Merchandise exports to high-income economies in Georgia

Georgia: Merchandise exports to high-income economies was 28.3% in 2023. ▼ Falling

Latest (2023)
28.3%
Change on year
down 22.0%
World rank
180th
of 206 countries
All-time high
98.2%
in 1992
All-time low
28.3%
in 2023
Years of data
32
1992–2023

Merchandise exports to high-income economies in Georgia, 1992–2023

204060801001992200720231992: 98.2 % of total merchandise exports1993: 56.9 % of total merchandise exports1994: 39.4 % of total merchandise exports1995: 44.4 % of total merchandise exports1996: 49.2 % of total merchandise exports1997: 54.4 % of total merchandise exports1998: 47.3 % of total merchandise exports1999: 51 % of total merchandise exports2000: 52.7 % of total merchandise exports2001: 52.5 % of total merchandise exports2002: 50.4 % of total merchandise exports2003: 48.4 % of total merchandise exports2004: 44.1 % of total merchandise exports2005: 53.4 % of total merchandise exports2006: 47.5 % of total merchandise exports2007: 47.2 % of total merchandise exports2008: 41.6 % of total merchandise exports2009: 40.6 % of total merchandise exports2010: 42.3 % of total merchandise exports2011: 36.8 % of total merchandise exports2012: 35.9 % of total merchandise exports2013: 38.1 % of total merchandise exports2014: 42.9 % of total merchandise exports2015: 49.1 % of total merchandise exports2016: 50.6 % of total merchandise exports2017: 49.3 % of total merchandise exports2018: 45.3 % of total merchandise exports2019: 44.7 % of total merchandise exports2020: 44.6 % of total merchandise exports2021: 41.9 % of total merchandise exports2022: 36.3 % of total merchandise exports2023: 28.3 % of total merchandise exports

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

Georgia recorded 28.3% for merchandise exports to high-income economies in 2023. That is the lowest value across all 32 years on record.

That represents a change of down 22.0% on the previous year and down 25.6% over ten years.

Over the whole period, merchandise exports to high-income economies in Georgia peaked at 98.2% in 1992 and was at its lowest, 28.3%, in 2023.

That places Georgia 180th out of 206 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 32 years of available data.

Merchandise exports to high-income economies in Georgia, year by year

Annual values for Merchandise exports to high-income economies (% of total merchandise exports) in Georgia, 1992 to 2023.
Year % of total merchandise exports Change
1992 98.2%
1993 56.9% -42.1%
1994 39.4% -30.8%
1995 44.4% +12.7%
1996 49.2% +10.9%
1997 54.4% +10.5%
1998 47.3% -13.1%
1999 51.0% +7.8%
2000 52.7% +3.3%
2001 52.5% -0.3%
2002 50.4% -4.1%
2003 48.4% -4.0%
2004 44.1% -8.7%
2005 53.4% +21.0%
2006 47.5% -11.0%
2007 47.2% -0.5%
2008 41.6% -11.9%
2009 40.6% -2.4%
2010 42.3% +4.2%
2011 36.8% -13.0%
2012 35.9% -2.5%
2013 38.1% +6.0%
2014 42.9% +12.7%
2015 49.1% +14.4%
2016 50.6% +3.1%
2017 49.3% -2.5%
2018 45.3% -8.1%
2019 44.7% -1.3%
2020 44.6% -0.4%
2021 41.9% -6.0%
2022 36.3% -13.3%
2023 28.3% -22.0%

Georgia compared with similar countries

  • Georgia's 28.3% is below the median for upper middle income countries, which is 65.7%, 43% of the median. (59 countries reporting)
  • Georgia's 28.3% is below the median for Europe & Central Asia, which is 83.1%, 34% of the median. (53 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 55.1% 39.4% 98.2% 8
2000s 47.8% 40.6% 53.4% 10
2010s 43.5% 35.9% 50.6% 10
2020s 37.8% 28.3% 44.6% 4

Countries ranked near Georgia

  1. 177 Namibia 31.0% compare
  2. 178 Uruguay 31.0% compare
  3. 179 Hong Kong 29.3% compare
  4. 181 Paraguay 27.3% compare
  5. 182 Rwanda 27.3% compare
  6. 183 Nepal 26.9% compare

See the full ranking of 253 places →

More private sector data for Georgia

All data for Georgia →

Frequently asked questions

What is merchandise exports to high-income economies in Georgia?
Merchandise exports to high-income economies in Georgia was 28.3% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to high-income economies recorded in Georgia?
The highest recorded value was 98.2% in 1992.
What is the lowest merchandise exports to high-income economies recorded in Georgia?
The lowest recorded value was 28.3% in 2023.
How does Georgia rank for merchandise exports to high-income economies?
Georgia ranks 180th out of 206 countries with data for 2023.
Is merchandise exports to high-income economies rising or falling in Georgia?
Over the last ten years it is down 25.6%. The long-run trend across the full record is falling.
Where does this Georgia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to high-income economies in Georgia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-high-income-economies-percent-of-total-merchandise-exports/georgia/

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About this data

Indicator
Merchandise exports to high-income economies (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,486 data points, 1960–2023
Last refreshed

Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.