Nominal Georgia GDP, at $625.714 bn in 2019, is at the highest level recorded to date. Georgia GDP (Nominal, $USD) 2003-2017 Qatar's GDP per Capita (PPP) is 8 times higher than the average GDP per Capita (PPP) of the world. Details. GDP per capita is gross domestic product divided by midyear population. Transition graphs on "GDP per capita" in Georgia and comparison bar charts (USA vs. China vs. Japan vs. Georgia), (Croatia vs. Uruguay vs. Georgia) are used for easy understanding. Find Out This dataset provides the growth rates of real per capita GDP, which is defined as GDP at constant prices divided by the population. In 2021, the U.S. had a per-capita GDP of $68,111 while Canada's was just $51,981. In 2010-2014, Armenia’s GDP showed a constant rise whilst decreasing by USD 360 in 2015 and dropping to USD 3,529. This entry shows real GDP, divided by population as of 1 July for the same year. The service sector itself is dominated by the wholesale and retail trade sector, reflecting the role of Tbilisi as transit and logistics hub for the country and the South Caucasus. The shade of the country corresponds to the magnitude of the indicator. Over the 5 years ending in 2019 the Georgia economy grew in nominal terms by 28.94% at a compound annual growth rate of 5.21% per year. (see Data FAQs) Source: IMF World Economic Outlook Database. 2016. 2015. GDP per capita, PPP (current international $) - Georgia from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). View the high-resolution of the infographic by clicking here. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. Various data can be downloaded and output in csv format for use in EXCEL free of charge. Contributions to per cent growth in GDP (in percentage points) are over the preceding period, unless otherwise specified. The statistic shows gross domestic product (GDP) per capita in Georgia from 1996 to 2026*. Description: The map displayed here shows how GDP - per capita (PPP) varies by country. Georgia’s GDP per capita in 2017 (current prices) is $4.12 thousand, the highest in the South Caucasus, shows the updated data by the International Monetary Fund (IMF). Real (inflation adjusted) GDP per Capita over time. Transition graphs on "GDP per capita growth rate (annualized)" in Georgia and comparison bar charts (USA vs. China vs. Japan vs. Georgia), (Croatia vs. Uruguay vs. Georgia) are used for easy understanding. Hong Kong has ranked in the top 4 for exports per capita since 2009. GDP deflator, percentage change: 8.5: 4.4: 5.2: 7.1: 7.2: 5.9: 7.4: 6.9: 6.8: GDP per capita (at current prices), GEL: 10 933.9: 11 968.0: 13 239.4: 2 974.3: 2 990.2: 3 586.7: 3 741.6: 13 292.7: 3 024.1: GDP per capita (at current prices), USD: 4 358.5: 4 722.0: 4 696.2: 1 016.3: 952.9: 1 156.2: 1 144.1: 4 274.6: 912.5: GDP at current prices, billion USD: 16.2: 17.6: 17.5: 3.8: 3.5: 4.3: 4.3: 15.9: 3.4 Labour productivity is a key driver of economic growth and changes in living standards, measured notably by growth in GDP per capita. $29. 8. This map using data from the IMF shows the GDP per capita (nominal) of nearly every country … The darker the shade, the higher the value. The GDP figure in 2019 was. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. GDP per capita measures the sum of marketed goods and services produced within the national boundary, averaged across everyone who lives within this territory. Definition: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. GeorgiaGdp and National debt. 2018. Current Georgia GDP Per Capita is 3,865.79 USD. Nigeria Records No New COVID-19 Death For Second Time In A Week; Europa League: Pogba Scores On Return To Send Man United To Last Eight; Hijab Controversy: Kwara Government Directs Principals To Resume Growth in labour productivity indicates a higher level of output for every hour worked. This indicator provides per capita values for gross domestic product (GDP) expressed in current international dollars converted by purchasing power parity (PPP) conversion factor. The main aggregates in the database include Gross Domestic Product (GDP) by type of expenditure and Gross Value Added by kind of economic activity, both at current and at constant market prices. Data for GNI, GNI per capita, GDP, GDP PPP, and Population for 2018 are now available on World Bank's Open Data Catalog. GDP per capita has steadily risen globally over time, and in tandem, the standard of living worldwide has increased immensely. Iceland and Qatar are down by almost $10k. The GDP figure in the first quarter of 2021 was. Georgia gdp per … Code columns are usually hidden by default. Georgia's "GDP per capita" is US$4,698 which is the 107th highest in the world ranking. €15,611. Per capita GDP by country was calculated by the World Bank and is current as of 2017. Answer: The GDP per capita ppp of Georgia is $4,400. $) Nominal PPP; 2020: 4,248: 14,918: 2021: 4,361: … In China, per-capita GDP roughly doubled from 2000 to 2006, did so again before 2013, and is expected to double once more by 2024 — an annualized growth rate of 9.1% over the 25-year span. Georgia ranked second for age structure > 65 years and over amongst Religious countries in 2013. Here you will find an updated list and a map with all the countries by GDP per capita according to the most recent data from the International Monetary Fund (2020).. The change tendency in GDP per capita was similar in Armenia, too. Many island nations feature on the list of countries with the lowest GDPs. The British Commonwealth nation of Tuvalu is the lowest with a GDP of US$43 million, followed by the Micronesian island of Nauru at $114 million and the Marshall Islands at $205 million. Georgia ranked 4th last for GDP per capita amongst Eastern Europe in 2012. The gross domestic product (GDP) per capita figures on this page are derived from PPP calculations. Per capita real GDP of Georgia 2000-2019 Published by Statista Research Department, Apr 22, 2021 This statistic shows the per capita real Gross Domestic Product of … Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. GDP per capita (current US$) - Georgia. GDP - per capita (PPP) compares GDP on a purchasing power parity basis divided by population as of 1 July for the same year. It is an institution established to produce the statistics and disseminate the statistical information according to the Georgian legislation. GDP per capita of Georgia increased from 3,359.02 purchasing power parity; international dollars in 2001 to 14,917.6 purchasing power parity; international dollars in 2020 growing at an average annual rate of 8.30%. GDP per capita ($/Int. The description is … Americans love tomatoes and the United States imports the most tomatoes per capita than any other country in the world. Get in touch with us now. 4,061. , May 4, 2021. The US also spends 17% of their gross domestic product (GDP) based on World Bank data, by far more than any of the countries that landed in the top 10 in physicians per 10,000 residents. 2017. In 2013, Russia was ahead of Portugal by GDP (PPP) per capita. Liechtenstein has ranked in the top 2 for exports per capita since 2008. Gross domestic product (GDP) per capita in the Arab world 2020; Gross domestic product (GDP) per capita in the BRIC countries 2026; UK: distribution of dance fitness industry employment types in 2015, by gender; Rental prices per square foot for warehouses in Kenya 2013-2017; Industry revenue of “metal valve manufacturing“ in Georgia 2012-2024 15.9. ... $15,637 per capita; Unemployment: 14.4% ... and budget deficits have averaged 1.0 percent of GDP. Over the past 28 years, the value for this indicator has fluctuated between $4,739.20 in 2014 and $519.82 in 1994. $5,515,376 million, United States is the world's leading economy with regard to GDP, as can be seen in the ranking of quarterly GDP of the 51 countries that we publish. United States has a quarterly GDP per capita, of. 1. Georgia - GDP per capita (EUR) Data. Various data can be downloaded and output in csv format for use in EXCEL … GDP per capita: Int$ 59,830; Denmark is a country with developed social services that raises industrious people who love life and working hard for their country's continuous prosperity. Against the backdrop of renewed interest in manufacturing production, researchers have witnessed the emergence of a global manufacturing renaissance in different contexts. $56,052 per capita. To compare, Azerbaijan’s GDP per capita is $4.1 thousand and Armenia’s – $3.69 thousand. Method. All suggestions for corrections of any errors about GDP - per capita (PPP) 2016 should be addressed to the CIA. When I made this map, I said myself "Cyprus and Portugal should swap locations." Singapore has ranked in the top 3 for exports per capita since 2009. $2,058 (2017 est.) GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. Data are presented as annual datapoints from 1970 onwards. FDI Inflow: $36.4 billion. Turkey's gross domestic product (GDP) per capita index based on purchasing power parity (PPP) last year was 64, while the average for EU countries was 100, Turkey's statistical authority announced on … Georgia - GDP per capita (USD) Data. In 2020, GDP per capita based on PPP for Georgia was 14,918 international dollars. As of 2019, the estimated average GDP per capita (PPP) of all of the countries of the world is Int$18,381. Georgia: GDP per capita. The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. Georgia's GDP growth rate is expected at 3.5% in 2021 and 6.0% in 2022 – ADO 2021 Georgia's inflation rates forecasted at 5.0% in 2021 and 3.5% in 2022 – ADO 2021 Per capita GDP growth for Georgia is expected at 3.5% in 2021 and 6.0% in 2022 – ADB Report Annual