GDP in USD PPP terms reached 43.0 USD bil in 2018 in Georgia, according to the National Statistical Office. This is 8.15 % more than in the previous year.
Historically, GDP in USD PPP terms in Georgia reached an all time high of 43.0 USD bil in 2018 and an all time low of 7.54 USD bil in 1994. When compared to Georgia's main peers, GDP in USD PPP terms in Armenia amounted to 30.7 USD bil, 178 USD bil in Azerbaijan, 4,180 USD bil in Russia and 2,314 USD bil in Turkey in 2018.
Georgia has been ranked 118th within the group of 174 countries we follow in terms of GDP in USD PPP terms, 6 places above the position seen 10 years ago.
GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.