Photo: Philipp Weigell derivative work: Inkey · CC BY 3.0 · via Wikimedia Commons, shown in greyscale
Topic 02 of 18 · Country Index 2026
Georgia: Economy & Innovation
What does an economy do for the people inside it?
Georgia is placed 54th of 176 countries on economy & innovation in the Country Index 2026, from 4 of its 4 key statistics. Readings behind it: GDP per Capita (PPP) 25,136 (2025); Firms with a Bank Loan or Line of Credit 53.35 (2025).
Share
Economy & Innovation
54th
of 176 countries placed
Placed from 4 of 4 key statistics
- 25,136GDP per Capita (PPP), 2025GDP per capita (constant 2021 international $, PPP)
- 53.35Firms with a Bank Loan or Line of Credit, 2025Firms with a bank loan or line of credit (%)
- 0.259Economic Complexity Index, 2024ECI score (standardised, roughly −3 to +3)
- 78.82Account Ownership at a Financial Institution, 2024Adults with an account (% of population aged 15+)
01The evidence
The 4 key statistics that decide it
Only these place Georgia on economy & innovation — one vote each. Every value is the publisher’s own, read at the edition the Country Index 2026 used — or, for a survey-based key, each country’s latest reading; the grey ticks are every other country it was compared with, lowest on the left.
25,136
GDP per capita (constant 2021 international $, PPP)
Higher is better
Georgia: 25,136. Across the 185 countries in this edition, values run from 1,067 (Burundi) to 139,593 (Singapore); the world median is 17,265.
- World median
- 17,265
- Best in Western Asia
- 110,136 Qatar
- Land neighbours
- Armenia 21,153 · Azerbaijan 22,314 · Russia 42,358 · Türkiye 37,301
Key 2 of 4
Firms with a Bank Loan or Line of Credit
World Bank Group
Latest reading per country, 2016–2025 · Georgia’s is from 2023 · CC BY 4.0
53.35
Firms with a bank loan or line of credit (%)
Higher is better
Georgia: 53.35. Across the 179 countries at their latest reading, values run from 2.113 (Pakistan) to 88.52 (Israel); the world median is 35.95.
- World median
- 35.95
- Best in Western Asia
- 88.52 Israel
- Land neighbours
- Armenia 48.65 · Azerbaijan 36.42 · Russia 33.47 · Türkiye 26.18
Key 3 of 4
Economic Complexity Index
Growth Lab at Harvard University
2024 edition · data for 2024 · CC0 1.0
0.259
ECI score (standardised, roughly −3 to +3)
Higher is better
Ranked 66th of 145 by Growth Lab at Harvard University
Georgia: 0.259. Across the 145 countries in this edition, values run from -3.53 (Chad) to 1.729 (Japan); the world median is 0.131.
- World median
- 0.131
- Best in Western Asia
- 1.334 Israel
- Land neighbours
- Armenia 0.592 · Azerbaijan -0.417 · Russia 0.243 · Türkiye 0.697
Key 4 of 4
Account Ownership at a Financial Institution
World Bank Group
2024 edition · data for 2024 · CC BY 4.0
78.82
Adults with an account (% of population aged 15+)
Higher is better
Georgia: 78.82. Across the 139 countries in this edition, values run from 14.83 (Niger) to 99.85 (Iceland); the world median is 72.83.
- World median
- 72.83
- Best in Western Asia
- 96.13 Cyprus
- Land neighbours
- Armenia 71.37 · Azerbaijan 56.3 · Russia 79.34 · Türkiye 81.55
02Over time
Which way Georgia is moving
Each key’s published value, edition by edition, beside the world median. The Country Index 2026 is the first edition of the standing, so the standing itself has no history to chart yet.
GDP per Capita (PPP)
GDP per capita (constant 2021 international $, PPP) · higher is better
GeorgiaWorld median
Georgia rose from 5,706 in 2000 to 25,136 in 2025; the world median went from 10,589 to 17,265.
