Inflation Georgia 2022
Average inflation: 11.5%
Current Inflation
Inflation is very high at 11.5%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 13.7%. The lowest inflation was in January at 7.8%.
- Highest month
- December: 13.7%
- Lowest month
- January: 7.8%
- Difference
- 5.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 18.3%. The lowest price increase was in Food with an average of 17.9%.
- Highest increase
- Energy: 18.3%
- Lowest increase
- Food: 17.9%
Historical Context
Current inflation is 3.8% higher than the 5-year average of 7.7%. This approaches the highest level since records began (11.5% in 2022).
- 5-year average
- 7.7%
- 10-year average
- 7.2%
- All-time high (2022)
- 11.5%
- All-time low (2006)
- 2.1%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +4.1 percentage point.
- Change vs. previous year
- +4.1 percentage points
- Largest monthly swing
- September: +6.3 percentage points
ECB Target
Inflation is 9.5% 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 €111.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 7.8% | +0.2 |
| February | 8.3% | +1.9 |
| March | 8.2% | +0.8 |
| April | 11.7% | +4.4 |
| May | 11.6% | +3.9 |
| June | 11.7% | +3.6 |
| July | 12.3% | +4.1 |
| August | 12.9% | +6.0 |
| September | 13.3% | +6.3 |
| October | 13.2% | +5.9 |
| November | 13.0% | +5.9 |
| December | 13.7% | +6.1 |
| Average | 11.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.