Georgia GDP: $131 billion

LATEST ESTIMATES FOR GROSS DOMESTIC PRODUCT IN PPP INT$ ADJUSTED FOR BASE YEAR AND INFORMAL ECONOMY

The Gross Domestic Product (GDP) in Georgia is estimated to be $131 billion dollars by the end of 2024 by World Economics - 46% larger than official estimates.

The official estimate for Georgia's GDP published by the World Bank was $89 billion at the end of 2023 in puchasing power partity terms.

World Economics has developed a database presenting GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. World Economics estimates Georgia's GDP to be $131 billion - 46% larger than official estimates.

Georgia's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.

Data source: World Economics Research, London



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Country 2024 Estimate
Billions, Int$		 2025 Estimate
Billions, Int$		 World Economics
Data Quality Rating
(A-E)



China $41,365.56 $43,268.37 C
United States $26,875.65 $27,601.29 A
India $22,022.56 $23,454.02 C
Russia $8,290.44 $8,406.51 C
Japan $6,270.20 $6,339.17 A
Indonesia $5,903.52 $6,204.60 C
Germany $5,806.56 $5,823.98 A
Brazil $5,470.37 $5,590.72 B
France $4,315.97 $4,350.49 A
United Kingdom $4,119.93 $4,185.85 A
Mexico $4,009.63 $4,065.76 C
Türkiye $3,979.83 $4,087.28 B
Italy $3,858.71 $3,885.72 A
Korea, Rep. $3,298.31 $3,370.87 A
Egypt $3,039.23 $3,163.84 E
Spain $2,817.93 $2,882.74 A
Saudi Arabia $2,717.49 $2,807.16 C
Nigeria $2,518.67 $2,599.27 E
Canada $2,509.68 $2,559.87 A
Thailand $2,283.14 $2,351.63 D
Bangladesh $2,139.44 $2,235.71 E
Vietnam $2,046.38 $2,171.21 E
Pakistan $2,036.71 $2,101.89 D
Poland $2,036.42 $2,107.70 B
Australia $1,747.87 $1,784.57 A
Philippines $1,736.67 $1,842.61 C
Argentina $1,720.55 $1,806.57 C
Malaysia $1,688.43 $1,762.72 B
Taiwan $1,633.19 $1,677.28 A
Netherlands $1,375.11 $1,397.12 A
Colombia $1,329.50 $1,362.74 B
South Africa $1,307.97 $1,327.59 B
Romania $981.00 $1,013.37 B
Kazakhstan $962.58 $1,006.86 D
Belgium $907.82 $918.71 A
United Arab Emirates $906.88 $953.13 B
Ukraine $898.22 $920.68 C
Singapore $834.35 $855.21 A
Peru $811.07 $832.16 D
Switzerland $800.39 $810.80 A
Sweden $776.75 $795.39 A
Algeria $746.55 $768.95 C
Chile $713.27 $730.39 A
Ireland $690.05 $705.23 A
Austria $640.29 $647.34 A
Czechia $600.98 $614.80 A
Ethiopia $590.68 $629.08 E
Israel $576.85 $592.43 A
Norway $573.37 $583.69 A
Hong Kong $572.11 $589.27 A
Portugal $542.00 $554.47 A
Angola $521.96 $536.58 E
Kenya $503.68 $528.86 D
Denmark $503.36 $511.42 A
Greece $489.47 $499.26 B
Hungary $487.99 $502.14 B
Myanmar $481.52 $486.81 D
Morocco $456.64 $473.08 C
Uzbekistan $431.71 $456.32 D
Sri Lanka $418.74 $409.94 C
Tanzania $404.26 $428.52 D
Qatar $395.11 $402.62 C
Ghana $379.01 $395.68 C
Ecuador $373.40 $377.88 D
Dominican Republic $369.92 $388.41 B
Finland $369.16 $376.55 A
Belarus $363.03 $371.38 C
Cote d'Ivoire $347.99 $370.26 C