Every year’s figures
Year Georgia World median 2025 25,136 17,265 2024 24,147 18,108 2023 22,591 17,686 2022 20,967 16,933 2021 18,916 16,260 2020 17,031 15,631 2019 18,187 16,761 2018 17,229 16,349 2017 16,238 16,129 2016 15,443 15,512 2015 14,937 14,857 2014 14,475 14,475 2013 13,913 14,681 2012 13,194 14,631 2011 12,289 13,916 2010 11,294 14,101 2009 10,553 13,655 2008 10,856 14,030 2007 10,567 13,755 2006 9,338 12,983 2005 8,486 12,023 2004 7,694 11,608 2003 7,228 11,183 2002 6,464 11,144 2001 6,074 10,907 2000 5,706 10,589 Economic Complexity Index
ECI score (standardised, roughly −3 to +3) · higher is better
GeorgiaWorld median
Georgia fell from 0.663 in 2000 to 0.259 in 2024; the world median went from 0.016 to 0.131.
Every year’s figures
Year Georgia World median 2024 0.259 0.1310 2023 0.227 0.0710 2022 0.160 0.0580 2021 0.139 0.0010 2020 0.110 0.0470 2019 0.234 0.0300 2018 0.168 -0.0150 2017 0.043 0.0080 2016 -0.058 -0.0660 2015 0.051 -0.0600 2014 0.083 -0.0190 2013 0.123 0.0140 2012 0.065 0.0060 2011 0.308 -0.0140 2010 0.185 -0.0020 2009 0.189 0.0990 2008 0.065 0.0700 2007 0.226 -0.0080 2006 0.294 0.0740 2005 0.340 0.0510 2004 0.473 0.0505 2003 0.560 0.0450 2002 0.638 0.0100 2001 0.655 0.0470 2000 0.663 0.0160 Account Ownership at a Financial Institution
Adults with an account (% of population aged 15+) · higher is better
GeorgiaWorld median
Georgia rose from 32.98 in 2011 to 78.82 in 2024; the world median went from 37.03 to 72.83.
Every year’s figures
Year Georgia World median 2024 79 73 2021 70 74 2017 61 59 2014 40 52 2011 33 37
03In context
Georgia beside its neighbours
A position reads best beside the countries around it. Every position below is a place among all 176 countries on economy & innovation, never a place within the region.
Georgia and the countries it borders
Standing among all 176; the key columns are the publishers’ own values.
| Country | Standing | GDP per Capita (PPP)GDP per capita (constant 2021 international $, PPP) | Firms with a Bank Loan or Line of CreditFirms with a bank loan or line of credit (%) | Economic Complexity IndexECI score (standardised, roughly −3 to +3) | Account Ownership at a Financial InstitutionAdults with an account (% of population aged 15+) |
|---|---|---|---|---|---|
| Georgia | 54th | 25,136 | 53.35 | 0.259 | 78.82 |
 Armenia | =57th | 21,153 | 48.65 | 0.592 | 71.37 |
 Türkiye | 64th | 37,301 | 26.18 | 0.697 | 81.55 |
 Russia | 66th | 42,358 | 33.47 | 0.243 | 79.34 |
 Azerbaijan | 99th | 22,314 | 36.42 | -0.417 | 56.3 |
“—”: no published reading in that edition. What a standing is
Across Western Asia
Every country in the sub-region, by its place among all 176.
Placed either side on economy & innovation
The countries immediately above and below Georgia in the topic’s list.
04Context, no vote
Where Georgia is ahead of the world, and behind
67 more statistics filed under economy & innovation, published in full and deliberately given no vote in the standing. Select a row for the publisher, the rank and the links.
Ahead of the world median19
Statistics on which Georgia does better than the middle country measured.
Business Ready: Operational EfficiencyWorld Bank Group · 2024 · world median 65.8284.7565.82No earlier reading
Georgia: 84.75 · world median 65.82 · Operational efficiency score (0–100). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 40.36 to 87.33; higher is better.
Position 2nd of 50 · derived.
Business Ready: Regulatory FrameworkWorld Bank Group · 2024 · world median 66.877.7466.8No earlier reading
Georgia: 77.74 · world median 66.8 · Regulatory framework score (0–100). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 46.21 to 78.34; higher is better.
Position 3rd of 50 · derived.
GDP GrowthWorld Bank Group · 2025 · world median 3.3967.4623.396▲ Improved since 2015
Georgia: 7.462 · world median 3.396 · GDP growth (annual %). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -5.847 to 19.34; higher is better.
Position 14th of 186 · derived.
New Business DensityWorld Bank Group · 2024 · world median 2.1877.6152.187▼ Worsened since 2014
Georgia: 7.615 · world median 2.187 · New limited liability companies registered per 1,000 people aged 15–64. World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 0.02 to 26.76; higher is better.
