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Economy of Georgia vs Pakistan compared: GDP & Debt

Updated on by Georank

Georgia has a GDP of $38.1B compared to $407B for Pakistan, ranking 106/197 and 41/197 by economy size, respectively.

Georgia has $13.1B in government debt (34.3% of GDP), compared to $297B (72.8% of GDP) in Pakistan.

Georgia vs Pakistan GDP by year

Georgia
Pakistan
1x
Year GDP, current $
Georgia Pakistan
2025 $38,143,612,855 $407,307,214,476
2024 $34,189,423,333 $371,747,087,751
2023 $30,777,833,601 $336,686,348,609
2022 $24,984,568,960 $374,890,295,667
2021 $18,853,115,589 $348,516,647,445
2020 $16,010,869,216 $300,425,609,818
2019 $17,638,337,117 $320,909,472,771
2018 $17,902,544,881 $356,128,166,705
2017 $16,473,125,375 $339,205,534,861
2016 $15,444,548,902 $313,630,000,130
2015 $15,223,796,149 $299,963,590,535
2014 $17,966,015,109 $271,390,474,858
2013 $17,517,660,144 $258,657,231,672
2012 $16,894,392,033 $250,106,966,105
2011 $15,475,290,469 $230,586,581,060
2010 $12,426,907,967 $196,709,621,850
2009 $10,766,920,066 $187,337,783,856
2008 $12,795,145,131 $202,203,748,584
2007 $10,172,931,089 $184,140,869,997
2006 $7,745,250,734 $161,871,385,506
2005 $6,410,912,050 $145,208,562,961
2004 $5,125,365,192 $132,216,048,339
2003 $3,991,377,904 $112,371,913,741
2002 $3,395,766,678 $97,923,302,809
2001 $3,219,462,262 $97,145,618,480
2000 $3,057,475,335 $99,484,802,345
1999 $2,800,025,883 $62,973,857,069
1998 $3,613,497,317 $62,191,955,814
1997 $3,510,520,231 $62,433,340,468
1996 $3,094,936,177 $63,320,170,084
1995 $2,693,732,612 $60,636,071,684
1994 $2,513,867,645 $52,293,470,813
1993 $2,701,181,331 $51,809,999,353
1992 $3,690,328,964 $48,884,671,947
1991 $6,324,503,311 $45,625,336,680
1990 $7,735,927,264 $40,010,423,970
1989 $8,902,632,715 $40,171,106,279
1988 $8,833,588,173 $38,472,742,808
1987 $7,321,981,334 $33,351,529,275
1986 - $31,899,070,056
1985 - $31,144,920,844
1984 - $31,151,825,467
1983 - $28,691,889,764
1982 - $30,725,971,564
1981 - $28,100,606,061
1980 - $23,654,444,444
1979 - $19,688,383,838
1978 - $17,811,515,152
1977 - $15,126,060,606
1976 - $13,168,080,808
1975 - $11,230,606,061
1974 - $8,899,191,919
1973 - $6,383,429,490
1972 - $9,415,016,360
1971 - $10,665,896,682
1970 - $10,027,509,450
1969 - $8,683,116,338
1968 - $8,041,999,160
1967 - $7,464,510,710
1966 - $6,561,108,778
1965 - $5,929,231,415
1964 - $5,204,955,901
1963 - $4,630,827,383
1962 - $4,310,163,797
1961 - $4,118,647,627
1960 - $3,749,265,015

