Georgia GE: GDP: USD: Gross Value Added at Factor Cost: Services

1990 - 2016 | Yearly | USD mn | World Bank

Georgia GE: GDP: USD: Gross Value Added at Factor Cost: Services data was reported at 8.195 USD bn in 2016. This records an increase from the previous number of 8.015 USD bn for 2015. Georgia GE: GDP: USD: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 2.585 USD bn from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 9.487 USD bn in 2014 and a record low of 519.977 USD mn in 1993. Georgia GE: GDP: USD: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Georgia – Table GE.World Bank: Gross Domestic Product: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.

View Georgia's Georgia GE: GDP: USD: Gross Value Added at Factor Cost: Services from 1990 to 2016 in the chart:

Georgia Georgia GE: GDP: USD: Gross Value Added at Factor Cost: Services

What was Georgia's Georgia GE: GDP: USD: Gross Value Added at Factor Cost: Services in 2016?

Last Previous Min Max Unit Frequency Range
8,195.02 2016 8,014.63 2015 519.98 1993 9,487.09 2014 USD mn yearly 1990 - 2016

Related Indicators for Georgia GE: GDP: USD: Gross Value Added at Factor Cost: Services

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Georgia Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 28,693.990 2027 yearly 1994 - 2027
Forecast: Nominal GDP Per Capita (USD) 10,537.150 2027 yearly 1994 - 2027
Forecast: Real GDP Growth (%) 5.198 2028 yearly 1995 - 2028
GDP Deflator Growth (%) 9.4 Sep 2022 quarterly Mar 1998 - Sep 2022
GDP per Capita (USD) 5,023.229 2021 yearly 1993 - 2021
Gross Fixed Capital Formation (USD mn) 2,075.703 Jun 2024 quarterly Mar 1996 - Jun 2024
Gross National Product (GNP) (USD mn) 7,637.942 Jun 2024 quarterly Mar 1996 - Jun 2024
Gross Savings Rate (%) 20.2 Jun 2024 quarterly Mar 1996 - Jun 2024
Investment: % of GDP (%) 25.9 Jun 2024 quarterly Mar 1996 - Jun 2024
Nominal GDP (USD mn) 8,067.4 Jun 2024 quarterly Mar 2010 - Jun 2024
Nominal GDP Growth (%) 12.367 Jun 2024 quarterly Mar 1997 - Jun 2024
Private Consumption Expenditure (USD mn) 5,856.737 Jun 2024 quarterly Mar 1996 - Jun 2024
Private Consumption: % of GDP (%) 71.2 Jun 2024 quarterly Mar 1996 - Jun 2024
Public Consumption Expenditure (USD mn) 1,073.012 Jun 2024 quarterly Mar 1996 - Jun 2024
Public Consumption: % of GDP (%) 13.0 Jun 2024 quarterly Mar 1996 - Jun 2024
Real GDP Growth (%) 9.7 Dec 2022 quarterly Mar 1998 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 104.752 Jun 2024 quarterly Mar 1996 - Jun 2024
Production Last Frequency Range
Gold Production (kg) 4,908.000 2022 yearly 1992 - 2022
Industrial Production Index Growth (%) 5.8 Jun 2024 quarterly Mar 2002 - Jun 2024
Minerals Production (Metric Ton) 487,374.000 2022 yearly 2009 - 2022
Silver Production (Metric Ton) 12.674 2021 yearly 2010 - 2021
Construction and Properties Last Frequency Range
Building Permits (Unit) 10,822.000 2022 yearly 2001 - 2022
House Prices Growth (%) 7.8 Jun 2021 monthly May 2016 - Jun 2021
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.1 Jun 2024 quarterly Dec 2006 - Jun 2024
Forecast: Government Expenditure (GEL bn) 40.909 2029 yearly 1995 - 2029
Forecast: Government Net Debt (GEL bn) 49.230 2029 yearly 2000 - 2029
Forecast: Government Revenue (GEL bn) 38.047 2029 yearly 1994 - 2029
Tax Revenue (USD mn) 685.276 Oct 2024 monthly Jan 2006 - Oct 2024
National Government Debt (USD mn) 12,136.7 Sep 2024 quarterly Mar 2006 - Sep 2024
Government Debt: % of GDP (%) 38.3 Jun 2024 quarterly Mar 2006 - Jun 2024
Consolidated Fiscal Balance (USD mn) -54.835 Oct 2024 monthly Jan 2006 - Oct 2024
Tax Revenue: % of GDP (%) 26.1 Jun 2024 quarterly Mar 2006 - Jun 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 788,350.000 Sep 2024 quarterly Mar 2006 - Sep 2024
Forecast: Population (Person mn) 3.626 2028 yearly 1994 - 2028
Forecast: Unemployment Rate (%) 14.500 2029 yearly 1996 - 2029
Labour Force Participation Rate (%) 53.3 2023 yearly 1998 - 2023
Labour Productivity Growth (%) 3.38 2023 yearly 1997 - 2023
Monthly Earnings (USD) 758 Sep 2024 quarterly Mar 2007 - Sep 2024
Population (Person mn) 3.7 2023 yearly 1950 - 2023
Unemployment Rate (%) 16.40 2023 yearly 1991 - 2023

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