Regulatory QualityWorld Bank Group · 2025 · world median -0.0930.623-0.093▼ Worsened since 2015
Georgia: 0.623 · world median -0.093 · Regulatory Quality (−2.5 to 2.5). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -2.106 to 2.113; higher is better.
Position 51st of 209 · derived.
Crop Production IndexFAO · 2022 · world median 106.23119.42106.23▲ Improved since 2012
Georgia: 119.42 · world median 106.23 · Crop production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 53.79 to 189.93; higher is better.
Position 48th of 195 · derived.
Business Ready: Public ServicesWorld Bank Group · 2024 · world median 50.1363.3350.13No earlier reading
Georgia: 63.33 · world median 50.13 · Public services score (0–100). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 18.35 to 73.31; higher is better.
Position 14th of 50 · derived.
GNI per Capita (PPP)World Bank Group · 2025 · world median 14,27324,71814,273▲ Improved since 2015
Georgia: 24,718 · world median 14,273 · GNI per capita (constant 2021 international $, PPP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 1,181 to 116,633; higher is better.
Position 31st of 102 · derived.
Researchers per Million InhabitantsUIS · 2024 · world median 701.951,896701.95No earlier reading
Georgia: 1,896 · world median 701.95 · Researchers per million inhabitants (full-time equivalent). UNESCO Institute for Statistics (UIS), 2024 edition, data for 2024.
Published values in that edition run from 1.446 to 18,130; higher is better.
Position 47th of 145 · derived.
Food Production IndexFAO · 2022 · world median 106.08113.64106.08▲ Improved since 2012
Georgia: 113.64 · world median 106.08 · Food production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 71.08 to 177.49; higher is better.
Position 66th of 195 · derived.
Productive Capacities IndexUNCTAD · 2022 · world median 46.6750.2546.67▲ Improved since 2012
Georgia: 50.25 · world median 46.67 · Productive Capacities Index (1–100). UN Trade and Development (UNCTAD), 2022 edition, data for 2022.
Published values in that edition run from 17.8 to 71.02; higher is better.
Position 77th of 195 · derived.
Global Innovation IndexWorld Intellectual Property Organization · 2025 · world median 28.5231.2128.52▲ Improved since 2022
Georgia: 31.21 · world median 28.52 · GII score (0–100). World Intellectual Property Organization, 2025 edition, data for 2025.
Published values in that edition run from 11.94 to 65.96; higher is better.
Ranked 56th of 139 by World Intellectual Property Organization.
ICT Services ExportsUNCTAD · 2024 · world median 7.4749.4057.474▲ Improved since 2014
Georgia: 9.405 · world median 7.474 · ICT services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0 to 56.25; higher is better.
Position 50th of 118 · derived.
Actual Individual Consumption per Capita (PPP)World Bank Group · 2021 · world median 12,80015,76912,800▲ Improved since 2017
Georgia: 15,769 · world median 12,800 · Actual individual consumption per capita (PPP, current international $). World Bank Group, 2021 edition, data for 2021.
Published values in that edition run from 688.7 to 52,654; higher is better.
Position 75th of 173 · derived.
Government AI Readiness IndexOxford Insights · 2025 · world median 40.1942.7540.19▼ Worsened since 2020
Georgia: 42.75 · world median 40.19 · AI readiness score (0–100). Oxford Insights, 2025 edition, data for 2025.
Published values in that edition run from 12.12 to 88.36; higher is better.
Ranked 87th of 195 by Oxford Insights.
Firms Competing Against Informal FirmsWorld Bank Group · 2026 · world median 41.8137.8841.81No earlier reading
Georgia: 37.88 · world median 41.81 · Firms competing against unregistered or informal firms (%). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 1.926 to 90.5; lower is better.
Position 101st of 181 · derived, 1st = worst.
Historical GDP per Capita (Maddison)GGDC · 2022 · world median 12,89014,36012,890▲ Improved since 2012
Georgia: 14,360 · world median 12,890 · GDP per capita (2011 international $). Maddison Project, Groningen Growth and Development Centre (GGDC), 2022 edition, data for 2022.
Published values in that edition run from 596.39 to 149,171; higher is better.
Position 76th of 166 · derived.
Frontier Technology Readiness IndexUNCTAD · 2023 · world median 0.4850.5140.485▼ Worsened since 2013
Georgia: 0.514 · world median 0.485 · Frontier Technology Readiness Index (0–1). UN Trade and Development (UNCTAD), 2023 edition, data for 2023.
