Georgia Inflation Rate (1995-2024)

Georgia inflation rate for 2024 was 1.11%, a 1.38% decline from 2023.
  • Georgia inflation rate for 2023 was 2.49%, a 9.41% decline from 2022.
  • Georgia inflation rate for 2022 was 11.90%, a 2.33% increase from 2021.
  • Georgia inflation rate for 2021 was 9.57%, a 4.36% increase from 2020.
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.