GERD as a percentage of GDP in MDG: Caucasus and Central Asia

MDG: Caucasus and Central Asia: GERD as a percentage of GDP was 0.1% in 2023. ▼ Falling

Latest (2023)
0.1%
Change on year
up 6.1%
Rank
48th
of 50 groups
All-time high
0.3%
in 1997
All-time low
0.1%
in 2018
Years of data
28
1996–2023

GERD as a percentage of GDP in MDG: Caucasus and Central Asia, 1996–2023

00.10.20.31996200920231996: 0.2871997: 0.3011998: 0.2761999: 0.2522000: 0.2372001: 0.2542002: 0.2512003: 0.2512004: 0.2442005: 0.2422006: 0.2132007: 0.1932008: 0.1892009: 0.2132010: 0.1622011: 0.162012: 0.1652013: 0.1662014: 0.1672015: 0.1772016: 0.1672017: 0.1422018: 0.1312019: 0.1332020: 0.1472021: 0.1412022: 0.1362023: 0.144

Source: UNESCO Institute for Statistics.

Analysis

MDG: Caucasus and Central Asia recorded 0.1% for gerd as a percentage of gdp in 2023.

The figure is up 6.1% on the previous year and down 12.9% over ten years.

Over the whole period, gerd as a percentage of gdp in MDG: Caucasus and Central Asia peaked at 0.3% in 1997 and was at its lowest, 0.1%, in 2018.

That places MDG: Caucasus and Central Asia 48th out of 50 groups with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 28 years of available data.

GERD as a percentage of GDP in MDG: Caucasus and Central Asia, year by year

Annual values for GERD as a percentage of GDP in MDG: Caucasus and Central Asia, 1996 to 2023.
Year Value Change
1996 0.3%
1997 0.3% +5.1%
1998 0.3% -8.3%
1999 0.3% -8.8%
2000 0.2% -5.8%
2001 0.3% +7.2%
2002 0.3% -1.3%
2003 0.3% -0.1%
2004 0.2% -2.8%
2005 0.2% -0.6%
2006 0.2% -12.1%
2007 0.2% -9.6%
2008 0.2% -1.9%
2009 0.2% +12.5%
2010 0.2% -23.8%
2011 0.2% -1.5%
2012 0.2% +3.5%
2013 0.2% +0.4%
2014 0.2% +0.8%
2015 0.2% +5.8%
2016 0.2% -5.6%
2017 0.1% -15.1%
2018 0.1% -7.7%
2019 0.1% +1.8%
2020 0.1% +10.4%
2021 0.1% -3.7%
2022 0.1% -3.7%
2023 0.1% +6.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3% 0.3% 0.3% 4
2000s 0.2% 0.2% 0.3% 10
2010s 0.2% 0.1% 0.2% 10
2020s 0.1% 0.1% 0.1% 4

Countries ranked near MDG: Caucasus and Central Asia

  1. 45 Latvia 0.8% compare
  2. 46 Kenya 0.8% compare
  3. 47 Bulgaria 0.8% compare
  4. 48 Tunisia 0.7% compare
  5. 49 Iran, Islamic Republic of 0.7% compare
  6. 50 Uruguay 0.7% compare
  7. 51 Cyprus 0.7% compare

See the full ranking of 166 places →

More science & technology data for MDG: Caucasus and Central Asia

All data for MDG: Caucasus and Central Asia →

Frequently asked questions

What is gerd as a percentage of gdp in MDG: Caucasus and Central Asia?
Gerd as a percentage of gdp in MDG: Caucasus and Central Asia was 0.1% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in MDG: Caucasus and Central Asia?
The highest recorded value was 0.3% in 1997.
What is the lowest gerd as a percentage of gdp recorded in MDG: Caucasus and Central Asia?
The lowest recorded value was 0.1% in 2018.
How does MDG: Caucasus and Central Asia rank for gerd as a percentage of gdp?
MDG: Caucasus and Central Asia ranks 48th out of 50 groups with data for 2023.
Is gerd as a percentage of gdp rising or falling in MDG: Caucasus and Central Asia?
Over the last ten years it is down 12.9%. The long-run trend across the full record is falling.
Where does this MDG: Caucasus and Central Asia data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in MDG: Caucasus and Central Asia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 31 August 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/mdg-caucasus-and-central-asia/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release