Georgia Inflation Rate 1995-2021

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 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.
  • Georgia inflation rate for 2017 was 6.04%, a 3.9% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Zambia 15.73%
Ghana 9.95%
Pakistan 9.74%
India 6.62%
Kyrgyz Republic 6.33%
Sri Lanka 6.15%
Bangladesh 5.69%
Tunisia 5.63%
Bhutan 5.63%
Kenya 5.40%
Georgia 5.20%
Lao PDR 5.13%
Egypt 5.04%
Lesotho 4.98%
Moldova 3.77%
Mongolia 3.69%
Nicaragua 3.68%
Honduras 3.47%
Vietnam 3.22%
Solomon Islands 2.96%
Ukraine 2.73%
Philippines 2.64%
Cameroon 2.44%
Mauritania 2.39%
Bolivia 0.94%
Morocco 0.71%
Cabo Verde 0.61%
Kosovo 0.20%
El Salvador -0.37%
West Bank and Gaza -0.74%
Georgia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%