Macro Index Overview / Europe & Central Asia / GEO
Georgia ยท Year 2023
Country:
Year:
Sovereign Economic Dossier ISO: GEO GE

Georgia

Includes self-governed areas only, which mostly exclude Abkhazia and South Ossetia, but small areas in Abkhazia and South Ossetia are included before 2008 or 2009 because of the changes in self-governed areas.

Europe & Central Asia Upper middle income Blocs: Other Tbilisi

Global Rank (2023)

#97 / 205

Top 47% of global economies

Composite Score (2023)

59.1 / 100

Living Standard (2023)

$6,181

Subscore: 53.64 / 100

CPI Inflation (2023)

2.49%

Stability Score: 97.44 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 53.64

Raw: $6,181 (2015 USD)

Price Stability (25%) 97.44

Raw: 2.49% (Anchor: 3.0%)

External Solvency (25%) 31.57

Raw: -5.53% of GDP

Economic Scale (15%) 53.86

Raw: $30.8B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Monetary Discipline & Price Anchor Focused

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Georgia's global competitive ranking by accentuating its comparative strengths.

Peak Rank #16 / 205
Default Rank #97
+81 Ranks
Living Standards 0%
Baseline: 35%
Price Stability 100%
Baseline: 25%
External Solvency 0%
Baseline: 25%
Economic Scale 0%
Baseline: 15%

Policy Insight & Strategic Advantage: Georgia benefits most from its anchored inflation regime near the 3.0% target band while competitors face price volatility.

Under this bespoke weighting, Georgia's composite score climbs to 97.4 (compared to 59.1 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking Georgia's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
Georgia (GEO)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #97 / 205 โ€ข Composite Score: 59.1 / 100 โ€ข Living Standard: $6,181 โ€ข Inflation: 2.49%
#1#50#100#150#20019601970198019902000201020202025#97
Hover or click any node along the curve to inspect that historical year in real time
Primary: Georgia Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B
Georgia (GEO) Active#9759.1$6,1812.49%-5.53%$30.8B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Georgia

Metric:
Selected Era: 2023 ยท Click any node to select
100755025038.619701970s41.319801980s47.419901990s48.420002000s46.520102010s49.020202020s59.12023Recent