Georgia GDP (2026): History, Growth Rate & Projections

Nominal Gross Domestic Product (GDP) of Georgia is $42.72 billion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is 5.3%. GDP per capita is $11,574.

Georgia GDP Trend

Nominal GDP of Georgia has grown from $0.85 billion in 1994 to $42.72 billion in 2026.

Georgia GDP Growth Rate (%)

This chart shows the year-over-year real GDP growth rate of Georgia. Hover any bar to see the exact value for that year.

Average Growth

5.89%

Best Year

2007 (+12.6%)

Worst Year

2020 (-6.3%)

Years of Contraction

2 of 32

GDP per capita in Georgia rose from $10,346 in 2025 to $11,574 in 2026, an increase of 11.9%.

"Georgia GDP", "Georgia gross domestic product", and "Georgia economy size" all refer to the same nominal GDP figure.

Gross Domestic Product (GDP) of Georgia

The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Georgia for every year IMF has published data, from 1994 to 2026. Click any column header to sort, or search by year.

Georgia nominal GDP by year
Year	GDP Nominal (Current USD)	GDP Growth	GDP per capita	Pop. Change
2026	$42,716,000,000	5.3%	$11,574	-0.08%
2025	$38,216,000,000	7.5%	$10,346	-0.03%
2024	$34,191,000,000	9.7%	$9,254	-1.1%
2023	$30,778,000,000	7.8%	$8,237	1.27%
2022	$24,985,000,000	11%	$6,774	-1.07%
2021	$18,849,000,000	10.6%	$5,055	0.32%
2020	$16,013,000,000	-6.3%	$4,308	-0.19%
2019	$17,645,000,000	5.4%	$4,739	-0.16%
2018	$17,905,000,000	6.1%	$4,801	0.11%
2017	$16,472,000,000	5.2%	$4,420	-0.08%
2016	$15,445,000,000	3.4%	$4,142	0.19%
2015	$15,223,000,000	3.4%	$4,090	0.13%
2014	$17,966,000,000	4.1%	$4,834	-0.03%
2013	$17,516,000,000	5.1%	$4,711	-0.56%
2012	$16,894,000,000	6.6%	$4,518	-0.93%
2011	$15,475,000,000	7.9%	$4,101	-0.68%
2010	$12,425,000,000	6.9%	$3,270	-0.76%
2009	$11,069,000,000	-3.7%	$2,891	-0.49%
2008	$13,158,000,000	2.4%	$3,420	-0.65%
2007	$10,458,000,000	12.6%	$2,700	-0.39%
2006	$7,979,000,000	9.4%	$2,052	-0.74%
2005	$6,590,000,000	9.6%	$1,683	-0.53%
2004	$5,269,000,000	5.8%	$1,338	-0.71%
2003	$4,103,000,000	11.2%	$1,035	-0.63%
2002	$3,493,000,000	5.5%	$875	-1.16%
2001	$3,311,000,000	4.8%	$820	-1.92%
2000	$3,144,000,000	1.9%	$764	-1.93%
1999	$2,898,000,000	2.9%	$690	-2.14%
1998	$3,730,000,000	3%	$870	-2.72%
1997	$3,608,000,000	10.3%	$818	-3.56%
1996	$3,148,000,000	10.5%	$688	-3.56%
1995	$1,961,000,000	2.6%	$414	-3.81%
1994	$850,000,000	—	$173	-7.78%

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Georgia GDP Projections (IMF)

IMF projects nominal GDP for Georgia through 2031, based on current growth and inflation assumptions.

Georgia nominal GDP by year
Year	GDP Nominal (Current USD)	GDP Growth	GDP per capita	Pop. Change
2031	$67,449,000,000	5%	$18,353	-0.08%
2030	$61,501,000,000	5%	$16,721	-0.08%
2029	$56,063,000,000	5%	$15,229	-0.08%
2028	$51,138,000,000	5%	$13,880	-0.11%
2027	$46,700,000,000	5%	$12,664	-0.08%

Compare Georgia to Nearby-Ranked Economies

Georgia ranks #108 in the world by nominal GDP. See how it compares to the economies ranked just above and below it.

#107Iceland GDP #109Honduras GDP

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Frequently Asked Questions

What is the GDP of Georgia?

The nominal GDP of Georgia in 2026 is $42.72 billion, according to the IMF World Economic Outlook (April 2026). This ranks Georgia 108th in the world by nominal GDP.

What is the GDP growth rate of Georgia?

The GDP growth rate of Georgia in 2026 is 5.3%, per IMF estimates.

What is the GDP per capita of Georgia?

GDP per capita in Georgia in 2026 is $11,574, per IMF data.

Is the GDP of Georgia expected to grow?

IMF projects the nominal GDP of Georgia to reach $67.45 billion by 2031, up from $42.72 billion in 2026.

Sources: IMF, World Economic Outlook (April 2026).

Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.