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Economy of Afghanistan vs Georgia compared: GDP & Debt

Updated on by Georank

Afghanistan has a GDP of $17.8B compared to $38.1B for Georgia, ranking 139/197 and 106/197 by economy size, respectively.

Afghanistan has $1.58B in government debt (7.98% of GDP), compared to $13.1B (34.3% of GDP) in Georgia.

Afghanistan vs Georgia GDP by year

Afghanistan
Georgia
1x
Year GDP, current $
Afghanistan Georgia
2025 - $38,143,612,855
2024 $17,778,508,876 $34,189,423,333
2023 $17,152,234,637 $30,777,833,601
2022 $14,497,243,872 $24,984,568,960
2021 $14,259,995,441 $18,853,115,589
2020 $19,955,929,052 $16,010,869,216
2019 $18,799,444,490 $17,638,337,117
2018 $18,053,222,687 $17,902,544,881
2017 $18,753,456,498 $16,473,125,375
2016 $18,116,572,395 $15,444,548,902
2015 $19,134,221,645 $15,223,796,149
2014 $20,497,128,556 $17,966,015,109
2013 $20,146,416,758 $17,517,660,144
2012 $19,907,329,778 $16,894,392,033
2011 $17,805,098,206 $15,475,290,469
2010 $15,856,668,556 $12,426,907,967
2009 $12,416,152,732 $10,766,920,066
2008 $10,109,297,048 $12,795,145,131
2007 $9,747,886,187 $10,172,931,089
2006 $6,971,758,282 $7,745,250,734
2005 $6,203,256,539 $6,410,912,050
2004 $5,224,896,719 $5,125,365,192
2003 $4,520,946,819 $3,991,377,904
2002 $3,825,701,439 $3,395,766,678
2001 $2,813,571,754 $3,219,462,262
2000 $3,521,418,060 $3,057,475,335
1999 - $2,800,025,883
1998 - $3,613,497,317
1997 - $3,510,520,231
1996 - $3,094,936,177
1995 - $2,693,732,612
1994 - $2,513,867,645
1993 - $2,701,181,331
1992 - $3,690,328,964
1991 - $6,324,503,311
1990 - $7,735,927,264
1989 - $8,902,632,715
1988 - $8,833,588,173
1987 - $7,321,981,334

Data sources: World Bank | Economy & Growth (1987–2025, retrieved 2026-07-08).

GeoRank.org/economy/afghanistan/georgia | CC BY

GDP per capita in Afghanistan vs Georgia by year

Afghanistan
GDP per capita

GDP per capita, PPP
Georgia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Afghanistan Georgia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $9,692 -
2024 $417 - $8,968 $28,285
2023 $414 $2,202 $8,284 $25,072
2022 $357 $2,123 $6,730 $22,461
2021 $356 $2,144 $5,084 $18,916
2020 $511 $2,562 $4,301 $16,791
2019 $497 $2,583 $4,741 $16,770
2018 $491 $2,432 $4,804 $15,022
2017 $525 $2,336 $4,419 $13,719
2016 $522 $2,213 $4,143 $13,065
2015 $566 $2,284 $4,087 $12,270
2014 $625 $2,224 $4,830 $11,771
2013 $637 $2,133 $4,712 $10,797
2012 $651 $1,988 $4,531 $10,060
2011 $607 $1,744 $4,120 $8,564
2010 $561 $1,766 $3,282 $7,712
2009 $452 $1,571 $2,823 $7,119
2008 $382 $1,334 $3,325 $7,279
2007 $376 $1,287 $2,635 $6,951
2006 $274.2 $1,122 $1,996 $5,980
2005 $254.2 $1,076 $1,643 $5,272
2004 $221.8 $972 $1,305 $4,635
2003 $198.9 $967 $1,010 $4,240
2002 $179 $927 $854 $3,719
2001 $138.7 $748 $802 $3,441
2000 $174.9 $814 $750 $3,161
1999 - - $674 $2,977
1998 - - $852 $2,795
1997 - - $807 $2,616
1996 - - $689 $2,253
1995 - - $578 $1,919
1994 - - $520 $1,764
1993 - - $550 $1,898
1992 - - $757 $2,643
1991 - - $1,308 $4,727
1990 - - $1,611 $5,836
1989 - - $1,853 -
1988 - - $1,844 -
1987 - - $1,544 -

Data sources: World Bank | Economy & Growth (1987–2025, retrieved 2026-07-08).

GeoRank.org/economy/afghanistan/georgia | CC BY

Afghanistan's GDP per capita is $417, ranking 196/197, compared to $9,692 in Georgia, ranking 89/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Georgia ranks 74th at $28,285.

