Georgia: Imports of goods and services (% of GDP)
In , Georgia's Imports of goods and services (% of GDP) was 55.64.
That's down 3.9% from 2023, the highest value since .
The global average for this indicator in 2024 was 47.94 . Georgia ranks #53 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #23 of 49.
Source: World Bank Open Data (NE.IMP.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
- 63.51
- Trough
- 48.65
- 1-year change
- -3.9%
- 5-year change
- -12.4%
- -2.6% / yr
- 10-year change
- -0.2%
- 0.0% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 55.6414 | |
| 57.8841 | |
| 62.2166 | |
| 58.9265 | |
| 55.9908 | |
| 63.5058 | |
| 60.1522 | |
| 56.7077 | |
| 54.9270 | |
| 56.8791 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Georgia's Imports of goods and services (% of GDP) in 2024?
- In 2024, Georgia's Imports of goods and services (% of GDP) was 55.64, according to World Bank Open Data.
- Is Georgia's Imports of goods and services (% of GDP) rising or falling?
- Georgia's Imports of goods and services (% of GDP) fell 3.9% from 2023 to 2024.
- How does Georgia rank globally on Imports of goods and services (% of GDP)?
- In 2024, Georgia ranked #53 out of 160 countries reporting Imports of goods and services (% of GDP).
- How does Georgia's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so Georgia is above the world average. Within Europe & Central Asia, it ranks #23 of 49.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.IMP.GNFS.ZS), CC BY 4.0.