Georgia Inflation Rate 1995-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Georgia inflation rate for 2022 was 11.90%, a 2.33% increase from 2021.
  • Georgia inflation rate for 2021 was 9.57%, a 4.36% increase from 2020.
  • Georgia inflation rate for 2020 was 5.20%, a 0.35% increase from 2019.
  • Georgia inflation rate for 2019 was 4.85%, a 2.24% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 138.81%
Sri Lanka 49.72%
Ghana 31.26%
Moldova 28.74%
Lao PDR 22.96%
Ukraine 20.18%
Pakistan 19.87%
Nigeria 18.85%
Sao Tome and Principe 18.01%
Mongolia 15.15%
Kyrgyz Republic 13.92%
Egypt 13.90%
Georgia 11.90%
Kosovo 11.58%
Uzbekistan 11.45%
Zambia 10.99%
Nicaragua 10.47%
Mauritania 9.53%
Honduras 9.09%
Tunisia 8.31%
Lesotho 8.27%
Bangladesh 7.70%
Kenya 7.66%
El Salvador 7.20%
India 6.70%
Morocco 6.66%
Cameroon 6.25%
Philippines 5.82%
Bhutan 5.64%
Solomon Islands 5.52%
Micronesia 5.41%
Cambodia 5.34%
Djibouti 5.18%
Indonesia 4.21%
Vietnam 3.16%
Republic of Congo 3.04%
Bolivia 1.75%
Georgia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 11.90% 2.33%
2021 9.57% 4.36%
2020 5.20% 0.35%
2019 4.85% 2.24%
2018 2.62% -3.42%
2017 6.04% 3.90%
2016 2.13% -1.87%
2015 4.00% 0.93%
2014 3.07% 3.58%
2013 -0.51% 0.43%
2012 -0.94% -9.49%
2011 8.54% 1.43%
2010 7.11% 5.38%
2009 1.73% -8.27%
2008 10.00% 0.75%
2007 9.24% 0.08%
2006 9.16% 0.91%
2005 8.25% 2.59%
2004 5.66% 4.82%
2003 0.84% -4.75%
2002 5.59% 0.94%
2001 4.65% 0.58%
2000 4.06% -15.13%
1999 19.19% 15.63%
1998 3.57% -3.52%
1997 7.09% -32.27%
1996 39.36% -123.36%
1995 162.72% -123.36%