Inflation Georgia 2020
Average inflation: 6.0%
Current Inflation
Inflation is very high at 6.0%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 7.8%. The lowest inflation was in July at 4.8%.
- Highest month
- February: 7.8%
- Lowest month
- July: 4.8%
- Difference
- 3.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 10.6%. The lowest price increase was in Energy with an average of 0.8%.
- Highest increase
- Food: 10.6%
- Lowest increase
- Energy: 0.8%
Historical Context
Current inflation is 1.0% lower than the 5-year average of 7.0%.
- 5-year average
- 7%
- 10-year average
- 6.2%
- All-time high (2017)
- 8%
- All-time low (2006)
- 2.1%
Trend
Inflation has remained relatively stable. Compared to 2019, the difference is minimal (-1.1 percentage point).
- Change vs. previous year
- -1.1 percentage points
- Largest monthly swing
- July: -2.5 percentage points
ECB Target
Inflation is 4.0% 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 €106.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 7.4% | +1.3 |
| February | 7.8% | +1.6 |
| March | 7.6% | +1.5 |
| April | 5.6% | -1.3 |
| May | 5.4% | -2.1 |
| June | 5.1% | -2.2 |
| July | 4.8% | -2.5 |
| August | 5.4% | -2.0 |
| September | 5.2% | -2.4 |
| October | 5.6% | -1.9 |
| November | 5.8% | -1.9 |
| December | 5.7% | -2.0 |
| Average | 6.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.