🇬🇪 Georgia Gross value added at basic prices (GVA) (constant LCU) — Historical Data

World Bank data • 2003202422 data pointsEconomy & Growth

Latest Value
$60.84B
2024
Year-on-Year
+10.3%
vs 2023
10-Year Average
$44.93B
20152024
Range
$60.84B (2024)
$16.92B (2003)

Georgia Gross value added at basic prices (GVA) (constant LCU)2003 to 2024

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About this Indicator

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

Historical Data Table

YearValue
2024$60.84B
2023$55.16B
2022$50.91B
2021$46.38B
2020$41.35B
2019$43.48B
2018$41.00B
2017$38.55B
2016$36.51B
2015$35.15B

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