Palma ratio wb in Georgia

Georgia: Palma ratio wb was 1.34 in 2024. ▼ Falling

Latest (2024)
1.34
Change on year
down 5.2%
World rank
63rd
of 120 countries
All-time high
1.99
in 1998
All-time low
1.31
in 2022
Years of data
29
1996–2024

Palma ratio wb in Georgia, 1996–2024

00.511.521996201020241996: 1.61997: 1.91998: 21999: 1.92000: 1.92001: 1.82002: 1.62003: 1.52004: 1.52005: 1.62006: 1.62007: 1.72008: 1.72009: 1.72010: 1.82011: 1.82012: 1.72013: 1.72014: 1.62015: 1.52016: 1.62017: 1.72018: 1.52019: 1.52020: 1.42021: 1.42022: 1.32023: 1.42024: 1.3

Source: Our World in Data.

Analysis

Georgia recorded 1.34 for palma ratio wb in 2024.

The figure is down 5.2% on the previous year and down 17.5% over ten years.

Over the whole period, palma ratio wb in Georgia peaked at 1.99 in 1998 and was at its lowest, 1.31, in 2022.

Georgia ranks 63rd of 120 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 29 years of available data.

Palma ratio wb in Georgia, year by year

Annual values for Palma ratio wb in Georgia, 1996 to 2024.
Year Value Change
1996 1.6 —
1997 1.93 +20.5%
1998 1.99 +3.1%
1999 1.86 -6.2%
2000 1.9 +1.8%
2001 1.8 -5.0%
2002 1.6 -11.2%
2003 1.53 -4.3%
2004 1.5 -2.0%
2005 1.6 +6.3%
2006 1.55 -2.8%
2007 1.67 +7.7%
2008 1.71 +2.5%
2009 1.68 -2.0%
2010 1.8 +7.1%
2011 1.81 +0.4%
2012 1.75 -3.2%
2013 1.72 -1.9%
2014 1.63 -5.2%
2015 1.54 -5.5%
2016 1.55 +0.9%
2017 1.67 +7.4%
2018 1.53 -8.5%
2019 1.49 -2.1%
2020 1.38 -7.3%
2021 1.37 -1.1%
2022 1.31 -4.6%
2023 1.42 +8.4%
2024 1.34 -5.2%

Georgia compared with similar countries

  • Georgia's 1.34 is below the median for upper middle income countries, which is 1.5, 89% of the median. (35 countries reporting)
  • Georgia's 1.34 is above the median for Europe & Central Asia, which is 1.13, 1.2× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.84 1.6 1.99 4
2000s 1.65 1.5 1.9 10
2010s 1.65 1.49 1.81 10
2020s 1.36 1.31 1.42 5

Countries ranked near Georgia

  1. 60 Pakistan 1.35 compare
  2. 61 Nigeria 1.35 compare
  3. 62 Montenegro 1.34 compare
  4. 64 Latvia 1.34 compare
  5. 65 Germany 1.33 compare
  6. 66 Australia 1.33 compare

See the full ranking of 120 places →

More reference data data for Georgia

All data for Georgia →

Frequently asked questions

What is palma ratio wb in Georgia?
Palma ratio wb in Georgia was 1.34 in 2024, according to Our World in Data.
What is the highest palma ratio wb recorded in Georgia?
The highest recorded value was 1.99 in 1998.
What is the lowest palma ratio wb recorded in Georgia?
The lowest recorded value was 1.31 in 2022.
How does Georgia rank for palma ratio wb?
Georgia ranks 63rd out of 120 countries with data for 2024.
Is palma ratio wb rising or falling in Georgia?
Over the last ten years it is down 17.5%. The long-run trend across the full record is falling.
Where does this Georgia data come from?
The figures come from Our World in Data, published as part of Palma ratio wb. Statizoid updates them automatically from the source API.

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Palma ratio wb in Georgia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/georgia/

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About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed