<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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030 C000900 0.00
034 000900 N
035 000900 0
036 B000900 0
037 000900 N
038 000900 0
039 000900 N
040 000900 N
041 000900 N
045 000900 Y
046 000900 N
047 000900 Y
048 000900 1.000
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048 E020900 0.000
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048 F020900 0.000
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048 G020900 0.000
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048 H020900 0.000
048 I010900 0
048 I020900 0.000
048 J010900 0
048 J020900 0.000
048 K010900 0
048 K020900 0.000
049 000900 N
050 000900 N
051 000900 N
052 000900 N
053 A000900 Y
053 B000900 Y
053 C000900 N
055 A000900 N
055 B000900 N
<PAGE> PAGE 42
056 000900 Y
057 000900 N
058 A000900 N
059 000900 Y
060 A000900 Y
060 B000900 Y
061 000900 2000
062 A000900 N
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 0.0
062 N000900 0.0
062 O000900 0.0
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
066 A000900 Y
066 B000900 N
066 C000900 N
066 D000900 Y
066 E000900 N
066 F000900 N
066 G000900 N
067 000900 N
068 A000900 N
068 B000900 N
069 000900 N
070 A010900 Y
070 A020900 Y
070 B010900 Y
070 B020900 N
070 C010900 Y
070 C020900 N
070 D010900 Y
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 Y
<PAGE> PAGE 43
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 Y
070 K010900 Y
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 Y
070 M020900 Y
070 N010900 Y
070 N020900 Y
070 O010900 Y
070 O020900 Y
070 P010900 Y
070 P020900 Y
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000900 802
071 B000900 2064
071 C000900 5064
071 D000900 16
072 A000900 6
072 B000900 9
072 C000900 55
072 D000900 0
072 E000900 0
072 F000900 28
072 G000900 0
072 H000900 0
072 I000900 0
072 J000900 3
072 K000900 0
072 L000900 4
072 M000900 2
072 N000900 0
072 O000900 0
072 P000900 0
072 Q000900 1
072 R000900 5
072 S000900 3
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072 X000900 46
072 Y000900 11
072 Z000900 29
<PAGE> PAGE 44
072AA000900 390
072BB000900 190
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072DD010900 0
072DD020900 0
072EE000900 0
073 A010900 0.0000
073 A020900 0.0000
073 B000900 0.0000
073 C000900 0.0000
074 A000900 3
074 B000900 0
074 C000900 284
074 D000900 0
074 E000900 0
074 F000900 4962
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 260
074 K000900 0
074 L000900 13
074 M000900 0
074 N000900 5522
074 O000900 0
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074 R010900 43
074 R020900 0
074 R030900 0
074 R040900 0
074 S000900 0
074 T000900 5479
074 U010900 296
074 U020900 0
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075 A000900 0
075 B000900 5687
076 000900 0.00
SIGNATURE DANA R. SUTTON
TITLE SR VP & TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the GT
Variable Strategic Income Fund June 30, 1999 semi-annual report.
</LEGEND>
<CIK> 0000891761
<NAME> GT GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 1
<NAME> GT GLOBAL VARIABLE STRATEGIC INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 17795569
<INVESTMENTS-AT-VALUE> 16817078
<RECEIVABLES> 590223
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 53
<TOTAL-ASSETS> 17407354
<PAYABLE-FOR-SECURITIES> 756967
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 103389
<TOTAL-LIABILITIES> 860356
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 19350304
<SHARES-COMMON-STOCK> 1420435
<SHARES-COMMON-PRIOR> 1777818
<ACCUMULATED-NII-CURRENT> 137568
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1955945)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (984929)
<NET-ASSETS> 16546998
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 748705
<OTHER-INCOME> 1338
<EXPENSES-NET> (118114)
<NET-INVESTMENT-INCOME> 631929
<REALIZED-GAINS-CURRENT> (634703)
<APPREC-INCREASE-CURRENT> (468037)
<NET-CHANGE-FROM-OPS> (470811)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (697780)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 635561
<NUMBER-OF-SHARES-REDEEMED> (1051143)
<SHARES-REINVESTED> 58199
<NET-CHANGE-IN-ASSETS> (5474847)
<ACCUMULATED-NII-PRIOR> 203422
<ACCUMULATED-GAINS-PRIOR> (1321242)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 69832
<INTEREST-EXPENSE> 632
<GROSS-EXPENSE> 134702
<AVERAGE-NET-ASSETS> 18776276
<PER-SHARE-NAV-BEGIN> 12.39
<PER-SHARE-NII> 0.43
<PER-SHARE-GAIN-APPREC> (0.72)
<PER-SHARE-DIVIDEND> (0.45)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.65
<EXPENSE-RATIO> 1.00
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the GT
Global Variable Government Income Fund June 30, 1999 semi-annual
report.
