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Georgia
Inflation in Georgia: 2000 – 2026

Since 20201 Year5 Years10 Years15 Years20 YearsAll
Start
End
Latest month of data:June 2026
Cumulative Inflation for 26 Years 6 Months
+274.6%
Average Inflation Rate
5.1%
Price Multiplier
3.75x
Loss of Buying Power
-73.3%
inflationcompare.com

Report for: January 2000 — June 2026

Moderate (creeping) inflation was recorded with an average annual rate of 5.1%. This is the standard operating mode for most economies, stimulating consumption. However, over time, this rate leads to a logical erosion of capital: the total cost of living increased by 3.75 times, reducing the real value of GEL to 27%.

Inflation Rate by Year

Inflation Adjusted Prices

Equivalent Value
What cost 100 GEL in 2000, would cost 375 GEL today. To maintain the same standard of living, income over 26 years should have grown by 3.75 times.
2000100 GEL
+274.6%
2026375 GEL

Value Adjusted for Inflation

Loss of Buying Power

Real Value
Since 2000, the purchasing power of 100 GEL has decreased to 27 GEL. The chart shows how GEL lost a total of 73.3% of its value over 26 years.
2000100 GEL
-73.3%
202627 GEL
-73%
Total Loss

Purchasing Power Over Time

Cumulative Inflation (%)

Historical Inflation Table

YearInflation (%)
20264.36%
20253.98%
20241.86%
20230.40%
20229.88%
202113.94%
20202.39%
20196.98%
20181.57%
20176.72%
20161.80%
20154.84%
20142.01%
20132.34%
2012-1.39%
20112.07%
201011.22%
20093.02%
20085.47%
200711.00%
20068.80%
20056.13%
20047.54%
20036.88%
20025.49%
20013.48%
20004.20%

Related Countries

Russia
Russia
Belarus
Belarus
Türkiye
Türkiye

Calculation Methodology

Calculations are based on CPI Geostat. It is a consumer price index that measures the average change in prices for goods and services purchased by the population.

Price Multiplier

Price Multiplier shows how many times prices have increased. In macroeconomics, this baseline metric is known as the Price Index Ratio. It is derived directly from official CPI data and serves as the mathematical foundation for all other calculations on this page.

Formula:
Price Multiplier(K)=CPI2026CPI2000\text{Price Multiplier} (K) = \frac{\text{CPI}_{2026}}{\text{CPI}_{2000}}
Calculation:
196.30052.400=3.7462\frac{196.300}{52.400} = 3.7462
Cumulative Inflation

To calculate the cumulative inflation since 2000, we use the following formula:

Formula:
(K−1)×100=Cumulative(%)(K - 1) \times 100 = \text{Cumulative} (\%)
Calculation:
(3.7462−1)×100=274.6%(3.7462 - 1) \times 100 = 274.6\%
Average Inflation Rate

Shows the average annual price growth rate including compound interest (where each year's inflation is added to already increased prices). To calculate the average annual inflation for 26 years since 2000, we use the following formula:

Formula:
K1n−1=Average Inflation RateK^{\frac{1}{n}} - 1 = \text{Average Inflation Rate}
n — number of years (26)
Calculation:
(3.74621/26−1)×100=5.1%(3.7462^{1/26} - 1) \times 100 = 5.1\%
Loss of Buying Power

To find out what share of its real value savings in GEL have lost since 2000, we calculate the percentage drop in purchasing power. Loss of buying power is calculated as an inverse proportion to price growth:

Formula:
(1−1K)×100=Loss of Buying Power(%)\left( 1 - \frac{1}{K} \right) \times 100 = \text{Loss of Buying Power} (\%)
Calculation:
(1−13.7462)×100=73.3%\left( 1 - \frac{1}{3.7462} \right) \times 100 = 73.3\%
Equivalent Value

To calculate the equivalent value in terms of purchasing power in 2026, we multiply the initial value from 2000 by the price growth factor:

Formula:
Original Amount×K=Equivalent\text{Original Amount} \times K = \text{Equivalent}
Calculation:
100×3.7462=375 GEL100 \times 3.7462 = 375 \text{ GEL}

Citation & Data Usage

You can use the data in your articles. Link to the source:

"Inflation in Georgia (2000–2026)", InflationCompare, . Accessed 18 July 2026. Data source: CPI Geostat.
Inflation in Georgia (2000–2026)