change in real GDP. (see Data FAQs) Source: IMF World Economic Outlook Database. €709. According to TurkStat data, country's GDP per capita was 64, up 3 points from 2019. ... $15,637 per capita; Unemployment: 14.4% ... and budget deficits have averaged 1.0 percent of GDP. Top Losers in 2020: Out of 194 economies, gdp (nominal) per capita 155 economies have decreased in 2020 compared to 2019. Here’s a look at the 10 countries with the highest GDP per capita in 2021: However, not all citizens in Luxembourg are extremely wealthy. The pillars of the economy in Denmark are tourism and other services, manufacturing, trade, and small domestic enterprises. In 2019, government expenditure in Georgia amounted to about 28.95 percent of the country's gross domestic product. Currency : Lari (GEL) = 100 Tetri: Rate of exchange (Sept.2004) : 1 Euro = 2.14 Lari (GEL) GDP (Gross Domestic Product), 2002 : 3.42 billion dollars: GDP per capita, 2002 : GDP. World Bank national accounts data, and OECD National Accounts data files. I chose to compare data from 2010 to data from 2019 to see increases and decreases in per capita GDP. Georgia GDP Per Capita data is updated yearly, available from Dec 1990 to Dec 2020, with an average number of 1,642.801 USD. In fact: 29% of people spend over 40% of their income on housing costs. Afghanistan. With a decline of more than $40k, the GDP per capita of Macao SAR is down by 50% in 2020. Measured by per-capita GDP, Canada is poorer than the United States. Note. The value that results from this calculation is known as the GDP per capita. Georgia gdp per capita for 2019 was $4,698, a 0.53% decline from 2018. General economics statistics came … San Marino has ranked in the top 2 for exports per capita since 2004. GDP per Capita in Georgia (with a population of 4,008,716 people) was $3,972 in 2017, an increase of $189 from $3,783 in 2016; this represents a change of 5.0% in GDP per capita. The list of countries by estimated gross domestic product per capita (see also a list of countries by GDP). Real GDP per capita. Country Comparison Ranking. As manufacturing retakes its place in policy discussions, one realizes the As estimates and assumptions have to be made, the results produced by different organizations, so they should be used with caution. Gross domestic product based on purchasing-power-parity (PPP) per capita GDP. $9,900 (2015 est.) California is the largest economy today – it has a state GDP of $2.6 trillion, which is comparable to the United Kingdom. No claims are made regarding theaccuracy of GDP - per capita (PPP) 2015 information contained here. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Labour productivity when measured by Unit Labour Costs (ULC) is also a key driver of international competitiveness. 112: Bosnia and Herzegovina: $14,912: Albania. $122 million with respect to 2018. Effective company profit tax rate on payouts as dividends [score] 1.00: ... Tbilisi (Georgian: თბილისი) is the capital city of the country of Georgia, lying on the banks of the Mtkvari river. Line Bar Map. €4,200. GDP is the total value of all goods and services produced in a country in a year. Data are derived by dividing GDP in PPP dollars by total population. GDP per capita, PPP (current international $) Search glossaries Source: ... Georgia Germany Ghana Greece Grenada Guatemala Guinea Guinea-Bissau Guyana Haiti ... Country or Area Code Country or Area Time Code Year Value. Inflation (CPI): 1.3%. Health: Physicians (per … ... Georgia: $14,992: 2019 est. Statistics in Asia. The average GDP per capita in 2017 of all of the countries of the world is US$17300. Change in GDP. Asia has surprisingly good house price statistics, though the quality varies greatly. 2018. €13,937. NOTE: The information regarding GDP - per capita (PPP) 2015 on this page is re-published from the CIA World Factbook 2015. GDP per capita (USD) 4,016. 1.7% 5-year compound annual growth. To gauge how a country’s citizens are wealthy it is necessary to understand how much they can buy. 2015. NOTE: The information regarding GDP - per capita (PPP) 2016 on this page is re-published from the CIA World Factbook 2016. Georgia takes the leading place among the South Caucasian countries with its Gross Domestic Product (GDP) per capita indicator. The GDP per Capita in Georgia is equivalent to 37 percent of the world's average. The statistic shows the ratio of government expenditure to gross domestic product (GDP) in Georgia from 2016 to 2019, with projections up until 2026. Georgia ranked first for life expectancy at birth > total population amongst Former Soviet republics in 2011. Georgia gni per capita for 2019 was $4,690, a 5.16% increase from 2018. Per capita GDP by state came from the BEA and is also for 2017. 2016. 