Georgia: Economic growth, quarterly

* indicates monthly or quarterly data series
 Georgia

Economic growth, percent change in quarterly real GDP

 Latest value 8.39
 Reference Q1 2024
 Measure percent
 Data availability Q1 2004 - Q1 2024
 Average 5.73
 Min - Max -13.73 - 24.69
 Source National Statistics Office of Georgia
The latest data from Q1 2024 show economic growth of 8.39 percent, which is an increase from the rate of growth of 6.86 percent in the previous quarter and an increase compared to the growth rate of 8.25 percent in the same quarter last year. The economic growth time series for Georgia cover the period from Q1 2004 to Q1 2024. During that time span, the average growth rate for Georgia was 5.73 percent. The lowest rate of growth of -13.73 percent was recorded in Q2 2020 while the highest growth rate was 24.69 percent in Q2 2021. See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series


Recent values chart
Georgia - Economic growth, quarterly  - recent values

Historical chart
Georgia - Economic growth, quarterly  - historical chart - 2004-2024
Measure: percent
Source: National Statistics Office of Georgia


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Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.

 Related indicators Latest value Reference Measure
 Economic growth 10.39 2022 percent
 GDP, constant dollars 20.2 2022 billion U.S. dollars
 GDP, current U.S. dollars 24.78 2022 billion U.S. dollars
 GDP per capita, current dollars 6,674.96 2022 U.S. dollars
 GDP per capita, PPP 17,078 2022 U.S. dollars
 GDP per capita, constant dollars 5,438.60 2022 U.S. dollars
 Economic growth, quarterly 6.98 Q3/2023 percent
 Gross Domestic Product (GDP) 21.33 Q3/2023 billion
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