Georgia: Savings, percent of GDP

* indicates monthly or quarterly data series
 Georgia

Savings as percent of GDP

 Latest value 22.65
 Year 2023
 Measure percent
 Data availability 1997 - 2023
 Average 14.43
 Min - Max -2.97 - 22.65
 Source The World Bank
The latest value from 2023 is 22.65 percent, an increase from 19.59 percent in 2022. In comparison, the world average is 23.44 percent, based on data from 96 countries. Historically, the average for Georgia from 1997 to 2023 is 14.43 percent. The minimum value, -2.97 percent, was reached in 1997 while the maximum of 22.65 percent was recorded in 2023. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Georgia - Savings, percent of GDP - Recent values chart

Historical series
Georgia - Savings, percent of GDP - historical chart - 1997-2023




The savings in Georgia and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Share of industry 19.00 2023 percent
 Share of manufacturing 8.26 2023 percent
 Share of services 61.69 2023 percent
 Industry value added 5.80 2023 billion U.S. dollars
 Manufacturing value added 2.52 2023 billion U.S. dollars
 Services value added 18.84 2023 billion U.S. dollars
 Savings, percent of GDP 22.65 2023 percent
 Savings, in dollars 6.92 2023 billion U.S. dollars
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