Georgia GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Georgia's gdp deflator was 3.23% in 2025, ranked 160th globally. This represents a 33.6% decrease from 2024. Data from World Bank, covering 1961–2025.
Overview
Georgia's gdp deflator stood at 3.23% in 2025, a decline of +1.63pp from 2024. Based on recent trends, this figure is projected to reach 3.23% by 2025. Georgia ranked 160th globally.
Georgia’s GDP deflator stood at 3.23 % in 2025, placing the country 160th in the World Bank ranking and marginally above peers such as Saudi Arabia (3.29 %) and Togo (3.22 %). The index has traversed a volatile path over the 65‑year series, rising from a low of 0.70 % in 1961 to an extraordinary peak of 15444.42 % in 1993, a year that coincided with the post‑Soviet economic shock and hyperinflation. The only recorded negative reading occurred in 1985, when the deflator slipped to –4.53 %, reflecting price deflation during the late Soviet period. Since the early 1990s, the deflator has gradually moderated, settling in the low‑single‑digit range that characterises the recent decade. Continued fiscal discipline and stabilization of monetary policy are likely to keep the deflator near current levels, although a resurgence of external price shocks or domestic demand pressures could alter this trajectory.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.97% | - | - |
| 2026* trend | 2.10% | - | - |
| 2025* trend | 3.23% | - | - |
| 2025 | 3.23% | −1.63pp | #160 |
| 2024 | 4.86% | +1.91pp | #124 |
| 2023 | 2.95% | −5.19pp | #65 |
| 2022 | 8.14% | −2.09pp | #119 |
| 2021 | 10.23% | +3.38pp | #160 |
| 2020 | 6.85% | +2.85pp | #183 |
| 2019 | 4.00% | +0.51pp | #154 |
| 2018 | 3.48% | −4.06pp | #119 |
| 2017 | 7.55% | +5.27pp | #167 |
| 2016 | 2.27% | −3.10pp | #117 |
| 2015 | 5.38% | +0.79pp | #168 |
| 2014 | 4.59% | +5.24pp | #151 |
| 2013 | -0.65% | −0.94pp | #18 |
| 2012 | 0.29% | −8.88pp | #20 |
| 2011 | 9.17% | −6.73pp | #146 |
Analysis
Georgia's gdp deflator was 3.23% in 2025, a decline of −1.63pp from 2024. Based on trends, estimated 3.23% by 2025.
Frequently Asked Questions
Georgia's gdp deflator was 3.23% in 2025. Ranked 160th globally. This represents a 33.6% decrease from the previous year.
Georgia's gdp deflator peaked at 15,444.42% in 1993.
The lowest gdp deflator in Georgia was -4.53% in 1985.
Georgia ranks 160th globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Georgia's gdp deflator is projected to reach 3.23% by 2025 based on trend extrapolation.
The gdp deflator of Georgia in 2025 was 3.23%. This ranks 160th in the world.
Cite this page
@misc{historysaid_georgia_gdp-deflator,
title = {Georgia GDP Deflator},
url = {https://historysaid.com/georgia/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}