Total shortfall from extreme poverty in Georgia

Georgia: Total shortfall from extreme poverty was 37.23 million international-$ in 2021 prices in 2024. ◆ Volatile

Latest (2024)
37.23 million international-$ in 2021 prices
Change on year
down 29.4%
World rank
69th
of 120 countries
All-time high
578.69 million international-$ in 2021 prices
in 2000
All-time low
37.23 million international-$ in 2021 prices
in 2024
Years of data
29
1996–2024

Total shortfall from extreme poverty in Georgia, 1996–2024

0200.0M400.0M600.0M1996201020241996: 163.0M international-$ in 2021 prices1997: 506.1M international-$ in 2021 prices1998: 458.8M international-$ in 2021 prices1999: 552.3M international-$ in 2021 prices2000: 578.7M international-$ in 2021 prices2001: 567.4M international-$ in 2021 prices2002: 301.1M international-$ in 2021 prices2003: 309.0M international-$ in 2021 prices2004: 288.1M international-$ in 2021 prices2005: 304.3M international-$ in 2021 prices2006: 299.0M international-$ in 2021 prices2007: 321.8M international-$ in 2021 prices2008: 283.1M international-$ in 2021 prices2009: 278.2M international-$ in 2021 prices2010: 324.1M international-$ in 2021 prices2011: 303.2M international-$ in 2021 prices2012: 234.2M international-$ in 2021 prices2013: 172.8M international-$ in 2021 prices2014: 135.2M international-$ in 2021 prices2015: 109.5M international-$ in 2021 prices2016: 109.3M international-$ in 2021 prices2017: 133.2M international-$ in 2021 prices2018: 125.5M international-$ in 2021 prices2019: 103.5M international-$ in 2021 prices2020: 127.9M international-$ in 2021 prices2021: 117.3M international-$ in 2021 prices2022: 92.4M international-$ in 2021 prices2023: 52.7M international-$ in 2021 prices2024: 37.2M international-$ in 2021 prices

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

The most recent figure for total shortfall from extreme poverty in Georgia is 37.23 million international-$ in 2021 prices, measured in 2024. That is the lowest value across all 29 years on record.

The figure is down 29.4% on the previous year and down 72.5% over ten years.

Over the whole period, total shortfall from extreme poverty in Georgia peaked at 578.69 million international-$ in 2021 prices in 2000 and was at its lowest, 37.23 million international-$ in 2021 prices, in 2024.

That places Georgia 69th out of 120 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Total shortfall from extreme poverty in Georgia, year by year

Annual values for Total shortfall from extreme poverty in Georgia, 1996 to 2024.
Year international-$ in 2021 prices Change
1996 163.03 million international-$ in 2021 prices
1997 506.10 million international-$ in 2021 prices +210.4%
1998 458.77 million international-$ in 2021 prices -9.4%
1999 552.34 million international-$ in 2021 prices +20.4%
2000 578.69 million international-$ in 2021 prices +4.8%
2001 567.38 million international-$ in 2021 prices -2.0%
2002 301.10 million international-$ in 2021 prices -46.9%
2003 309.00 million international-$ in 2021 prices +2.6%
2004 288.14 million international-$ in 2021 prices -6.7%
2005 304.34 million international-$ in 2021 prices +5.6%
2006 298.95 million international-$ in 2021 prices -1.8%
2007 321.85 million international-$ in 2021 prices +7.7%
2008 283.06 million international-$ in 2021 prices -12.1%
2009 278.21 million international-$ in 2021 prices -1.7%
2010 324.10 million international-$ in 2021 prices +16.5%
2011 303.19 million international-$ in 2021 prices -6.5%
2012 234.18 million international-$ in 2021 prices -22.8%
2013 172.82 million international-$ in 2021 prices -26.2%
2014 135.16 million international-$ in 2021 prices -21.8%
2015 109.46 million international-$ in 2021 prices -19.0%
2016 109.28 million international-$ in 2021 prices -0.2%
2017 133.17 million international-$ in 2021 prices +21.9%
2018 125.51 million international-$ in 2021 prices -5.8%
2019 103.47 million international-$ in 2021 prices -17.6%
2020 127.91 million international-$ in 2021 prices +23.6%
2021 117.25 million international-$ in 2021 prices -8.3%
2022 92.42 million international-$ in 2021 prices -21.2%
2023 52.72 million international-$ in 2021 prices -43.0%
2024 37.23 million international-$ in 2021 prices -29.4%

Georgia compared with similar countries

  • Georgia's 37.23 million international-$ in 2021 prices is above the median for upper middle income countries, which is 34.83 million international-$ in 2021 prices, 1.1× the median. (35 countries reporting)
  • Georgia's 37.23 million international-$ in 2021 prices is above the median for Europe & Central Asia, which is 8.37 million international-$ in 2021 prices, 4.5× the median. (47 countries reporting)

Biggest year-on-year movements

Years where Total shortfall from extreme poverty in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1997 +210.4% 163.03 million international-$ in 2021 prices 506.10 million international-$ in 2021 prices

Averages by decade

DecadeAverage LowestHighest Years
1990s 420.06 million international-$ in 2021 prices 163.03 million international-$ in 2021 prices 552.34 million international-$ in 2021 prices 4
2000s 353.07 million international-$ in 2021 prices 278.21 million international-$ in 2021 prices 578.69 million international-$ in 2021 prices 10
2010s 175.03 million international-$ in 2021 prices 103.47 million international-$ in 2021 prices 324.10 million international-$ in 2021 prices 10
2020s 85.51 million international-$ in 2021 prices 37.23 million international-$ in 2021 prices 127.91 million international-$ in 2021 prices 5

Countries ranked near Georgia

  1. 66 Panama 39.84 million international-$ in 2021 prices compare
  2. 67 Turkey 39.66 million international-$ in 2021 prices compare
  3. 68 Austria 39.26 million international-$ in 2021 prices compare
  4. 70 Paraguay 36.76 million international-$ in 2021 prices compare
  5. 71 France 34.88 million international-$ in 2021 prices compare
  6. 72 Serbia 34.83 million international-$ in 2021 prices compare

See the full ranking of 120 places →

More poverty & inequality data for Georgia

All data for Georgia →

Frequently asked questions

What is total shortfall from extreme poverty in Georgia?
Total shortfall from extreme poverty in Georgia was 37.23 million international-$ in 2021 prices in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest total shortfall from extreme poverty recorded in Georgia?
The highest recorded value was 578.69 million international-$ in 2021 prices in 2000.
What is the lowest total shortfall from extreme poverty recorded in Georgia?
The lowest recorded value was 37.23 million international-$ in 2021 prices in 2024.
How does Georgia rank for total shortfall from extreme poverty?
Georgia ranks 69th out of 120 countries with data for 2024.
Is total shortfall from extreme poverty rising or falling in Georgia?
Over the last ten years it is down 72.5%. The long-run trend across the full record is volatile.
Where does this Georgia data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Total shortfall from extreme poverty. Statizoid updates them automatically from the source API.

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Total shortfall from extreme poverty in Georgia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://poverty.statizoid.com/stat/total-shortfall-from-extreme-poverty/georgia/

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About this data

Indicator
Total shortfall from extreme poverty
Unit
international-$ in 2021 prices
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.