Published values in that edition run from 0 to 1; higher is better.
Position 79th of 170 · derived.
World Energy Trilemma IndexWorld Energy Council · 2023 · world median 63.864.663.8No earlier reading
Georgia: 64.6 · world median 63.8 · Trilemma score (0–100). World Energy Council, 2023 edition, data for 2023.
Published values in that edition run from 27.7 to 83.2; higher is better.
Ranked 46th of 99 by World Energy Council.
Behind the world median20
Statistics on which Georgia does worse than the middle country measured.
Water-Use EfficiencyFAO · 2023 · world median 16.114.5416.1▲ Improved since 2013
Georgia: 14.54 · world median 16.1 · Value added per cubic metre of freshwater withdrawn (constant US$ per m³). Food and Agriculture Organization of the United Nations (FAO), 2023 edition, data for 2023.
Published values in that edition run from 0.38 to 1,378; higher is better.
Livestock Production IndexFAO · 2022 · world median 107.06105.66107.06▲ Improved since 2012
Georgia: 105.66 · world median 107.06 · Livestock production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 35.52 to 190.08; higher is better.
Position 104th of 194 · derived.
Firms with an International Quality CertificationWorld Bank Group · 2026 · world median 10.48.98910.4No earlier reading
Georgia: 8.989 · world median 10.4 · Firms with an internationally recognised quality certification (%). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 0 to 45.77; higher is better.
Income Share Held by Lowest 20%World Bank Group · 2023 · world median 7.126.987.12▲ Improved since 2013
Georgia: 6.98 · world median 7.12 · Share of national income held by the poorest fifth (%). World Bank Group, 2023 edition, data for 2023.
Published values in that edition run from 3.24 to 11.07; higher is better.
Position 34th of 60 · derived.
Income Share Held by Richest 10%World Bank Group · 2023 · world median 26.1826.926.18▲ Improved since 2013
Georgia: 26.9 · world median 26.18 · Share of national income or consumption held by the richest tenth (%). World Bank Group, 2023 edition, data for 2023.
Published values in that edition run from 18.79 to 43.08; lower is better.
Position 27th of 60 · derived, 1st = worst.
Gini IndexWorld Bank Group · 2023 · world median 33.7234.7633.72▲ Improved since 2013
Georgia: 34.76 · world median 33.72 · Gini index (0 = perfect equality, 100 = perfect inequality). World Bank Group, 2023 edition, data for 2023.
Published values in that edition run from 23 to 54.58; lower is better.
Position 26th of 60 · derived, 1st = worst.
Palma RatioWorld Bank Group · 2023 · world median 1.3321.4161.332▲ Improved since 2013
Georgia: 1.416 · world median 1.332 · Palma ratio (income share of the richest 10% ÷ share of the poorest 40%). World Bank Group, 2023 edition, data for 2023.
Published values in that edition run from 0.771 to 4.193; lower is better.
Position 26th of 60 · derived, 1st = worst.
Logistics Performance IndexWorld Bank Group · 2023 · world median 2.92.72.9▲ Improved since 2014
Georgia: 2.7 · world median 2.9 · LPI score (1–5). World Bank Group, 2023 edition, data for 2023.
Published values in that edition run from 1.9 to 4.3; higher is better.
Ranked 79th of 139 by World Bank Group.
Digitally-Deliverable Services ExportsUNCTAD · 2024 · world median 25.4218.2725.42▲ Improved since 2014
Georgia: 18.27 · world median 25.42 · Digitally-deliverable services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0.377 to 87.15; higher is better.
Position 102nd of 170 · derived.
Gini Index of Disposable Income (SWIID)Frederick Solt, University of Iowa · 2023 · world median 3335.533No real change since 2013
Georgia: 35.5 · world median 33 · Gini index of disposable household income (0–100), SWIID estimate. Frederick Solt, University of Iowa, 2023 edition, data for 2023.
Published values in that edition run from 22.3 to 51.2; lower is better.
Position 32nd of 79 · derived, 1st = worst.
Management Practices IndexWorld Bank Group · 2026 · world median 52.3950.152.39No earlier reading
Georgia: 50.1 · world median 52.39 · Management practices index, medium and large firms (0–100). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 28.07 to 69.29; higher is better.
Position 103rd of 169 · derived.
