Georgia Trade to GDP Ratio 1987-2023

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 2022 was 115.92%, a 13.1% increase from 2021.
  • Georgia trade to gdp ratio for 2021 was 102.82%, a 8.95% increase from 2020.
  • Georgia trade to gdp ratio for 2020 was 93.88%, a 24.72% decline from 2019.
  • Georgia trade to gdp ratio for 2019 was 118.60%, a 6.84% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Cambodia 162.41%
Mongolia 144.95%
Mauritania 124.17%
Georgia 115.92%
Nicaragua 115.18%
Republic of Congo 111.63%
Moldova 110.89%
Kosovo 109.28%
Tunisia 107.40%
Honduras 105.92%
Micronesia 101.36%
Morocco 98.65%
Cabo Verde 95.50%
Ukraine 87.71%
El Salvador 86.80%
West Bank and Gaza 85.90%
Solomon Islands 73.73%
Philippines 72.42%
Myanmar 72.37%
Uzbekistan 71.58%
Vanuatu 69.67%
Zambia 65.59%
Ghana 52.55%
India 49.37%
Sri Lanka 46.52%
Indonesia 45.39%
Cameroon 39.91%
Egypt 36.98%
Bangladesh 33.78%
Kenya 33.73%
Pakistan 32.32%
Sudan 2.70%
Georgia Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 115.92% 13.10%
2021 102.82% 8.95%
2020 93.88% -24.72%
2019 118.60% 6.84%
2018 111.76% 7.72%
2017 104.04% 7.21%
2016 96.83% -1.94%
2015 98.77% 1.99%
2014 96.77% 1.17%
2013 95.60% 3.66%
2012 91.94% 4.40%
2011 87.55% 4.65%
2010 82.90% 4.71%
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%