Palma ratio in Georgia

Georgia: Palma ratio was 1.34 in 2024. ▼ Falling

Latest (2024)
1.34
Change on year
down 5.2%
World rank
64th
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 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: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

Georgia recorded 1.34 for palma ratio 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 in Georgia peaked at 1.99 in 1998 and was at its lowest, 1.31, in 2022.

Georgia ranks 64th 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 in Georgia, year by year

Annual values for Palma ratio 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. 61 Nigeria 1.35 compare
  2. 62 Switzerland 1.34 compare
  3. 63 Montenegro 1.34 compare
  4. 65 Latvia 1.34 compare
  5. 66 Germany 1.33 compare
  6. 67 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 in Georgia?
Palma ratio in Georgia was 1.34 in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Georgia?
The highest recorded value was 1.99 in 1998.
What is the lowest palma ratio recorded in Georgia?
The lowest recorded value was 1.31 in 2022.
How does Georgia rank for palma ratio?
Georgia ranks 64th out of 120 countries with data for 2024.
Is palma ratio 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 World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

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Palma ratio in Georgia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/georgia/

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About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.