Labor share of gross domestic product (GDP) in Georgia
Georgia: Labor share of gross domestic product (GDP) was 53.9% in 2020. ▲ Rising
Labor share of gross domestic product (GDP) in Georgia, 2004–2020
Source: International Labour Organization – with minor processing by Our World in Data. Measured in %.
Analysis
In 2020, labor share of gross domestic product (gdp) in Georgia stood at 53.9%.
The figure is down 2.5% on the previous year and up 23.3% over ten years.
Over the whole period, labor share of gross domestic product (gdp) in Georgia peaked at 55.3% in 2019 and was at its lowest, 33.6%, in 2006.
Georgia ranks 51st of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Labor share of gross domestic product (GDP) in Georgia, year by year
| Year | % | Change |
|---|---|---|
| 2004 | 34.4% | — |
| 2005 | 34.4% | +0.0% |
| 2006 | 33.6% | -2.3% |
| 2007 | 37.2% | +10.7% |
| 2008 | 43.9% | +18.0% |
| 2009 | 51.6% | +17.5% |
| 2010 | 43.7% | -15.3% |
| 2011 | 45.9% | +5.0% |
| 2012 | 47.7% | +3.9% |
| 2013 | 51.4% | +7.8% |
| 2014 | 50.2% | -2.3% |
| 2015 | 51.2% | +2.0% |
| 2016 | 55.0% | +7.4% |
| 2017 | 53.4% | -2.9% |
| 2018 | 53.7% | +0.6% |
| 2019 | 55.3% | +3.0% |
| 2020 | 53.9% | -2.5% |
Georgia compared with similar countries
- Georgia's 53.9% is above the median for upper middle income countries, which is 45.7%, 1.2× the median. (53 countries reporting)
- Georgia's 53.9% is below the median for Europe & Central Asia, which is 54.2%, 99% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.2% | 33.6% | 51.6% | 6 |
| 2010s | 50.8% | 43.7% | 55.3% | 10 |
| 2020s | 53.9% | 53.9% | 53.9% | 1 |
Countries ranked near Georgia
More work & labour data for Georgia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5749 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5695 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5795 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.16 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.0234 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 2,483 1000 No (2050)
- Population - Est. & Proj. — Rural population 911.09 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 1,505 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 1,465 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 2,969 1000 No (2100)
Frequently asked questions
- What is labor share of gross domestic product (gdp) in Georgia?
- Labor share of gross domestic product (gdp) in Georgia was 53.9% in 2020, according to International Labour Organization – with minor processing by Our World in Data.
- What is the highest labor share of gross domestic product (gdp) recorded in Georgia?
- The highest recorded value was 55.3% in 2019.
- What is the lowest labor share of gross domestic product (gdp) recorded in Georgia?
- The lowest recorded value was 33.6% in 2006.
- How does Georgia rank for labor share of gross domestic product (gdp)?
- Georgia ranks 51st out of 187 countries with data for 2020.
- Is labor share of gross domestic product (gdp) rising or falling in Georgia?
- Over the last ten years it is up 23.3%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from International Labour Organization – with minor processing by Our World in Data, published as part of Labor share of gross domestic product (GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Labour share of GDP (%).