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Georgia vs Pakistan by year

Georgia
GDP per capita

GDP per capita, PPP
Pakistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Georgia Pakistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $9,692 - $1,596 -
2024 $8,968 $28,285 $1,479 $6,252
2023 $8,284 $25,072 $1,360 $6,014
2022 $6,730 $22,461 $1,538 $5,920
2021 $5,084 $18,916 $1,455 $5,367
2020 $4,301 $16,791 $1,278 $5,048
2019 $4,741 $16,770 $1,390 $5,038
2018 $4,804 $15,022 $1,569 $4,979
2017 $4,419 $13,719 $1,519 $4,790
2016 $4,143 $13,065 $1,425 $4,631
2015 $4,087 $12,270 $1,380 $4,480
2014 $4,830 $11,771 $1,267 $4,313
2013 $4,712 $10,797 $1,225 $4,174
2012 $4,531 $10,060 $1,204 $4,047
2011 $4,120 $8,564 $1,132 $3,880
2010 $3,282 $7,712 $987 $3,786
2009 $2,823 $7,119 $964 $3,777
2008 $3,325 $7,279 $1,067 $3,721
2007 $2,635 $6,951 $998 $3,672
2006 $1,996 $5,980 $901 $3,515
2005 $1,643 $5,272 $828 $3,293
2004 $1,305 $4,635 $772 $3,048
2003 $1,010 $4,240 $672 $2,822
2002 $854 $3,719 $600 $2,688
2001 $802 $3,441 $610 $2,644
2000 $750 $3,161 $642 $2,565
1999 $674 $2,977 $418 $2,475
1998 $852 $2,795 $424 $2,419
1997 $807 $2,616 $438 $2,398
1996 $689 $2,253 $457 $2,401
1995 $578 $1,919 $451 $2,315
1994 $520 $1,764 $400 $2,224
1993 $550 $1,898 $408 $2,160
1992 $757 $2,643 $396 $2,132
1991 $1,308 $4,727 $380 $1,992
1990 $1,611 $5,836 $344 $1,895
1989 $1,853 - $358 -
1988 $1,844 - $354 -
1987 $1,544 - $317 -
1986 - - $314 -
1985 - - $317 -
1984 - - $327 -
1983 - - $311 -
1982 - - $345 -
1981 - - $328 -
1980 - - $287.4 -
1979 - - $249.2 -
1978 - - $233.4 -
1977 - - $204.7 -
1976 - - $183.9 -
1975 - - $161.7 -
1974 - - $132 -
1973 - - $97.5 -
1972 - - $148.1 -
1971 - - $172.5 -
1970 - - $166.7 -
1969 - - $148.5 -
1968 - - $141.6 -
1967 - - $135.2 -
1966 - - $122.2 -
1965 - - $113.6 -
1964 - - $102.5 -
1963 - - $93.7 -
1962 - - $89.5 -
1961 - - $87.8 -
1960 - - $82 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Georgia's GDP per capita is $9,692, ranking 89/197, compared to $1,596 in Pakistan, ranking 164/197. Adjusted for purchasing power (GDP per capita PPP), Georgia ranks 74th at $28,285, while Pakistan ranks 150th at $6,252.

Economic indicators

Georgia Pakistan
Gross domestic product
$38.1B
2025
$407B
2025
GDP rank
106/197
2025
41/197
2025
GDP growth
7.46%
2024-2025
3.7%
2024-2025
GDP per capita
$9,692
2025
$1,596
2025
GDP per capita rank
89/197
2025
164/197
2025
GDP per capita, PPP
$28,285
2024
$6,252
2024
GDP per capita PPP rank
74/197
2024
150/197
2024
Government debt
$13.1B
2025
$297B
2025
Debt-to-GDP ratio
34.3%
2025
72.8%
2025
Government debt per person
$3,323
2025
$1,162
2025
Government debt per person rank
99/185
2025
138/185
2025
Average annual personal income after taxes
$7,158
2026
$1,775
2026
Market capitalization of domestic companies n/a
$70.3B
2025
Number of billionaires
2
2026
n/a
Income share by richest 10%
26.2%
2024
27.7%
2024
Income share by poorest 10%
2.9%
2024
3.4%
2024
Government expenditure, % of GDP
28.4%
2025
21.2%
2025
Consumer prices inflation
3.87%
2024-2025
3.55%
2024-2025
Central bank interest rate
8.25%
2026
11.5%
2026
Unemployment rate
8.01%
2024
6.96%
2025
Population
3934050
261421997

Spending and national debt comparison by year

Georgia
Spending

Debt
Pakistan
Spending

Debt
1x
Year % of GDP
Georgia Pakistan
Government spending Government debt Government spending Government debt
2025 28.4% 34.3% 21.2% 72.8%
2024 29.9% 35.7% 19.4% 70.2%
2023 29.7% 38.9% 19.3% 78.5%
2022 28.5% 39.2% 20% 77.3%
2021 31.2% 49.1% 18.5% 74.7%
2020 34.1% 59.6% 20.3% 80.8%
2019 28.7% 40% 19.1% 78.7%
2018 26.7% 38.2% 19.1% 66.3%
2017 27.2% 38.9% 19.1% 62.1%
2016 27.8% 39.5% 17.7% 62.1%
2015 27% 36% 17.8% 59.1%
2014 27.5% 30.3% 18.1% 58.8%
2013 26.6% 28.9% 19.5% 59.2%
2012 27.7% 28.1% 19.4% 58.4%
2011 27.1% 27.7% 17.9% 56.2%
2010 31% 31.4% 18.3% 56.7%
2009 34.8% 33.6% 17.3% 54.6%
2008 31.8% 26.3% 18% 49.5%
2007 27.7% 22.5% 16.1% 44.2%
2006 22.7% 28.3% 14.5% 46.2%
2005 21.6% 35.3% 13% 47.9%
2004 18.9% 44.3% 12.1% 50.6%
2003 16.1% 54.6% 12.9% 56.3%
2002 16% 50.3% 14.4% 60.5%
2001 16.8% 53% 12.9% 65.1%
2000 16.9% 58.5% 13.8% 61.7%
1999 19.7% 76.5% 13.2% 60.7%
1998 18.7% 80% 14.1% 53.8%
1997 21.4% 48.2% 13.7% 52.8%
1996 18.4% 38.9% 15% 52.5%
1995 15.7% 19.8% 14% 52.3%
1994 - - 14.5% 58.5%
1993 - - 17% 57.9%
1992 - - 22.6% 53.3%
1991 - - 21.4% 55.8%
1990 - - 23.9% 48.3%
1989 - - 26.1% 46.6%
1988 - - 27.9% 45%
1987 - - 29.5% 44.4%
1986 - - 27.6% 43.1%
1985 - - 28.3% 37%
1984 - - 25.4% 33.4%
1983 - - 24.8% 33.6%
1982 - - 24.5% 33.8%
1981 - - 21.6% 29.7%
1980 - - 22% 33.3%
1979 - - 25.3% 36.8%
1978 - - 25.5% 36.1%
1977 - - 20.4% 36.4%
1976 - - 21% 35.8%
1975 - - 20.4% 32.1%
1974 - - 15.3% 38%
1973 - - 13.9% 43.4%
1972 - - 13.5% 88.7%
1971 - - 22.1% 33.2%
1970 - - 23.6% 31.6%
1969 - - 15.6% 29.1%
1968 - - 13.7% 27.5%
1967 - - 12.9% 25.9%
1966 - - 12.2% 25.1%
1965 - - 11.2% 22.7%
1964 - - 12.1% 21.3%
1963 - - 14.7% 19.2%
1962 - - 11.8% 16.6%
1961 - - 10.6% 19.6%
1960 - - 10% 19.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1993–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Georgia's government spending was $10.8B, accounting for 28.4% of its GDP, while Pakistan spent $86.4B, or 21.2% of GDP.

Debt-to-GDP ratio is 34.3% in Georgia and 72.8% in Pakistan, ranking 147/185 and 53/185, respectively.

Government deficit by year

Deficit/surplus
Georgia

Pakistan
1x
Year Deficit/surplus, % of GDP
Georgia Pakistan
2025 -1.46% -5.37%
2024 -2.27% -6.79%
2023 -2.33% -7.76%
2022 -2.2% -7.84%
2021 -5.97% -6.04%
2020 -9.16% -7.03%
2019 -1.82% -7.79%
2018 -0.8% -5.67%
2017 -0.45% -5.17%
2016 -1.49% -3.92%
2015 -1.16% -4.74%
2014 -1.78% -4.37%
2013 -1.25% -7.48%
2012 -0.71% -7.74%
2011 -0.81% -6.23%
2010 -4.48% -5.42%
2009 -6.36% -4.53%
2008 -1.92% -5.94%
2007 0.81% -4.23%
2006 3.28% -2.79%
2005 2.14% -2.29%
2004 3.59% -1.29%
2003 -0.55% -0.12%
2002 -0.19% -2.64%
2001 -0.71% -2.45%
2000 -1.92% -3.21%
1999 -4.7% -3.07%
1998 -3.96% -4.46%
1997 -6.63% -3.87%
1996 -5.91% -4.33%
1995 -4.89% -3.9%
1994 - -3.63%
1993 - -5.53%
1992 - -11.3%
1991 - -10.8%
1990 - -11.9%
1989 - -7.01%
1988 - -9.35%
1987 - -11.7%
1986 - -9.79%
1985 - -10.6%
1984 - -8.9%
1983 - -7.55%
1982 - -8.24%
1981 - -5.83%
1980 - -5.32%
1979 - -11.6%
1978 - -12.4%
1977 - -8.74%
1976 - -9.05%
1975 - -8.97%
1974 - -4.45%
1973 - -3.99%
1972 - -3.16%
1971 - -7.45%
1970 - -10.8%
1969 - -7.08%
1968 - -5.56%
1967 - -4.27%
1966 - -4.48%
1965 - -3.28%
1964 - -4.89%
1963 - -6.55%
1962 - -3.39%
1961 - -4.6%
1960 - -3.83%
1959 - -3.71%
1958 - -4.2%
1957 - -2.21%
1956 - -2.36%
1955 - -2%
1954 - -3.18%
1953 - -2.66%
1952 - -0.73%
1951 - 0.63%
1950 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1992, retrieved 2026-07-08).

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

In 2025, Georgia's government deficit, the difference between spending and revenue, was $555M, equivalent to 1.46% of GDP. This compares to Pakistan's deficit of $21.9B, or 5.37% of GDP.

Over the past 31 years, Georgia recorded a fiscal deficit in 27 of those years, while Pakistan ran a deficit in 31 years. On average, Georgia posted an annual deficit equal to 2.13% of GDP, compared to deficit of 4.79% of GDP for Pakistan.

Inflation comparison by year

Inflation
Georgia

Pakistan
1x
Year Consumer prices inflation
Georgia Pakistan
2025 3.87% 3.55%
2024 1.11% 12.6%
2023 2.49% 30.8%
2022 11.9% 19.9%
2021 9.57% 9.5%
2020 5.2% 9.74%
2019 4.85% 10.6%
2018 2.62% 5.08%
2017 6.04% 4.09%
2016 2.13% 3.77%
2015 4% 2.53%
2014 3.07% 7.19%
2013 -0.51% 7.69%
2012 -0.94% 9.68%
2011 8.54% 11.9%
2010 7.11% 12.9%
2009 1.73% 13.6%
2008 10% 20.3%
2007 9.24% 7.6%
2006 9.16% 7.92%
2005 8.25% 9.06%
2004 5.66% 7.44%
2003 0.84% 2.91%
2002 5.59% 3.29%
2001 4.65% 3.15%
2000 4.06% 4.37%
1999 19.2% 4.14%
1998 3.57% 6.23%
1997 7.09% 11.4%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Georgia has recorded an average annual inflation rate of 5.52%, compared with 9.07% in Pakistan. In 2025, inflation was 3.87% in Georgia and 3.55% in Pakistan.

