Gross fixed capital formation, private sector in Georgia
Georgia: Gross fixed capital formation, private sector was 1.71 billion current LCU in 2002. ◆ Volatile
Gross fixed capital formation, private sector in Georgia, 1993–2002
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Georgia recorded 1.71 billion current LCU for gross fixed capital formation, private sector in 2002.
Compared with earlier readings it is down 0.4% on the previous year and up 713,245.0% over ten years.
Over the whole period, gross fixed capital formation, private sector in Georgia peaked at 1.71 billion current LCU in 2001 and was at its lowest, 0 current LCU, in 1994.
That places Georgia 91st out of 105 countries with data for 2002, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 565.43 million current LCU | 0 current LCU | 1.37 billion current LCU | 7 |
| 2000s | 1.63 billion current LCU | 1.48 billion current LCU | 1.71 billion current LCU | 3 |
Countries ranked near Georgia
More economy & growth data for Georgia
- DEC alternative conversion factor 2.74 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 9.75 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 3.55 billion current US$ (2025)
- Taxes less subsidies on products 12.84 billion current LCU (2025)
- Taxes less subsidies on products 4.68 billion current US$ (2025)
- Net primary income (Net income from abroad) -6.56 billion current LCU (2025)
- Net primary income (Net income from abroad) -2.39 billion current US$ (2025)
- GNI per capita 24,909 current LCU (2025)
- GNI per capita, Atlas method 8,990 current US$ (2025)
- GNI 98.04 billion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in Georgia?
- Gross fixed capital formation, private sector in Georgia was 1.71 billion current LCU in 2002, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Georgia?
- The highest recorded value was 1.71 billion current LCU in 2001.
- What is the lowest gross fixed capital formation, private sector recorded in Georgia?
- The lowest recorded value was 0 current LCU in 1994.
- How does Georgia rank for gross fixed capital formation, private sector?
- Georgia ranks 91st out of 105 countries with data for 2002.
- Is gross fixed capital formation, private sector rising or falling in Georgia?
- Over the last ten years it is up 713,245.0%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.