Georgia - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in Georgia was $15,864,360,000 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between $17,620,700,000 in 2014 and $2,468,775,000 in 1994.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1992 $3,672,830,000
1993 $2,658,633,000
1994 $2,468,775,000
1995 $2,574,034,000
1996 $3,012,276,000
1997 $3,572,642,000
1998 $3,700,303,000
1999 $3,474,006,000
2000 $3,214,986,000
2001 $3,138,943,000
2002 $3,361,550,000
2003 $3,922,306,000
2004 $4,742,682,000
2005 $5,913,414,000
2006 $7,399,046,000
2007 $9,175,750,000
2008 $10,858,920,000
2009 $11,243,320,000
2010 $12,144,960,000
2011 $13,215,700,000
2012 $15,483,110,000
2013 $16,836,860,000
2014 $17,620,700,000
2015 $16,438,280,000
2016 $15,220,340,000
2017 $15,049,350,000
2018 $16,629,270,000
2019 $17,433,650,000
2020 $15,864,360,000

GNI (current US$)

The latest value for GNI (current US$) in Georgia was $15,107,730,000 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between $17,397,200,000 in 2014 and $2,469,185,000 in 1994.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1992 $3,665,595,000
1993 $2,655,566,000
1994 $2,469,185,000
1995 $2,574,158,000
1996 $3,023,690,000
1997 $3,637,920,000
1998 $3,804,198,000
1999 $2,946,926,000
2000 $3,094,875,000
2001 $3,239,489,000
2002 $3,406,128,000
2003 $4,000,784,000
2004 $5,199,165,000
2005 $6,471,624,000
2006 $7,906,494,000
2007 $10,208,880,000
2008 $12,735,780,000
2009 $10,723,240,000
2010 $12,026,110,000
2011 $14,681,540,000
2012 $16,316,000,000
2013 $16,872,450,000
2014 $17,397,200,000
2015 $14,615,250,000
2016 $14,440,360,000
2017 $15,447,500,000
2018 $16,915,010,000
2019 $16,699,330,000
2020 $15,107,730,000

GNI (current LCU)

The value for GNI (current LCU) in Georgia was 46,969,940,000 as of 2020. As the graph below shows, over the past 28 years this indicator reached a maximum value of 47,060,390,000 in 2019 and a minimum value of 148,200 in 1992.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1992 148,200
1993 16,120,000
1994 886,261,000
1995 2,324,239,000
1996 3,779,448,000
1997 4,720,202,000
1998 5,287,138,000
1999 5,966,102,000
2000 6,117,021,000
2001 6,715,460,000
2002 7,478,835,000
2003 8,584,483,000
2004 9,965,759,000
2005 11,731,110,000
2006 14,076,720,000
2007 17,053,940,000
2008 18,986,500,000
2009 17,913,170,000
2010 21,434,130,000
2011 24,760,420,000
2012 26,942,620,000
2013 28,065,640,000
2014 30,718,240,000
2015 33,166,390,000
2016 34,176,000,000
2017 38,765,500,000
2018 42,864,320,000
2019 47,060,390,000
2020 46,969,940,000

GNI (constant 2010 US$)

The latest value for GNI (constant 2010 US$) in Georgia was 15,746,260,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 16,937,650,000 in 2019 and 11,540,810,000 in 2010.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2010 11,540,810,000
2011 12,268,500,000
2012 13,279,540,000
2013 13,651,080,000
2014 14,328,810,000
2015 14,615,250,000
2016 14,680,600,000
2017 15,325,030,000
2018 16,235,500,000
2019 16,937,650,000
2020 15,746,260,000

GNI (constant LCU)

The value for GNI (constant LCU) in Georgia was 35,732,990,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 38,436,610,000 in 2019 and a minimum value of 26,189,560,000 in 2010.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2010 26,189,560,000
2011 27,840,910,000
2012 30,135,260,000
2013 30,978,390,000
2014 32,516,360,000
2015 33,166,390,000
2016 33,314,680,000
2017 34,777,090,000
2018 36,843,220,000
2019 38,436,610,000
2020 35,732,990,000

GNI, PPP (current international $)

The latest value for GNI, PPP (current international $) in Georgia was 52,287,720,000 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between 55,533,660,000 in 2019 and 8,224,625,000 in 1994.

Definition: PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1992 12,557,600,000
1993 8,995,479,000
1994 8,224,625,000
1995 8,381,970,000
1996 9,703,664,000
1997 11,578,870,000
1998 12,264,780,000
1999 12,795,070,000
2000 12,812,350,000
2001 13,640,960,000
2002 14,569,480,000
2003 16,469,950,000
2004 18,107,950,000
2005 20,363,420,000
2006 23,213,210,000
2007 26,381,440,000
2008 27,320,720,000
2009 26,539,640,000
2010 28,134,210,000
2011 30,519,610,000
2012 36,257,010,000
2013 38,723,290,000
2014 42,492,960,000
2015 44,015,460,000
2016 45,709,830,000
2017 48,181,540,000
2018 52,275,310,000
2019 55,533,660,000
2020 52,287,720,000

GNI, PPP (constant 2011 international $)

The latest value for GNI, PPP (constant 2011 international $) in Georgia was 49,505,870,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 53,251,590,000 in 2019 and 36,284,040,000 in 2010.

Definition: PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2010 36,284,040,000
2011 38,571,880,000
2012 41,750,560,000
2013 42,918,670,000
2014 45,049,430,000
2015 45,950,010,000
2016 46,155,460,000
2017 48,181,540,000
2018 51,044,040,000
2019 53,251,590,000
2020 49,505,870,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts