Gross fixed capital formation, General government, Constant prices in Georgia
Georgia: Gross fixed capital formation, General government, Constant prices was 3.78 in 2019. ◆ Volatile
Gross fixed capital formation, General government, Constant prices in Georgia, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, general government, constant prices in Georgia stood at 3.78.
The figure is up 40.8% on the previous year and up 75.6% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Georgia peaked at 5.47 in 1990 and was at its lowest, 0.055, in 1993.
That places Georgia 86th out of 173 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, General government, Constant prices in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 1.03 | — |
| 1961 | 1.07 | +4.0% |
| 1962 | 1.11 | +4.0% |
| 1963 | 1.16 | +4.0% |
| 1964 | 1.2 | +4.0% |
| 1965 | 1.25 | +4.0% |
| 1966 | 1.3 | +4.0% |
| 1967 | 1.35 | +4.0% |
| 1968 | 1.41 | +4.0% |
| 1969 | 1.46 | +4.0% |
| 1970 | 1.52 | +4.0% |
| 1971 | 1.58 | +4.0% |
| 1972 | 1.65 | +4.0% |
| 1973 | 1.71 | +4.0% |
| 1974 | 1.78 | +4.0% |
| 1975 | 1.85 | +4.0% |
| 1976 | 1.93 | +4.0% |
| 1977 | 2 | +4.0% |
| 1978 | 2.08 | +4.0% |
| 1979 | 2.17 | +4.0% |
| 1980 | 2.25 | +4.0% |
| 1981 | 2.34 | +4.0% |
| 1982 | 2.44 | +4.0% |
| 1983 | 2.53 | +4.0% |
| 1984 | 2.64 | +4.0% |
| 1985 | 2.74 | +4.0% |
| 1986 | 2.85 | +4.0% |
| 1987 | 2.96 | +4.0% |
| 1988 | 3.08 | +4.0% |
| 1989 | 3.21 | +4.0% |
| 1990 | 5.47 | +70.5% |
| 1991 | 3.51 | -35.7% |
| 1992 | 1.78 | -49.4% |
| 1993 | 0.055 | -96.9% |
| 1994 | 0.2781 | +405.2% |
| 1995 | 1.6 | +474.8% |
| 1996 | 0.258 | -83.9% |
| 1997 | 0.3044 | +18.0% |
| 1998 | 0.3617 | +18.8% |
| 1999 | 0.3399 | -6.0% |
| 2000 | 0.1467 | -56.8% |
| 2001 | 0.2648 | +80.5% |
| 2002 | 0.2865 | +8.2% |
| 2003 | 0.4202 | +46.7% |
| 2004 | 0.8715 | +107.4% |
| 2005 | 1.25 | +43.7% |
| 2006 | 1.87 | +49.4% |
| 2007 | 2.34 | +25.1% |
| 2008 | 2.22 | -5.1% |
| 2009 | 2.15 | -3.2% |
| 2010 | 2.39 | +11.2% |
| 2011 | 2.4 | +0.4% |
| 2012 | 2.31 | -3.9% |
| 2013 | 1.6 | -30.7% |
| 2014 | 1.7 | +6.4% |
| 2015 | 2 | +17.5% |
| 2016 | 1.81 | -9.8% |
| 2017 | 2.3 | +27.4% |
| 2018 | 2.68 | +16.7% |
| 2019 | 3.78 | +40.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.23 | 1.03 | 1.46 | 10 |
| 1970s | 1.83 | 1.52 | 2.17 | 10 |
| 1980s | 2.7 | 2.25 | 3.21 | 10 |
| 1990s | 1.4 | 0.055 | 5.47 | 10 |
| 2000s | 1.18 | 0.1467 | 2.34 | 10 |
| 2010s | 2.3 | 1.6 | 3.78 | 10 |
Countries ranked near Georgia
More public sector data for Georgia
- Arms imports 17.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 4.46 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -100 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 17.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 161.54 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.018 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 21.14 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 615.86 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 0 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Georgia?
- Gross fixed capital formation, general government, constant prices in Georgia was 3.78 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in Georgia?
- The highest recorded value was 5.47 in 1990.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Georgia?
- The lowest recorded value was 0.055 in 1993.
- How does Georgia rank for gross fixed capital formation, general government, constant prices?
- Georgia ranks 86th out of 173 countries with data for 2019.
- Is gross fixed capital formation, general government, constant prices rising or falling in Georgia?
- Over the last ten years it is up 75.6%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.