Economic indicators

Afghanistan Georgia
Gross domestic product
$17.8B
2024
$38.1B
2025
GDP rank
139/197
2024
106/197
2025
GDP growth
1.87%
2023-2024
7.46%
2024-2025
GDP per capita
$417
2024
$9,692
2025
GDP per capita rank
196/197
2024
89/197
2025
GDP per capita, PPP
$2,202
2023
$28,285
2024
GDP per capita PPP rank
184/197
2023
74/197
2024
Government debt
$1.58B
2024
$13.1B
2025
Debt-to-GDP ratio
7.98%
2025
34.3%
2025
Government debt per person
$37.2
2024
$3,323
2025
Government debt per person rank
185/185
2024
99/185
2025
Average annual personal income after taxes
$1,529
2026
$7,158
2026
Number of billionaires n/a
2
2026
Income share by richest 10% n/a
26.2%
2024
Income share by poorest 10% n/a
2.9%
2024
Government expenditure, % of GDP
20%
2025
28.4%
2025
Consumer prices inflation
2.9%
2024-2025
3.87%
2024-2025
Central bank interest rate
6%
2021
8.25%
2026
Unemployment rate
5.68%
2021
8.01%
2024
Population
45682388
3934050

Spending and national debt comparison by year

Afghanistan
Spending

Debt
Georgia
Spending

Debt
1x
Year % of GDP
Afghanistan Georgia
Government spending Government debt Government spending Government debt
2025 20% 7.98% 28.4% 34.3%
2024 19.7% 8.91% 29.9% 35.7%
2023 17% 8.25% 29.7% 38.9%
2022 16.1% 10.6% 28.5% 39.2%
2021 17.9% 11.1% 31.2% 49.1%
2020 27.9% 7.33% 34.1% 59.6%
2019 28% 6.14% 28.7% 40%
2018 28.9% 7.38% 26.7% 38.2%
2017 27.7% 8% 27.2% 38.9%
2016 28% 8.44% 27.8% 39.5%
2015 25.9% 9.15% 27% 36%
2014 25.4% 8.7% 27.5% 30.3%
2013 25% 6.9% 26.6% 28.9%
2012 25% 6.76% 27.7% 28.1%
2011 21.9% 7.5% 27.1% 27.7%
2010 20.8% 7.7% 31% 31.4%
2009 21.2% 16.2% 34.8% 33.6%
2008 20.9% 19.1% 31.8% 26.3%
2007 21.4% 20.1% 27.7% 22.5%
2006 18.3% 23% 22.7% 28.3%
2005 15.7% 206.4% 21.6% 35.3%
2004 15.1% 245% 18.9% 44.3%
2003 11.9% 270.6% 16.1% 54.6%
2002 6.94% 346% 16% 50.3%
2001 - - 16.8% 53%
2000 - - 16.9% 58.5%
1999 - - 19.7% 76.5%
1998 - - 18.7% 80%
1997 - - 21.4% 48.2%
1996 - - 18.4% 38.9%
1995 - - 15.7% 19.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-07-08).

GeoRank.org/economy/afghanistan/georgia | CC BY

In 2025, Afghanistan's government spending was $3.5B, accounting for 20% of its GDP, while Georgia spent $10.8B, or 28.4% of GDP.

Debt-to-GDP ratio is 7.98% in Afghanistan and 34.3% in Georgia, ranking 181/185 and 147/185, respectively.

Government deficit by year

Deficit/surplus
Afghanistan

Georgia
1x
Year Deficit/surplus, % of GDP
Afghanistan Georgia
2025 -0.89% -1.46%
2024 -0.55% -2.27%
2023 -1.33% -2.33%
2022 -1% -2.2%
2021 -0.48% -5.97%
2020 -2.24% -9.16%
2019 -1.06% -1.82%
2018 1.63% -0.8%
2017 -0.67% -0.45%
2016 0.13% -1.49%
2015 -1.38% -1.16%
2014 -1.72% -1.78%
2013 -0.63% -1.25%
2012 0.18% -0.71%
2011 -0.67% -0.81%
2010 0.93% -4.48%
2009 -1.76% -6.36%
2008 -3.86% -1.92%
2007 -2.46% 0.81%
2006 0.68% 3.28%
2005 -0.92% 2.14%
2004 -2.39% 3.59%
2003 -2.1% -0.55%
2002 -0.1% -0.19%
2001 - -0.71%
2000 - -1.92%
1999 - -4.7%
1998 - -3.96%
1997 - -6.63%
1996 - -5.91%
1995 - -4.89%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/afghanistan/georgia | CC BY

In 2024, Afghanistan's government deficit, the difference between spending and revenue, was $97.4M, equivalent to 0.55% of GDP. This compares to Georgia's deficit of $775M, or 2.27% of GDP.

Over the past 23 years, Afghanistan recorded a fiscal deficit in 18 of those years, while Georgia ran a deficit in 19 years. On average, Afghanistan posted an annual deficit equal to 0.95% of GDP, compared to deficit of 1.56% of GDP for Georgia.