Top exports between countries

Georgia
Export category Export value
Transport & tourism services $15.7M
Chemicals & pharma $181K
Machinery & equipment $151K
Metals $45K
Textiles & consumer goods $40K
Weapons & explosives $34K
Raw materials & minerals $6K
Miscellaneous $1K
Pakistan
Export category Export value
Textiles & consumer goods $3.6M
Raw agricultural goods $2.52M
Machinery & equipment $1.13M
Chemicals & pharma $433K
Processed food, beverages & tobacco $430K
Raw materials & minerals $130K
Animal & marine products $95K
Weapons & explosives $36K
Miscellaneous $15K
Metals $9K

Balance of trade

Georgia Pakistan
Current account balance
-$1.01B
2025
-$448M
2025
Current account balance ranking
116/190
2025
102/190
2025
Current account balance, % of GDP
-2.65%
2025
-0.11%
2025
Goods imports
$16.5B
2025
$62.6B
2025
Goods exports
$9.63B
2025
$31.5B
2025
Service imports
$3.85B
2025
$12B
2025
Service exports
$8.49B
2025
$9.09B
2025
Imports of goods and services, % of GDP
53.2%
2025
17.2%
2025
Exports of goods and services, % of GDP
47.4%
2025
9.99%
2025

Economic freedom indices

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

Georgia Pakistan
Economic freedom 69.6 48.9
Economic freedom ranking 41/197 168/197
Property rights 53 25.7
Government integrity 59.9 26.3
Judicial effectiveness 53.8 27.6
Tax burden 87.8 78.2
Government spending 73.9 88.5
Fiscal health 89.1 10.1
Business freedom 76.6 54.4
Labor freedom 64 51.7
Monetary freedom 70.2 54.1
Trade freedom 86.8 70.4
Investment freedom 60 60
Financial freedom 60 40

Economic freedom comparison by year

Georgia
Pakistan
1x
Year Economic freedom index
Georgia Pakistan
2026 69.6 48.9
2025 69 49.1
2024 68.4 49.5
2023 68.7 49.4
2022 71.8 48.8
2021 77.2 51.7
2020 77.1 54.8
2019 75.9 55
2018 76.2 54.4
2017 76 52.8
2016 72.6 55.9
2015 73 55.6
2014 72.6 55.2
2013 72.2 55.1
2012 69.4 54.7
2011 70.4 55.1
2010 70.4 55.2
2009 69.8 57
2008 69.2 55.6
2007 69.3 57.2
2006 64.5 57.9
2005 57.1 53.3
2004 58.9 54.9
2003 58.6 55
2002 56.7 55.8
2001 58.3 56
2000 54.3 56.4
1999 52.5 53
1998 47.9 53.2
1997 46.5 56
1996 44.1 58.4
1995 - 57.6

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Georgia is 69.6, ranking 41/197, compared to 48.9 for Pakistan, ranking 168/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Georgia Pakistan
Services, % of GDP
63.9%
2025
50.9%
2025
Industry, % of GDP
18.6%
2025
20.1%
2025
Agriculture, forestry, and fishing, % of GDP
5.18%
2025
23%
2025
GNI, Atlas method
$35.4B
2025
$382B
2025
GNI per capita, PPP
$27,570
2025
$6,430
2025
Total reserves including gold
$6.16B
2025
$26.5B
2025
Total reserves ranking
94/177
2025
62/177
2025
Net foreign direct investment
-$1.39B
2025
-$1.58B
2025
Net inflows of foreign direct investment
$1.6B
2024
$2.66B
2024
Net outflows of foreign direct investment
$462M
2024
$84M
2024
Servicing debt to the IMF, % of GNI
15.2%
2024
4.5%
2024
Poverty at national poverty lines
9.4%
2024
21.9%
2018
Gross capital formation, % of GDP
21.3%
2025
14.3%
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/georgia/pakistan | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2022–2025, 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.