2017. However, using per capita GDP still poses a problem: the very same income can buy very little in some countries and go much further in others where basic necessities—food, clothing, shelter, or healthcare—cost far less. GDP Per Capita (PPP), US Dollars for Georgia in year 2015 is US$ 9,629.96 . The statistic shows gross domestic product (GDP) per capita in the Central African Republic from 1986 to 2026. Gross Domestic Product (GDP) is the monetary market value of all final goods and services made within a country during a specific period. GDP helps to provide a snapshot of a country's economy and can be calculated using expenditures, production, or incomes. INTRODUCTION. $6 613. $10,300 (2016 est.) Qatar has ranked in the top 5 for exports per capita since 2010. Hours worked are sourced from the National Accounts of OECD countries, the OECD Employment Outlook and national sources. Its GDP per capita of 10,336 Georgian lari (€3,600) is exceeding the national average by more than 50 percent. GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. GDP Per Capita by Country. The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. $2,065 (2019 est.) $2,034 (2018 est.) But Portugal's GDP per capita … In terms of median household income, there is a much smaller difference between the two countries. Georgia - GDP per capita GDP per capita (current US$) The latest value for GDP per capita (current US$) in Georgia was $4,717.14 as of 2018. Data on per capita gross national income in US dollar terms (Atlas method) for 2016 are also shown, sourced from the … 111: Gabon: $14,950: 2019 est. GDP per capita (EUR) 3,618. 3,668. 10,742 (international dollars) in 2017. Portugal has a lot of Elderly people, and lots of portugese move around for jobs, brings the average down. The per capita rate at the water park was the lowest in park history, with 900 hundred less people attending this year than last. GDP per capita based on PPP of Georgia increased from 3,359 international dollars in 2001 to 14,918 international dollars in 2020 growing at an average annual rate of 8.30%. Georgia GDP Per Capita table by year, historic, and current data. The Gross Domestic Product per capita in Georgia was last recorded at 4985.80 US dollars in 2019. The GDP per Capita in Georgia is equivalent to 39 percent of the world's average. source: World Bank 10Y 25Y 2019. The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. This data includes per capita GDP data by country and by year. The United States, with the 12 th largest GDP per capita… [n 1] For rankings regarding wealth, see list of countries by wealth per adult. English: Evolution of GDP per capita in some former Soviet countries. The GDP per capita of Georgia was $50,288 in 2018. The description is composed by our digital data assistant. Health: Total expenditure (% of GDP) 2014. note: data are in 2017 dollars. Three lists of countries below calculate gross domestic product (at purchasing power parity) per capita, i.e., the purchasing power parity (PPP) value of all final goods and services produced within a country in a given year, divided by the average (or mid-year) population for the same year.. As of 2017, the average GDP per capita (PPP) of all of the countries of the world is USD $17,300. See how Georgia compares to another country using any of the measures in the Index. Average GDP per Capita Taken from 2018 Data. National Statistics Office of Georgia, the legal entity of public law, carries out its activities independently. 2. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. GDP per capita, current US$ 4,275: Life Expectancy at birth, years (2018) 74.1 An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. 7.4. The city covers an area of … See how Georgia compares to another country using any of the measures in the Index. $17,477 million, Georgia is number 118 in the ranking of GDP of the 196 countries that we publish. 2019. The GDP per capita of Atlanta Metro Area (GA) was $56,840 in 2017. LATEST. 14/266. In other words, it is the weighted average of per capita GDP of all the countries, with population being the weights. Country Comparisons Real GDP per capita. As a result of recent health-care reforms in Georgia, public compulsory insurance has since 2008 been implemented by private insurance companies. [see also: GDP - real growth rate country ranks] GDP - per capita: $10,700 (2017 est.) $25 927 574 907. GDP is the total value of all goods and services produced in a country … I hope you find the information useful. GDP (PPP) year to date. Gross Domestic Product (GDP) is a measure of the value of all goods and services produced in a region minus the value of the goods and services used up in production. The data reached an all-time high of 4,738.782 USD in Dec 2014 and a record low of 519.816 in Dec 1994. The GDP per capita varies drastically worldwide. In some instances, these figures are estimates. In fact, the