2002 | $853.53 | 6.43% |
| 2003 | $1,010.03 | 18.34% |
| 2004 | $1,305.05 | 29.21% |
| 2005 | $1,642.78 | 25.88% |
| 2006 | $1,996.02 | 21.50% |
| 2007 | $2,635.37 | 32.03% |
| 2008 | $3,324.75 | 26.16% |
| 2009 | $2,822.69 | -15.10% |
| 2010 | $3,233.22 | 14.54% |
| 2011 | $4,021.75 | 24.39% |
| 2012 | $4,421.93 | 9.95% |
| 2013 | $4,623.88 | 4.57% |
| 2014 | $4,739.28 | 2.50% |
| 2015 | $4,014.11 | -15.30% |
| 2016 | $4,062.13 | 1.20% |
| 2017 | $4,356.93 | 7.26% |
| 2018 | $4,722.04 | 8.38% |
| 2019 | $4,696.15 | -0.55% |
| 2020 | $4,255.74 | -9.38% |
| 2021 | $5,023.27 | 18.04% |
| 2022 | $6,627.71 | 31.94% |
Expand
Comparison with Countries in the Europe & Central Asia Region.
Among countries in the same World Bank Europe & Central Asia (ECA) region, Georgia comes in 49th with $6,627.71 gdp per capita (current us$).
- Within the same region, Kazakhstan comes in 39th with $11,243.70, gdp per capita (current us$).
- Turkiye comes in 40th with $10,616.10.
- Montenegro comes in 41st with $9,893.52.
- Serbia comes in 42nd with $9,393.63.
- Belarus comes in 43rd with $7,904.86.
- Azerbaijan comes in 44th with $7,736.70.
- Bosnia and Herzegovina comes in 45th with $7,585.38.
- Turkmenistan comes in 46th with $7,297.18.
- Armenia comes in 47th with $7,014.21.
- Albania comes in 48th with $6,802.80.
- North Macedonia comes in 50th with $6,591.47.
- Moldova comes in 51st with $5,562.61.
- Kosovo comes in 52nd with $5,351.44.
- Ukraine comes in 53rd with $4,533.98.
- Uzbekistan comes in 54th with $2,255.15.
- Kyrgyz Republic comes in 55th with $1,606.67.
- And Tajikistan comes in 56th with $1,054.19, gdp per capita (current us$).
GDP per capita (current US$), Top 10 Countries in the Europe & Central Asia Region.
Top 10 Countries in the Europe & Central Asia Region.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Monaco | $234,317.00 | 2021 |
| 2 | Liechtenstein | $184,083.00 | 2021 |
| 3 | Luxembourg | $126,426.00 | 2022 |
| 4 | Norway | $106,149.00 | 2022 |
| 5 | Ireland | $104,039.00 | 2022 |
| 6 | Switzerland | $92,101.50 | 2022 |
| 7 | Isle of Man | $79,530.60 | 2020 |
| 8 | Iceland | $72,903.00 | 2022 |
| 9 | Faroe Islands | $69,010.20 | 2021 |
| 10 | Denmark | $66,983.10 | 2022 |
Comparison with Countries in the Upper middle income Group.
Among countries in the same World Bank Upper middle income (UMI) group, Georgia comes in 39th with $6,627.71 gdp per capita (current us$).
- Within the same income group, Peru comes in 29th with $7,125.83, gdp per capita (current us$).
- Equatorial Guinea comes in 30th with $7,053.47.
- Armenia comes in 31st with $7,014.21.
- Belize comes in 32nd with $6,968.36.
- Thailand comes in 33rd with $6,908.80.
- Albania comes in 34th with $6,802.80.
- South Africa comes in 35th with $6,776.48.
- Marshall Islands comes in 36th with $6,727.80.
- Libya comes in 37th with $6,716.10.
- Colombia comes in 38th with $6,630.28.
- North Macedonia comes in 40th with $6,591.47.
- Ecuador comes in 41st with $6,391.28.
- Paraguay comes in 42nd with $6,153.06.
- Jamaica comes in 43rd with $6,047.22.
- Iraq comes in 44th with $5,937.20.
- Suriname comes in 45th with $5,858.29.
- Moldova comes in 46th with $5,562.61.
- Guatemala comes in 47th with $5,473.21.
- Kosovo comes in 48th with $5,351.44.
- And Tuvalu comes in 49th with $5,334.99, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the Upper middle income Group.
Top 14 Countries in the Upper middle income Group.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Venezuela, RB | $15,975.70 | 2014 |
| 2 | Russian Federation | $15,345.10 | 2022 |
| 3 | Bulgaria | $13,772.50 | 2022 |
| 4 | Argentina | $13,686.00 | 2022 |
| 5 | Costa Rica | $13,198.80 | 2022 |
| 6 | China | $12,720.20 | 2022 |
| 7 | Palau | $12,083.90 | 2021 |
| 8 | Malaysia | $11,971.90 | 2022 |
| 9 | Maldives | $11,817.50 | 2022 |
| 10 | St. Lucia | $11,481.50 | 2022 |
| 11 | Kazakhstan | $11,243.70 | 2022 |
| 12 | Mexico | $11,091.30 | 2022 |
| 13 | Turkiye | $10,616.10 | 2022 |
| 14 | Mauritius | $10,216.30 | 2022 |