ICT Goods ExportsUNCTAD · 2024 · world median 0.9750.450.975▼ Worsened since 2014
Georgia: 0.45 · world median 0.975 · ICT goods exports (% of total goods exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0 to 61.45; higher is better.
Position 76th of 119 · derived.
Liner Shipping Connectivity IndexUNCTAD · 2026 · world median 56.2130.3256.21▲ Improved since 2016
Georgia: 30.32 · world median 56.21 · LSCI (index, average Q1 2023 = 100). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.
Published values in that edition run from 4.13 to 1,319; higher is better.
Ranked 111th of 175 by UNCTAD.
Comprehensive Wealth per CapitaWorld Bank Group · 2020 · world median 46,48617,36246,486No real change since 2010
Georgia: 17,362 · world median 46,486 · National comprehensive wealth per person (real chained 2019 US$). World Bank Group, 2020 edition, data for 2020.
Published values in that edition run from 4,276 to 1,246,092; higher is better.
Position 112th of 150 · derived.
Research and Development SpendingUIS · 2023 · world median 0.8140.2510.814▲ Improved since 2013
Georgia: 0.251 · world median 0.814 · Gross domestic expenditure on R&D (% of GDP). UNESCO Institute for Statistics (UIS), 2023 edition, data for 2023.
Published values in that edition run from 0.006 to 6.346; higher is better.
Position 63rd of 84 · derived.
Debt Service on External DebtWorld Bank Group · 2024 · world median 12.9326.5612.93▲ Improved since 2014
Georgia: 26.56 · world median 12.93 · Total debt service (% of exports of goods, services and primary income). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 0.285 to 96.2; lower is better.
Position 21st of 109 · derived, 1st = worst.
External Debt Stocks (% of GNI)World Bank Group · 2024 · world median 43.9479.6843.94No real change since 2014
Georgia: 79.68 · world median 43.94 · External debt stocks (% of GNI). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 2.213 to 350.57; lower is better.
Position 16th of 110 · derived, 1st = worst.
Interest Payments on External DebtWorld Bank Group · 2024 · world median 1.4514.0461.451No real change since 2014
Georgia: 4.046 · world median 1.451 · Interest payments on external debt (% of GNI). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 0.069 to 17.92; lower is better.
Position 11th of 112 · derived, 1st = worst.
Adjusted Net SavingsWorld Bank Group · 2021 · world median 8.389-5.5998.389▼ Worsened since 2011
Georgia: -5.599 · world median 8.389 · Adjusted net savings, including particulate emission damage (% of GNI). World Bank Group, 2021 edition, data for 2021.
Published values in that edition run from -81.62 to 32.18; higher is better.
Position 110th of 118 · derived.
Informal Output (DGE Model Estimate)World Bank Group (Prospects Group) · 2020 · world median 27.558.1927.5No real change since 2010
Georgia: 58.19 · world median 27.5 · Informal output, model estimate (% of official GDP). World Bank Group (Prospects Group), 2020 edition, data for 2020.
Published values in that edition run from 7.91 to 60.43; lower is better.
No better end28
These describe the shape of a country — more is not better or worse, only different — so they are never ahead or behind.
Services ExportsUNCTAD · 2025 · world median 9.60222.229.602No real change since 2015
Georgia: 22.22 · world median 9.602 · Services exports (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 0.085 to 166.21.
Foreign Direct Investment InflowsUNCTAD · 2025 · world median 1.9684.4171.968Moved since 2015
Georgia: 4.417 · world median 1.968 · FDI inflows (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from -32.97 to 2,221.
Household ConsumptionWorld Bank Group · 2025 · world median 62.0470.6962.04Moved since 2015
Georgia: 70.69 · world median 62.04 · Household and NPISH final consumption expenditure (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 25.21 to 133.34.
Position 39th of 131 · derived, counted from the highest value.
Exports of Goods and Services (% of GDP)World Bank Group · 2025 · world median 36.3447.4136.34Moved since 2015
Georgia: 47.41 · world median 36.34 · Exports of goods and services (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 1.103 to 199.76.
Position 42nd of 138 · derived, counted from the highest value.
Inflation, GDP DeflatorWorld Bank Group · 2025 · world median 3.3064.6373.306Moved since 2015
Georgia: 4.637 · world median 3.306 · Annual change in the GDP implicit deflator (%). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -7.93 to 227.09.
Trade (% of GDP)World Bank Group · 2025 · world median 79.68100.6379.68No real change since 2015
Georgia: 100.63 · world median 79.68 · Exports plus imports (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 2.382 to 396.65.
