Inflation Georgia 2017
Average inflation: 8.0%
Current Inflation
Inflation is very high at 8.0%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 8.8%. The lowest inflation was in November at 6.9%.
- Highest month
- January: 8.8%
- Lowest month
- November: 6.9%
- Difference
- 1.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 6.8%. The lowest price increase was in Energy with an average of 1.6%.
- Highest increase
- Food: 6.8%
- Lowest increase
- Energy: 1.6%
Historical Context
Current inflation is 1.3% higher than the 5-year average of 6.7%. This approaches the highest level since records began (8.0% in 2017).
- 5-year average
- 6.7%
- 10-year average
- 5.7%
- All-time high (2017)
- 8%
- All-time low (2006)
- 2.1%
Trend
Inflation shows an upward trend. Compared to 2016, inflation has risen by +0.8 percentage point.
- Change vs. previous year
- +0.8 percentage points
- Largest monthly swing
- January: +2.1 percentage points
ECB Target
Inflation is 6.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €108.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 8.8% | +2.1 |
| February | 8.8% | +1.9 |
| March | 8.7% | +1.7 |
| April | 8.7% | +1.6 |
| May | 8.4% | +1.4 |
| June | 8.4% | +1.3 |
| July | 8.0% | +0.8 |
| August | 7.9% | +0.4 |
| September | 7.6% | +0.2 |
| October | 7.4% | 0.0 |
| November | 6.9% | -0.6 |
| December | 6.9% | -1.0 |
| Average | 8.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.