069.Share of New Products in TEV of Incumbents: Mean in Georgia

Georgia: 069.Share of New Products in TEV of Incumbents: Mean was 0.2231 in 2012. ▲ Rising

Latest (2012)
0.2231
Change on year
down 3.3%
World rank
30th
of 51 countries
All-time high
0.2498
in 2010
All-time low
0.1528
in 2006
Years of data
9
2004–2012

069.Share of New Products in TEV of Incumbents: Mean in Georgia, 2004–2012

00.050.10.150.20.252004200820122004: 0.2112005: 0.192006: 0.1532007: 0.2252008: 0.2282009: 0.2362010: 0.252011: 0.2312012: 0.223

Source: World Bank.

Analysis

In 2012, 069.share of new products in tev of incumbents: mean in Georgia stood at 0.2231.

That represents a change of down 3.3% on the previous year and up 6.0% over ten years.

Over the whole period, 069.share of new products in tev of incumbents: mean in Georgia peaked at 0.2498 in 2010 and was at its lowest, 0.1528, in 2006.

That places Georgia 30th out of 51 countries with data for 2012, putting it in the middle of the range.

069.Share of New Products in TEV of Incumbents: Mean in Georgia, year by year

Annual values for 069.Share of New Products in TEV of Incumbents: Mean in Georgia, 2004 to 2012.
Year Value Change
2004 0.2106
2005 0.1898 -9.9%
2006 0.1528 -19.5%
2007 0.2246 +47.0%
2008 0.2282 +1.6%
2009 0.2355 +3.2%
2010 0.2498 +6.1%
2011 0.2306 -7.7%
2012 0.2231 -3.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.2069 0.1528 0.2355 6
2010s 0.2345 0.2231 0.2498 3

Countries ranked near Georgia

  1. 27 El Salvador 0.248 compare
  2. 28 Bulgaria 0.2389
  3. 29 Belgium 0.227 compare
  4. 31 Türkiye 0.2174 compare
  5. 32 Chile 0.2169 compare
  6. 33 Peru 0.2094 compare

See the full ranking of 51 places →

More reference data data for Georgia

All data for Georgia →

Frequently asked questions

What is 069.share of new products in tev of incumbents: mean in Georgia?
069.share of new products in tev of incumbents: mean in Georgia was 0.2231 in 2012, according to the World Bank.
What is the highest 069.share of new products in tev of incumbents: mean recorded in Georgia?
The highest recorded value was 0.2498 in 2010.
What is the lowest 069.share of new products in tev of incumbents: mean recorded in Georgia?
The lowest recorded value was 0.1528 in 2006.
How does Georgia rank for 069.share of new products in tev of incumbents: mean?
Georgia ranks 30th out of 51 countries with data for 2012.
Is 069.share of new products in tev of incumbents: mean rising or falling in Georgia?
Over the last ten years it is up 6.0%. The long-run trend across the full record is rising.
Where does this Georgia data come from?
The figures come from the World Bank, published as part of 069.Share of New Products in TEV of Incumbents: Mean. Statizoid updates them automatically from the source API.

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069.Share of New Products in TEV of Incumbents: Mean in Georgia. Statizoid. Retrieved 06 September 2026, from https://reference.statizoid.com/stat/069-share-of-new-products-in-tev-of-incumbents-mean/georgia/

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About this data

Indicator
069.Share of New Products in TEV of Incumbents: Mean
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 492 data points, 1998–2014
Last refreshed

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