richest country today (in terms of nominal GDP per capita), Luxembourg, is over 471x more wealthy than the poorest, Burundi. Country Report 2017 - Includes Georgia real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. GDP per capita (at current prices), GEL: 9 109.4: 9 613.9: 10 933.9: 11 968.0: 13 428.9: 13 292.7 GDP per capita (at current prices), USD: 4 012.6: 4 062.1: 4 358.5: 4 722.0: 4 763.5: 4 274.6 GDP at current prices, billion USD: 14.9: 15.1: 16.2: 17.6: 17.7: 15.9 GDP per capita is calculated using a country’s GDP in 2012 United States dollars (USD) which is then divided by the country… GDP, current US$ billion. . €4,577,736. GDP per capita in Georgia. GDP today. The voucher cost of this insurance is treated as general government health expenditure. GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. Georgia's "GDP per capita growth rate (annualized)" is 5.16% which is the 12th highest in the world ranking. The gross domestic product of a country is dependent upon the country’s economic standing and overall profits compared to expenses. All suggestions for corrections of any errors about GDP - per capita (PPP) 2015 should be addressed to the CIA. The countries with the highest GDP per Capita (PPP) are Qatar, Liechtenstein, Macao SAR, China, Monaco, Luxembourg with a(n) GDP per Capita (PPP) of (102,100), (89,400), (88,700), (85,500), (77,900) $ respectively. However, this is mainly due to the earnings of high-income people. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for … The term country, used interchangeably with economy, does not imply political independence but refers to any territory for which authorities report separate social or economic statistics. The latest comprehensive information for - Georgia GDP per capita PPP - including latest news, historical data table, charts and more. The average real GDP per capita is calculated by dividing the world total real GDP by the world total population. Figures from International Monetary Fund's World Economic Outlook (WEO) Database, October 2015. $13,965 (2019 est.) I added population data and ranked countries within continents by population. No claims are made regarding theaccuracy of GDP - per capita (PPP) 2016 information contained here. Unemployment: 3.0%. The absolute value of GDP in Georgia rose. PPPs, and not exchange rates, should be used in international comparisons of GDP and its components. The GDP per capita of Georgia in 2019 was. Estimates of productivity levels and GDP per capita permit the comparison of standards of living and underlying factors across countries. In accordance with the 2018 prognosis, Georgia’s GDP per capita will reach USD 4,370 at the end of the year. GDP per capita year to date (annual $13,201) $112 505 273. Clear Filters. The information collected for the GDP Per Capita (PPP) of Georgia has been obtained from the Central Intelligence Agency. Variable: Gross domestic product per capita, current prices Note: Expressed in GDP in PPP dollars per person. National Statistics Office of Georgia is established by the Law of Georgia, dd 11 December 2009, on Official Statistics. CEIC extends history for annual GDP per Capita. 01-07-2021 18:55:38. GDP per capita: $7653.03: GDP per capita [score] 0.14: Taxation. note: data are in 2017 dollars country comparison to the world (CIA rank, may be based on non-current data): 138 [see also: GDP - per capita country ranks] Gross national saving: 23% of GDP … The final aggregates are provided in national currency and in United States dollars. Growth rates (per cent) are over the preceding period, unless otherwise specified. (see Data FAQs) Guadeloupe does not publish any house price statistics. I expect to post final updates of GDP and economies of countries as these are updated over Q1 2020. 227 Results. License : CC BY-4.0. 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Came from the national Accounts data, and OECD national Accounts of OECD,! Are tourism and other services, manufacturing, trade, and not exchange rates, should be in! This is mainly due to the CIA a 5.16 % increase from 2018 Dec 2014 and a record of. Per cent ) are over the preceding period, unless otherwise specified decline of more than $ 40k, results. Good house price georgia country gdp per capita, though the quality varies greatly to provide a snapshot of a is... Continents by population this insurance is treated as general government Health expenditure and current... By almost $ 10k calculated by the law of Georgia in 2019 also a key driver of Economic and... Worked are sourced from the BEA and is also a key driver of international competitiveness [ also. Swap locations. living and underlying factors across countries GDP by state came from the Accounts. Map displayed here shows how GDP - per capita is $ 4.1 and...

georgia country gdp per capita 2021