Position 46th of 138 · derived, counted from the highest value.
Imports of Goods and Services (% of GDP)World Bank Group · 2025 · world median 41.7253.2241.72Moved since 2015
Georgia: 53.22 · world median 41.72 · Imports of goods and services (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 1.279 to 196.89.
Position 51st of 138 · derived, counted from the highest value.
Scholarly ArticlesOurResearch · 2025 · world median 2,2404,4072,240Moved since 2022
Georgia: 4,407 · world median 2,240 · Articles with at least one author at an institution in the country (full counting). OpenAlex (OurResearch), 2025 edition, data for 2025.
Published values in that edition run from 1 to 1,094,890.
Tax Revenue (% of GDP)OECD · 2024 · world median 21.8525.0121.85No real change since 2014
Georgia: 25.01 · world median 21.85 · Total tax revenue, all levels of government (% of GDP). OECD, 2024 edition, data for 2024.
Published values in that edition run from 3.11 to 45.18.
Export Concentration IndexUNCTAD · 2025 · world median 0.3060.3660.306Moved since 2015
Georgia: 0.366 · world median 0.306 · Export concentration index (0–1, normalised Herfindahl–Hirschman). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 0.059 to 0.933.
Merchant Fleet by Country of OwnershipUNCTAD · 2026 · world median 275.73572.34275.73Moved since 2016
Georgia: 572.34 · world median 275.73 · Merchant fleet owned (thousand dead-weight tons). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.
Published values in that edition run from 0 to 397,071.
Terms of Trade IndexUNCTAD · 2025 · world median 103.23104.07103.23Moved since 2015
Georgia: 104.07 · world median 103.23 · Terms of trade index (2015 = 100). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 38.2 to 1,448.
Total Natural Resources Rents (% of GDP)World Bank Group · 2021 · world median 1.7081.3891.708Moved since 2011
Georgia: 1.389 · world median 1.708 · Natural resources rents (% of GDP). World Bank Group, 2021 edition, data for 2021.
Published values in that edition run from 0 to 61.03.
Position 104th of 180 · derived, counted from the highest value.
Agriculture, Forestry and Fishing Value Added (% of GDP)World Bank Group · 2025 · world median 6.5725.1826.572Moved since 2015
Georgia: 5.182 · world median 6.572 · Agriculture, forestry and fishing value added (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 0.025 to 47.59.
Position 89th of 158 · derived, counted from the highest value.
Price Level of Household ConsumptionGGDC · 2023 · world median 0.5230.4440.523Moved since 2013
Georgia: 0.444 · world median 0.523 · Price level of household consumption (US output price level in 2021 = 1). Groningen Growth and Development Centre (GGDC), 2023 edition, data for 2023.
Published values in that edition run from 0.177 to 65.54.
Complexity Outlook IndexGrowth Lab at Harvard University · 2024 · world median -0.225-0.586-0.225Moved since 2014
Georgia: -0.586 · world median -0.225 · Complexity Outlook Index (standardised; roughly −2.5 to +3). Growth Lab at Harvard University, 2024 edition, data for 2024.
Published values in that edition run from -1.682 to 2.878.
Gross Savings (% of GDP)World Bank Group · 2024 · world median 22.0619.1822.06Moved since 2014
Georgia: 19.18 · world median 22.06 · Gross savings (% of GDP). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from -21.13 to 47.82.
Position 92nd of 146 · derived, counted from the highest value.
Gross Capital Formation (% of GDP)World Bank Group · 2025 · world median 22.9321.2822.93Moved since 2015
Georgia: 21.28 · world median 22.93 · Gross capital formation (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -3.679 to 45.27.
Position 83rd of 131 · derived, counted from the highest value.
Creative Services ExportsUNCTAD · 2024 · world median 6.1712.4016.171Moved since 2014
Georgia: 2.401 · world median 6.171 · Creative services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0.002 to 63.91.
General Government ConsumptionWorld Bank Group · 2025 · world median 16.2113.8516.21Moved since 2015
Georgia: 13.85 · world median 16.21 · General government final consumption expenditure (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 5.445 to 38.94.
Position 86th of 132 · derived, counted from the highest value.
Creative Goods ExportsUNCTAD · 2024 · world median 1.2350.5141.235Moved since 2014
Georgia: 0.514 · world median 1.235 · Creative goods exports (% of merchandise exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0 to 37.23.
