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 150 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

020.0B40.0B60.0B1995200720201995: 59.6B real chained 2019 US$1996: 55.4B real chained 2019 US$1997: 53.8B real chained 2019 US$1998: 50.9B real chained 2019 US$1999: 50.8B real chained 2019 US$2000: 50.6B real chained 2019 US$2001: 51.0B real chained 2019 US$2002: 49.0B real chained 2019 US$2003: 50.7B real chained 2019 US$2004: 49.3B real chained 2019 US$2005: 48.5B real chained 2019 US$2006: 47.5B real chained 2019 US$2007: 48.8B real chained 2019 US$2008: 46.7B real chained 2019 US$2009: 45.8B real chained 2019 US$2010: 46.7B real chained 2019 US$2011: 47.7B real chained 2019 US$2012: 48.8B real chained 2019 US$2013: 48.5B real chained 2019 US$2014: 50.1B real chained 2019 US$2015: 51.4B real chained 2019 US$2016: 51.0B real chained 2019 US$2017: 51.2B real chained 2019 US$2018: 51.4B real chained 2019 US$2019: 51.5B real chained 2019 US$2020: 51.6B real chained 2019 US$

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 150 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 120 Mauritius 57.87 billion real chained 2019 US$ compare
  2. 121 Niger 55.99 billion real chained 2019 US$ compare
  3. 122 Chad 55.35 billion real chained 2019 US$ compare
  4. 124 Albania 50.45 billion real chained 2019 US$ compare
  5. 125 Laos 49.43 billion real chained 2019 US$ compare
  6. 126 North Macedonia 46.83 billion real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Georgia

All data for Georgia →

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 150 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

Indicator
Human capital (real chained 2019 US$)
Unit
real chained 2019 US$
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

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.