Inflation, CPI (Average) rose 6.00% to 3.00% in Georgia in 2020

Inflation, CPI (Average) (%), 2020
Economy | Georgia | January 1, 2021
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Average inflation measured by CPI rose 6.00% to 3.00% in Georgia in 2020, according to the National Statistical Office.

Historically, average inflation measured by CPI in Georgia reached an all time high of 3.00% in 2020 and an all time low of -0.009% in 2012. When compared to Georgia's main peers, average inflation measured by CPI in Armenia amounted to 3.85%, 3.00% in Azerbaijan, 4.80% in Russia and 14.2% in Turkey in 2020.

Georgia has been ranked 86th within the group of 171 countries we follow in terms of average inflation measured by CPI, 44 places below the position seen 10 years ago.

Inflation, CPI (Average) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Armenia % 0.010% 0.025% 0.014% 3.85% 3.94%
Azerbaijan % 0.129% 0.023% 0.026% 3.00% 3.00%
Bulgaria % 0.021% 0.028% 0.031% 2.30% 2.30%
China % 0.016% 0.021% 0.029% 2.65% 2.80%
Georgia % 0.060% 0.026% 0.049% 3.00% 3.00%
Germany % 0.015% 0.017% 0.014% 2.08% 2.29%
Greece % 0.011% 0.006% 0.003% 1.51% 1.74%
Iran % 0.080% 0.180% 0.399% 24.2% 17.5%
Iraq % 0.002% 0.004% 2.00% 2.00% 2.00%
Japan % 0.005% 0.010% 0.005% 1.66% 1.05%
Russia % 0.037% 0.029% 0.045% 4.80% 4.80%
Turkey % 0.111% 0.163% 0.152% 14.2% 13.4%
USA % 0.021% 0.024% 0.018% 2.30% 2.19%