Inflation Georgia 2021
Average inflation: 7.4%
Current Inflation
Inflation is very high at 7.4%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 8.2%. The lowest inflation was in February at 6.4%.
- Highest month
- July: 8.2%
- Lowest month
- February: 6.4%
- Difference
- 1.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 10.9%. The lowest price increase was in Energy with an average of 7.6%.
- Highest increase
- Food: 10.9%
- Lowest increase
- Energy: 7.6%
Historical Context
Current inflation is around the 5-year average of 7.0%. This approaches the highest level since records began (8.0% in 2017).
- 5-year average
- 7%
- 10-year average
- 6.5%
- All-time high (2017)
- 8%
- All-time low (2006)
- 2.1%
Trend
Inflation has remained relatively stable. Compared to 2020, the difference is minimal (+1.4 percentage point).
- Change vs. previous year
- +1.4 percentage points
- Largest monthly swing
- July: +3.4 percentage points
ECB Target
Inflation is 5.4% 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 €107.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 7.6% | +0.2 |
| February | 6.4% | -1.4 |
| March | 7.4% | -0.2 |
| April | 7.3% | +1.7 |
| May | 7.7% | +2.3 |
| June | 8.1% | +3.0 |
| July | 8.2% | +3.4 |
| August | 6.9% | +1.5 |
| September | 7.0% | +1.8 |
| October | 7.3% | +1.7 |
| November | 7.1% | +1.3 |
| December | 7.6% | +1.9 |
| Average | 7.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.