Human capital in Georgia
Georgia: Human capital was 51.61 billion real chained 2019 US$ in 2020. ▼ Falling
Latest (2020)
51.61 billion real chained 2019 US$
Change on year
up 0.2%
World rank
123rd
of 151 countries
All-time high
59.55 billion real chained 2019 US$
in 1995
All-time low
45.83 billion real chained 2019 US$
in 2009
Years of data
26
1995–2020
Human capital in Georgia, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
In 2020, human capital in Georgia stood at 51.61 billion real chained 2019 US$.
Compared with earlier readings it is up 0.2% on the previous year and up 10.5% over ten years.
Over the whole period, human capital in Georgia peaked at 59.55 billion real chained 2019 US$ in 1995 and was at its lowest, 45.83 billion real chained 2019 US$, in 2009.
That places Georgia 123rd out of 151 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Human capital in Georgia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 59.55 billion real chained 2019 US$ | — |
| 1996 | 55.38 billion real chained 2019 US$ | -7.0% |
| 1997 | 53.82 billion real chained 2019 US$ | -2.8% |
| 1998 | 50.89 billion real chained 2019 US$ | -5.4% |
| 1999 | 50.81 billion real chained 2019 US$ | -0.2% |
| 2000 | 50.56 billion real chained 2019 US$ | -0.5% |
| 2001 | 51.04 billion real chained 2019 US$ | +1.0% |
| 2002 | 49.00 billion real chained 2019 US$ | -4.0% |
| 2003 | 50.65 billion real chained 2019 US$ | +3.4% |
| 2004 | 49.29 billion real chained 2019 US$ | -2.7% |
| 2005 | 48.46 billion real chained 2019 US$ | -1.7% |
| 2006 | 47.54 billion real chained 2019 US$ | -1.9% |
| 2007 | 48.84 billion real chained 2019 US$ | +2.7% |
| 2008 | 46.66 billion real chained 2019 US$ | -4.5% |
| 2009 | 45.83 billion real chained 2019 US$ | -1.8% |
| 2010 | 46.71 billion real chained 2019 US$ | +1.9% |
| 2011 | 47.74 billion real chained 2019 US$ | +2.2% |
| 2012 | 48.84 billion real chained 2019 US$ | +2.3% |
| 2013 | 48.54 billion real chained 2019 US$ | -0.6% |
| 2014 | 50.08 billion real chained 2019 US$ | +3.2% |
| 2015 | 51.35 billion real chained 2019 US$ | +2.5% |
| 2016 | 51.02 billion real chained 2019 US$ | -0.7% |
| 2017 | 51.20 billion real chained 2019 US$ | +0.4% |
| 2018 | 51.36 billion real chained 2019 US$ | +0.3% |
| 2019 | 51.49 billion real chained 2019 US$ | +0.2% |
| 2020 | 51.61 billion real chained 2019 US$ | +0.2% |
Georgia compared with similar countries
- Georgia's 51.61 billion real chained 2019 US$ is below the median for upper middle income countries, which is 282.57 billion real chained 2019 US$, 18% of the median. (43 countries reporting)
- Georgia's 51.61 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 652.62 billion real chained 2019 US$, 8% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 54.09 billion real chained 2019 US$ | 50.81 billion real chained 2019 US$ | 59.55 billion real chained 2019 US$ | 5 |
| 2000s | 48.79 billion real chained 2019 US$ | 45.83 billion real chained 2019 US$ | 51.04 billion real chained 2019 US$ | 10 |
| 2010s | 49.83 billion real chained 2019 US$ | 46.71 billion real chained 2019 US$ | 51.49 billion real chained 2019 US$ | 10 |
| 2020s | 51.61 billion real chained 2019 US$ | 51.61 billion real chained 2019 US$ | 51.61 billion real chained 2019 US$ | 1 |
Countries ranked near Georgia
- 120 Mauritius 57.87 billion real chained 2019 US$ compare
- 121 Niger 55.99 billion real chained 2019 US$ compare
- 122 Chad 55.35 billion real chained 2019 US$ compare
- 124 Albania 50.45 billion real chained 2019 US$ compare
- 125 Laos 49.43 billion real chained 2019 US$ compare
- 126 North Macedonia 46.83 billion real chained 2019 US$ compare
More reference data data for Georgia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.097 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.684 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0278 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.01 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3252 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2904 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.69 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.28 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1515 (2050)
Frequently asked questions
- What is human capital in Georgia?
- Human capital in Georgia was 51.61 billion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest human capital recorded in Georgia?
- The highest recorded value was 59.55 billion real chained 2019 US$ in 1995.
- What is the lowest human capital recorded in Georgia?
- The lowest recorded value was 45.83 billion real chained 2019 US$ in 2009.
- How does Georgia rank for human capital?
- Georgia ranks 123rd out of 151 countries with data for 2020.
- Is human capital rising or falling in Georgia?
- Over the last ten years it is up 10.5%. The long-run trend across the full record is falling.
- Where does this Georgia data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Human capital (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.