Guatemala $345.06 $357.49 D
Congo, Dem. Rep $308.49 $323.91 E
Azerbaijan $304.75 $312.36 D
Kuwait $300.96 $310.89 D
New Zealand $283.09 $288.47 A
Bulgaria $280.97 $287.99 B
Panama $251.40 $258.95 D
Nepal $249.95 $262.20 E
Slovak Republic $248.98 $253.71 B
Serbia $244.62 $254.65 B
Oman $241.97 $249.47 B
Uganda $220.01 $236.51 D
Bolivia $217.48 $222.27 E
Cameroon $215.55 $224.61 D
Croatia $211.33 $217.46 B
Sudan $204.80 $221.80 E
Tunisia $202.80 $206.05 D
Libya $182.95 $208.02 E
Costa Rica $177.45 $183.66 B
Afghanistan $176.81 $183.00 E
Paraguay $171.57 $178.09 D
Lithuania $165.67 $169.98 B
Cambodia $160.45 $169.76 E
Uruguay $151.27 $155.80 B
Jordan $141.08 $145.17 B
Guyana $134.16 $153.48 E
Senegal $133.96 $146.42 C
Turkmenistan $133.47 $136.54 D
Zambia $132.94 $141.71 D
Georgia $130.90 $138.76 B
Slovenia $128.67 $132.01 A
Bahrain $122.15 $126.06 B
Honduras $117.76 $121.88 E
Zimbabwe $116.48 $123.47 E
Mali $114.36 $119.39 E
El Salvador $111.20 $114.54 C
Gabon $102.66 $105.33 E
Guinea $100.78 $106.53 E
Luxembourg $98.60 $101.27 A
Laos $97.33 $100.73 E
Madagascar $94.94 $99.31 E
Burkina Faso $93.81 $99.25 C
Latvia $90.51 $92.59 B
Bosnia and Herzegovina $87.22 $89.84 D
Armenia $86.74 $90.99 B
Lebanon $86.09 $81.01 D
Mozambique $84.39 $88.02 D
Benin $83.36 $88.78 C
Nicaragua $81.52 $84.62 D
Niger $77.28 $82.92 C
Mongolia $76.54 $81.90 B
Congo, Rep. $74.29 $77.04 E
Estonia $69.69 $70.80 B
Botswana $69.51 $73.12 C
Papua New Guinea $68.53 $71.07 E
Tajikistan $68.35 $71.42 D
Albania $67.93 $70.24 C
Rwanda $67.28 $71.66 C
Trinidad and Tobago $62.11 $63.60 D
Cyprus $61.99 $63.91 A
Kyrgyzstan $61.09 $64.14 D
Chad $60.15 $62.43 E
Yemen, Rep. $59.51 $60.40 E
North Macedonia $58.03 $60.12 B
Moldova $56.58 $58.68 B
Haiti $54.37 $54.91 E
Brunei $54.35 $55.71 C
Malawi $53.05 $55.17 C
Mauritania $50.14 $52.25 D
Namibia $46.07 $48.00 C
Mauritius $43.15 $44.88 B
Jamaica $43.11 $44.01 E
Malta $42.29 $43.98 B
Togo $40.57 $42.72 C
Iceland $29.49 $30.20 A
Sierra Leone $27.46 $28.70 D
Eswatini $23.11 $24.08 D
Burundi $21.14 $21.87 E
Bahamas, The $20.30 $20.65 B
Bhutan $19.10 $20.47 E
Suriname $16.95 $17.46 C
Liberia $15.12 $15.99 E
Gambia $14.18 $15.00 D
Central African Republic $11.28 $11.61 E
Lesotho $9.49 $9.71 C
Guinea-Bissau $7.97 $8.36 E
Cabo Verde $6.74 $7.06 C
Comoros $4.19 $4.36 D

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Note: Data for years shown use end of of year values.

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Data quality rating definitions:
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         B: Good
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         E: Extremely poor quality


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ACCESS DATA FOR MORE COUNTRIES

GEORGIA'S ECONOMICS
GEORGIA'S DEMOGRAPHY
GEORGIA'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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