Inflation comparison by year

Inflation
Afghanistan

Georgia
1x
Year Consumer prices inflation
Afghanistan Georgia
2025 2.9% 3.87%
2024 -4.3% 1.11%
2023 -7.7% 2.49%
2022 10.6% 11.9%
2021 7.8% 9.57%
2020 5.6% 5.2%
2019 2.3% 4.85%
2018 0.6% 2.62%
2017 5% 6.04%
2016 4.4% 2.13%
2015 -0.7% 4%
2014 4.7% 3.07%
2013 7.4% -0.51%
2012 6.4% -0.94%
2011 11.8% 8.54%
2010 2.2% 7.11%
2009 -6.8% 1.73%
2008 26.4% 10%
2007 8.7% 9.24%
2006 6.8% 9.16%
2005 10.6% 8.25%
2004 16.4% 5.66%
2003 35.7% 0.84%
2002 - 5.59%
2001 - 4.65%
2000 - 4.06%
1999 - 19.2%
1998 - 3.57%
1997 - 7.09%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2003–2025, retrieved 2026-07-08).

GeoRank.org/economy/afghanistan/georgia | CC BY

Over the past 23 years, Afghanistan has recorded an average annual inflation rate of 6.82%, compared with 5.04% in Georgia. In 2025, inflation was 2.9% in Afghanistan and 3.87% in Georgia.

Top exports between countries

Afghanistan
Export category Export value
Raw agricultural goods $8K
Georgia
Export category Export value
Transport & tourism services $891K
Machinery & equipment $195K
Textiles & consumer goods $44K
Metals $28K
Government & miscellaneous services $20K
Miscellaneous $4K

Balance of trade

Afghanistan Georgia
Current account balance
-$3.14B
2020
-$1.01B
2025
Current account balance ranking
153/190
2020
116/190
2025
Current account balance, % of GDP
-15.7%
2020
-2.65%
2025
Goods imports
$5.88B
2020
$16.5B
2025
Goods exports
$777M
2020
$9.63B
2025
Service imports
$1.11B
2020
$3.85B
2025
Service exports
$700M
2020
$8.49B
2025
Imports of goods and services, % of GDP
68.1%
2024
53.2%
2025
Exports of goods and services, % of GDP
15.7%
2024
47.4%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Georgia
Economic freedom 53 69.6
Economic freedom ranking 142/197 41/197
Property rights 3.6 53
Government integrity 13.5 59.9
Judicial effectiveness 0 53.8
Tax burden 92 87.8
Government spending 90.8 73.9
Fiscal health 98.4 89.1
Business freedom 33.7 76.6
Labor freedom 44.4 64
Monetary freedom 84.9 70.2
Trade freedom 68.6 86.8
Investment freedom 10 60
Financial freedom 10 60

Economic freedom comparison by year

Afghanistan
Georgia
1x
Year Economic freedom index
Afghanistan Georgia
2026 - 69.6
2025 - 69
2024 - 68.4
2023 - 68.7
2022 - 71.8
2021 53 77.2
2020 54.7 77.1
2019 51.5 75.9
2018 51.3 76.2
2017 48.9 76
2016 - 72.6
2015 - 73
2014 - 72.6
2013 - 72.2
2012 - 69.4
2011 - 70.4
2010 - 70.4
2009 - 69.8
2008 - 69.2
2007 - 69.3
2006 - 64.5
2005 - 57.1
2004 - 58.9
2003 - 58.6
2002 - 56.7
2001 - 58.3
2000 - 54.3
1999 - 52.5
1998 - 47.9
1997 - 46.5
1996 - 44.1

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

GeoRank.org/economy/afghanistan/georgia | CC BY

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 69.6 for Georgia, ranking 41/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Afghanistan Georgia
Services, % of GDP
45.2%
2024
63.9%
2025
Industry, % of GDP
14.5%
2024
18.6%
2025
Agriculture, forestry, and fishing, % of GDP
34.3%
2024
5.18%
2025
GNI, Atlas method
$16.8B
2024
$35.4B
2025
GNI per capita, PPP
$2,250
2024
$27,570
2025
Total reserves including gold
$9.75B
2020
$6.16B
2025
Total reserves ranking
81/177
2020
94/177
2025
Net foreign direct investment
$24.3M
2020
-$1.39B
2025
Net inflows of foreign direct investment
$0
2024
$1.6B
2024
Net outflows of foreign direct investment
$0
2024
$462M
2024
Servicing debt to the IMF, % of GNI
0.38%
2024
15.2%
2024
Poverty at national poverty lines
47.1%
2019
9.4%
2024
Gross capital formation, % of GDP
17.1%
2024
21.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/afghanistan/georgia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2019–2025, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.