Commodity Export DependenceUNCTAD · 2024 · world median 67.1740.9567.17No real change since 2014
Georgia: 40.95 · world median 67.17 · Commodity exports (% of merchandise exports, three-year average). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 4.605 to 99.77.
Manufacturing Value Added (% of GDP)World Bank Group · 2025 · world median 11.267.98711.26Moved since 2015
Georgia: 7.987 · world median 11.26 · Manufacturing value added (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 0.481 to 43.97.
Position 93rd of 132 · derived, counted from the highest value.
Industry Value Added including Construction (% of GDP)World Bank Group · 2025 · world median 24.6518.624.65Moved since 2015
Georgia: 18.6 · world median 24.65 · Industry, including construction, value added (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 2.228 to 75.09.
Position 121st of 158 · derived, counted from the highest value.
Container Port TrafficUNCTAD · 2024 · world median 1,827,788636,4971,827,788Moved since 2014
Georgia: 636,497 · world median 1,827,788 · Container port traffic (TEU, twenty-foot equivalent units). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 17,263 to 299,703,800.
Position 79th of 103 · derived, counted from the highest value.
Statutory Corporate Income Tax RateOECD · 2026 · world median 241524No real change since 2016
Georgia: 15 · world median 24 · Combined statutory corporate income tax rate, central and sub-central government (%). OECD, 2026 edition, data for 2026.
Published values in that edition run from 0 to 36.13.
Tariff Rate, Applied, Weighted Mean, All ProductsWorld Bank Group · 2022 · world median 3.660.423.66No real change since 2012
Georgia: 0.42 · world median 3.66 · Applied tariff rate, trade-weighted mean (%). World Bank Group, 2022 edition, data for 2022.
Published values in that edition run from 0 to 29.52.
Statutory Minimum WageILO · 2024 · world median 657.9518.6657.95No real change since 2014
Georgia: 18.6 · world median 657.95 · Statutory minimum wage per month (2021 PPP $). International Labour Organization (ILO), 2024 edition, data for 2024.
Published values in that edition run from 4.038 to 3,804.
No current reading for Georgia
Average Monthly Earnings of Employees (last 2023), Foreign Value Added Share of Gross Exports and Total Factor Productivity Level. Listed rather than hidden, so the page can be checked against it.
“Position · derived” is this site’s ordering of the published values, 1st = best unless the row says otherwise; the publisher ranks no country on it. Rank, position and standing
05Country Index 2026
Economy & Innovation among Georgia’s 16 topics
Economy & Innovation is Georgia’s 4th best-placed topic of 16. Strongest first, each marker at its share of that topic’s field.
- Energy38th of 1653/3 keys
- Development & Human Capital52nd of 1963/3 keys
- Governance & Institutions53rd of 1944/4 keys
- Economy & Innovation54th of 1764/4 keys
- Health & Wellbeing74th of 2004/4 keys
- Education & Knowledge81st of 1983/4 keys
- Gender & Equality77th of 1834/4 keys
- Risk & Resilience82nd of 1934/4 keys
- Digital & Technology93rd of 1984/4 keys
- Environment & Sustainabilityjoint 91st of 1863/4 keys
- Mobility & Trade89th of 1774/4 keys
- Democracy & Civil Liberties109th of 1984/4 keys
- Food & Agriculture102nd of 1844/4 keys
- Poverty & Inequality91st of 1592/3 keys
- Work & Labour132nd of 1824/4 keys
- Peace & Securityjoint 140th of 1774/4 keys
06The top of the list
Who leads on economy & innovation
The three countries placed highest of 176, and the leaders Georgia can most readily be measured against.
1
AustriaWestern Europe
1st of 176 · 4 of 4 keys
Photo: chensiyuan · CC BY-SA 4.0, greyscale
2
JapanEastern Asia
2nd of 176 · 4 of 4 keys
Photo: JurriaanH · CC BY-SA 3.0, greyscale
3
GermanyWestern Europe
3rd of 176 · 4 of 4 keys
Placed highest nearby
Highest in Asia
Japan2nd4/4 keysHighest in Western Asia
Israel13th4/4 keysThis page
Georgia54th4/4 keys
Positions out of 176 placed on the topic. A country needs readings on enough keys to be placed, and the top of the list is often held on fewer of them.
