Georgia Trade to GDP Ratio 1987-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Georgia trade to gdp ratio for 2023 was 106.31%, a 8.38% decline from 2022.
  • Georgia trade to gdp ratio for 2022 was 114.70%, a 13.09% increase from 2021.
  • Georgia trade to gdp ratio for 2021 was 101.60%, a 8.71% increase from 2020.
  • Georgia trade to gdp ratio for 2020 was 92.89%, a 24.92% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Djibouti 342.70%
Mongolia 147.24%
Cambodia 113.54%
Kosovo 110.23%
Tunisia 109.13%
Georgia 106.31%
Nicaragua 104.87%
Kiribati 99.89%
Honduras 97.95%
Mauritania 96.35%
Republic of Congo 96.21%
Morocco 96.21%
Moldova 95.13%
Micronesia 94.88%
Cabo Verde 93.87%
West Bank and Gaza 86.52%
El Salvador 80.92%
Zambia 79.88%
Ukraine 78.10%
Uzbekistan 71.96%
Ghana 69.04%
Philippines 67.40%
Angola 66.53%
Bolivia 58.85%
India 45.85%
Sri Lanka 42.28%
Indonesia 41.32%
Egypt 40.45%
Cameroon 38.60%
Kenya 32.42%
Bangladesh 30.98%
Pakistan 28.10%
Sudan 2.21%
Georgia Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 106.31% -8.38%
2022 114.70% 13.09%
2021 101.60% 8.71%
2020 92.89% -24.92%
2019 117.81% 7.96%
2018 109.85% 7.26%
2017 102.58% 7.66%
2016 94.93% -2.09%
2015 97.02% 2.07%
2014 94.95% 1.14%
2013 93.81% 4.08%
2012 89.73% 4.27%
2011 85.47% 3.79%
2010 81.67% 3.48%
2009 78.19% -8.11%
2008 86.30% -2.10%
2007 88.39% -0.73%
2006 89.13% 4.60%
2005 84.53% 5.49%
2004 79.04% 1.41%
2003 77.63% 6.00%
2002 71.63% 8.30%
2001 63.33% 0.67%
2000 62.66% 5.51%
1999 57.15% 3.59%
1998 53.57% -4.19%
1997 57.75% 12.06%
1996 45.70% -22.13%
1995 67.83% -99.07%
1994 166.90% 48.26%
1993 118.64% 16.70%
1992 101.94% 43.09%
1991 58.85% -26.48%
1990 85.33% -2.17%
1989 87.50% -1.54%
1988 89.04% 6.65%
1987 82.39% 6.65%