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Inflation, CPI (Average) rose 8.26% to 5.25% in Georgia in 2020

Inflation, CPI (Average) (%), 2020
Economy | Georgia | February 1, 2021
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Average inflation measured by CPI rose 8.26% to 5.25% in Georgia in 2020, according to the National Statistical Office.

Historically, average inflation measured by CPI in Georgia reached an all time high of 163% in 1995 and an all time low of -0.944% in 2012. When compared to Georgia's main peers, average inflation measured by CPI in Armenia amounted to 0.913%, 3.00% in Azerbaijan, 3.22% in Russia and 11.9% in Turkey in 2020.

Georgia has been ranked 42nd within the group of 172 countries we follow in terms of average inflation measured by CPI, 6 places below the position seen 10 years ago.

Inflation, CPI (Average) Unit 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Armenia % 7.20% 8.54% 7.00% 5.02% 4.49%
Azerbaijan % 6.66% 12.2% 10.8% 8.00% 6.00%
Bulgaria % 2.84% 12.4% 5.24% 2.19% 2.00%
China % 0.853% 2.17% 2.24% 1.86% 2.00%
Georgia % 9.57% 11.6% 5.96% 2.97% 3.02%
Germany % 3.21% 8.46% 7.19% 3.53% 2.56%
Greece % 0.574% 9.17% 3.20% 1.62% 1.78%
Iran % 40.1% 40.0% 40.0% 30.0% 25.0%
Iraq % 6.04% 6.47% 4.52% 2.97% 2.15%
Japan % -0.235% 1.99% 1.39% 1.04% 0.996%
Russia % 6.69% 13.8% 5.04% 4.00% 4.00%
Turkey % 19.6% 73.1% 51.2% 24.2% 17.2%
USA % 4.69% 8.05% 3.51% 2.23% 2.04%