Annual Inflation Visualization (Georgia)

Source: World Bank (1961-2023)

369.60% Historical average
15444.42% Maximum recorded
-4.53% Minimum recorded
63 Years of data

Historical Inflation Calculator for Georgia

Calculate how the value of money has changed between two specific years in Georgia.

Future Value Estimation

Estimate how the value of an amount of money will change in the future, given an average inflation rate.

Past Value Estimation

Estimate what the equivalent value of an amount of money would have been in the past, given an average inflation rate.

Historical inflation data for Georgia

Year Inflation (%) Change
2023 2.95% -5.19pp
2022 8.14% -2.09pp
2021 10.23% +3.38pp
2020 6.85% +2.85pp
2019 4.00% +0.51pp
2018 3.48% -4.06pp
2017 7.55% +5.27pp
2016 2.27% -3.10pp
2015 5.38% +0.79pp
2014 4.59% +5.24pp
2013 -0.65% -0.94pp
2012 0.29% -8.88pp
2011 9.17% -6.73pp
2010 15.91% +18.04pp
2009 -2.14% -11.73pp
2008 9.59% +0.12pp
2007 9.47% +1.02pp
2006 8.45% +0.51pp
2005 7.94% -0.50pp
2004 8.43% +5.01pp
2003 3.43% -2.49pp
2002 5.92% +0.54pp
2001 5.37% +0.70pp
2000 4.68% -5.05pp
1999 9.73% +2.79pp
1998 6.94% +0.41pp
1997 6.54% -36.50pp
1996 43.03% -119.70pp
1995 162.73% -5878.74pp
1994 6041.47% -9402.95pp
1993 15444.42% +14130.13pp
1992 1314.29% +1252.14pp
1991 62.14% +39.78pp
1990 22.36% +16.94pp
1989 5.42% +7.65pp
1988 -2.23% -4.56pp
1987 2.33% -3.77pp
1986 6.10% +10.64pp
1985 -4.53% -5.81pp
1984 1.28% +4.10pp
1983 -2.82% -6.32pp
1982 3.51% -0.12pp
1981 3.63% +2.63pp
1980 1.00% -1.82pp
1979 2.82% +2.31pp
1978 0.51% -0.87pp
1977 1.37% +0.84pp
1976 0.53% -0.16pp
1975 0.69% -0.18pp
1974 0.87% +0.48pp
1973 0.39% +1.75pp
1972 -1.37% -4.51pp
1971 3.14% +3.31pp
1970 -0.17% -3.37pp
1969 3.20% +2.57pp
1968 0.63% -0.65pp
1967 1.28% +3.10pp
1966 -1.82% -1.22pp
1965 -0.61% -2.74pp
1964 2.13% +5.73pp
1963 -3.60% -8.85pp
1962 5.25% +4.56pp
1961 0.70% -

About Georgia inflation

Georgia inflation measures the annual percentage change in the general level of consumer prices. This indicator is essential to understand how the purchasing power of money varies over time. Our Georgia inflation calculator allows you to visualize these changes and calculate monetary equivalences between different years.

What is inflation?

Inflation is the sustained and generalized increase in the price level of goods and services in an economy over a period of time. When inflation rises, each monetary unit buys fewer products. The inflation rate is generally measured by the Consumer Price Index (CPI), which reflects changes in the cost of a representative basket of goods and services.

How to use this inflation calculator?

Our Georgia inflation calculator offers three tools: 1) Historical calculator: enter a value and select two years to see how purchasing power has changed. 2) Future value: estimate what your money will be worth in the future with a projected inflation rate. 3) Past value: calculate the equivalent of a current amount in the past.

Data provided by the World Bank (World Bank Open Data). Data is updated annually.

Frequently Asked Questions

What is the current inflation in Georgia?
According to the latest available World Bank data, Georgia inflation in 2023 was 2.95%. This inflation rate represents the annual percentage change in the consumer price index (CPI).
How to calculate cumulative inflation in Georgia?
To calculate cumulative inflation in Georgia, use our historical calculator. Enter an initial value, select the start year and end year. The calculator will multiply the value by each year's inflation factors to give you the equivalent value and total cumulative inflation in percentage.
What was the highest inflation recorded in Georgia?
You can check Georgia's historical inflation in the chart and table on this page. The data shows the evolution of the annual inflation rate from 1961 to 2023, allowing you to identify periods of highest and lowest inflation.
How does inflation affect purchasing power?
Inflation reduces the purchasing power of money over time. For example, if inflation is 3% per year, what costs $100 today will cost $103 next year. Our inflation calculator helps you visualize exactly how much the real value of your money has changed in Georgia.
What is the historical average inflation in Georgia?
The historical average inflation in Georgia can be calculated with the data on this page. Check the statistics in the chart section where we show the historical average, as well as the maximum and minimum values recorded during the period 1961-2023.
What is the CPI and how does it relate to inflation?
The CPI (Consumer Price Index) is an indicator that measures the price variation of a basket of goods and services representative of household consumption. The inflation rate is calculated as the percentage change in the CPI between two periods. Our Georgia inflation data is based on the official CPI.