Georgia Inflation Rate 1995-2022

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 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.
  • Georgia inflation rate for 2018 was 2.62%, a 3.42% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 382.82%
Zambia 22.02%
Nigeria 16.95%
Kyrgyz Republic 11.91%
Ghana 9.97%
Georgia 9.57%
Pakistan 9.50%
Bhutan 7.35%
Mongolia 7.10%
Sri Lanka 7.01%
Kenya 6.11%
Lesotho 6.05%
Tunisia 5.71%
Egypt 5.55%
Bangladesh 5.55%
India 5.13%
Moldova 5.11%
Nicaragua 4.93%
Papua New Guinea 4.48%
Honduras 4.48%
Philippines 3.93%
Lao PDR 3.76%
El Salvador 3.47%
Kosovo 3.35%
Cambodia 2.92%
Vanuatu 2.34%
Cameroon 2.27%
Cabo Verde 1.86%
Vietnam 1.83%
Republic of Congo 1.72%
Indonesia 1.56%
Morocco 1.40%
West Bank and Gaza 1.24%
Bolivia 0.74%
Solomon Islands -0.12%
Georgia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%