Georgia: Exports of goods and services (% of GDP)
In , Georgia's Exports of goods and services (% of GDP) was 47.82.
That's down 2.9% from 2023, the highest value since .
The global average for this indicator in 2024 was 44.26 . Georgia ranks #52 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #25 of 49.
Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 54.30
- Trough
- 28.26
- 1-year change
- -2.9%
- 5-year change
- -11.9%
- -2.5% / yr
- 10-year change
- +22.0%
- +2.0% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 47.8151 | |
| 49.2671 | |
| 52.4789 | |
| 42.6744 | |
| 36.9003 | |
| 54.3043 | |
| 49.6955 | |
| 45.8766 | |
| 39.9993 | |
| 40.1372 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Georgia's Exports of goods and services (% of GDP) in 2024?
- In 2024, Georgia's Exports of goods and services (% of GDP) was 47.82, according to World Bank Open Data.
- Is Georgia's Exports of goods and services (% of GDP) rising or falling?
- Georgia's Exports of goods and services (% of GDP) fell 2.9% from 2023 to 2024.
- How does Georgia rank globally on Exports of goods and services (% of GDP)?
- In 2024, Georgia ranked #52 out of 160 countries reporting Exports of goods and services (% of GDP).
- How does Georgia's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Georgia is above the world average. Within Europe & Central Asia, it ranks #25 of 49.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.