07Analysis
Charts and analysis about Georgia and economy & innovation
On economy & innovation
China Leads Global High-Technology Exports
The world’s ten largest high-technology exporters as a treemap, with the rest of the world beside them. Each country’s figure is its own most recent year, between 2022 and 2024.
On economy & innovation
India vs Pakistan 2025: Comparison of Hunger Index, Happiness, HDI, Rule of Law, Literacy & GDP
India and Pakistan on six published measures: hunger, happiness, human development, rule of law, literacy and GDP per capita, each from its own publisher and year.
On economy & innovation
Countries in Asia with the highest average salaries 2024
Thirteen Asian countries by gross average monthly wage, each carrying its WORLD rank rather than an Asian one — so the numbers skip, from 11th place to 45th.
08Questions
Georgia on economy & innovation: questions answered
Every answer is built from the numbers on this page, so none can say something the page does not.
How does Georgia rank on economy & innovation?
Georgia is placed 54th of 176 countries on Economy & Innovation in the Country Index 2026, from 4 of its 4 key statistics (GDP per Capita (PPP), Firms with a Bank Loan or Line of Credit, Economic Complexity Index and Account Ownership at a Financial Institution). The position is this site’s ordering of published statistics, not a rank any publisher printed.
What is the latest GDP per Capita (PPP) figure for Georgia?
25,136 in 2025 (gDP per capita (constant 2021 international $, PPP)), according to World Bank Group. The world median in the same edition was 17,265.
What is the latest Firms with a Bank Loan or Line of Credit figure for Georgia?
53.35 in 2025 (firms with a bank loan or line of credit (%)), according to World Bank Group. The world median in the same edition was 35.95.
How does Georgia compare with Russia on economy & innovation?
Russia is placed 66th of 176, and Georgia 54th. GDP per Capita (PPP): Russia 42,358, Georgia 25,136; Firms with a Bank Loan or Line of Credit: Russia 33.47, Georgia 53.35; Economic Complexity Index: Russia 0.243, Georgia 0.259; Account Ownership at a Financial Institution: Russia 79.34, Georgia 78.82.
How have Georgia’s economy & innovation figures changed?
GDP per Capita (PPP) rose from 5,706 in 2000 to 25,136 in 2025; Economic Complexity Index fell from 0.663 in 2000 to 0.259 in 2024; Account Ownership at a Financial Institution rose from 32.98 in 2011 to 78.82 in 2024.
Which economy & innovation statistics are missing for Georgia?
No current reading is published for Georgia on Average Monthly Earnings of Employees, Foreign Value Added Share of Gross Exports and Total Factor Productivity Level. They are listed rather than hidden, so the evidence on the page can be checked against it.
09Method
Method, sources and how to cite
What this topic does not measure
The total size of an economy is deliberately left out: a very large economy spread over a very large population is not doing more for each person. Growth rates, trade shares and the structure of output (how much is farming, industry or services) are published here as context, because they describe an economy's shape rather than how well it serves people. Jobs and wages have their own topic, Work & Labour.
How the Economy & Innovation standing is decided
A standing is this site’s ordering, named with its edition — never a publisher’s rank. 4 key statistics vote, one vote each; every country’s published value becomes a place within that key’s own field, the places are averaged, and the average is never published. A country needs 2 of the 4 keys to be placed.
The economy & innovation method, step by stepHow every standing on this site is built
The key statistics and their licences
- GDP per Capita (PPP) — World Bank Group, CC BY 4.0
- Firms with a Bank Loan or Line of Credit — World Bank Group, CC BY 4.0
- Economic Complexity Index — Growth Lab at Harvard University, CC0 1.0
- Account Ownership at a Financial Institution — World Bank Group, CC BY 4.0
The other 67 statistics on this page come from 15 publishers, each named beside its numbers, with every edition and licence on the datasets pages.
The standing itself is part of the Country Index 2026, published under CC BY-SA 4.0.
Photographs
Georgia’s banner and the countries placed highest, from their profiles: Wikimedia Commons, shown in greyscale, each used under the licence named.
- Georgia (banner) — Philipp Weigell derivative work: Inkey, CC BY 3.0
- Austria — chensiyuan, CC BY-SA 4.0
- Japan — JurriaanH, CC BY-SA 3.0
- Germany — dronepicr, CC BY 2.0
Cite this page
Nations Inquiry (2026). Georgia: Economy & Innovation — standing and statistics, Country Index 2026. https://nationsinquiry.com/countries/georgia/economy