</LEGEND>
<CIK> 0000891761
<NAME> GT GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 2
<NAME> GT GLOBAL VARIABLE GOVERNMENT INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 7105777
<INVESTMENTS-AT-VALUE> 6524591
<RECEIVABLES> 112378
<ASSETS-OTHER> 952
<OTHER-ITEMS-ASSETS> 40493
<TOTAL-ASSETS> 6678414
<PAYABLE-FOR-SECURITIES> 273716
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 87436
<TOTAL-LIABILITIES> 361152
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7230583
<SHARES-COMMON-STOCK> 581235
<SHARES-COMMON-PRIOR> 738856
<ACCUMULATED-NII-CURRENT> 69539
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (400593)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (582267)
<NET-ASSETS> 6317262
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 221063
<OTHER-INCOME> 871
<EXPENSES-NET> (38594)
<NET-INVESTMENT-INCOME> 183340
<REALIZED-GAINS-CURRENT> (47287)
<APPREC-INCREASE-CURRENT> (720137)
<NET-CHANGE-FROM-OPS> (584084)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (115643)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 542193
<NUMBER-OF-SHARES-REDEEMED> (709811)
<SHARES-REINVESTED> 9997
<NET-CHANGE-IN-ASSETS> (2483429)
<ACCUMULATED-NII-PRIOR> 1842
<ACCUMULATED-GAINS-PRIOR> (353306)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 28648
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 47509
<AVERAGE-NET-ASSETS> 6472850
<PER-SHARE-NAV-BEGIN> 11.91
<PER-SHARE-NII> 0.28
<PER-SHARE-GAIN-APPREC> (1.16)
<PER-SHARE-DIVIDEND> (0.16)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.87
<EXPENSE-RATIO> 1.00
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the GT
Variable Latin America Fund June 30, 1999 semi-annual report.
</LEGEND>
<CIK> 0000891761
<NAME> GT GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 3
<NAME> GT GLOBAL VARIABLE LATIN AMERICA FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 13276987
<INVESTMENTS-AT-VALUE> 11799787
<RECEIVABLES> 305508
<ASSETS-OTHER> 4584
<OTHER-ITEMS-ASSETS> 2160
<TOTAL-ASSETS> 12112039
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 36893
<TOTAL-LIABILITIES> 36893
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17921785
<SHARES-COMMON-STOCK> 951922
<SHARES-COMMON-PRIOR> 1034282
<ACCUMULATED-NII-CURRENT> 416654
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (4781337)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1481956)
<NET-ASSETS> 12075146
<DIVIDEND-INCOME> 188520
<INTEREST-INCOME> 3412
<OTHER-INCOME> 4958
<EXPENSES-NET> (67851)
<NET-INVESTMENT-INCOME> 129039
<REALIZED-GAINS-CURRENT> (1551264)
<APPREC-INCREASE-CURRENT> 4134380
<NET-CHANGE-FROM-OPS> 2712155
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 657736
<NUMBER-OF-SHARES-REDEEMED> (740096)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 2139889
<ACCUMULATED-NII-PRIOR> 287615
<ACCUMULATED-GAINS-PRIOR> (3230073)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 50831
<INTEREST-EXPENSE> 4377
<GROSS-EXPENSE> 84256
<AVERAGE-NET-ASSETS> 10250544
<PER-SHARE-NAV-BEGIN> 9.61
<PER-SHARE-NII> 0.16
<PER-SHARE-GAIN-APPREC> 2.92
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.69
<EXPENSE-RATIO> 1.25
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the GT
Variable Growth & Income Fund June 30, 1999 semi-annual report.
</LEGEND>
<CIK> 0000891761
<NAME> GT GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 4
<NAME> GT GLOBAL VARIABLE GROWTH & INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 40116118
<INVESTMENTS-AT-VALUE> 46232012
<RECEIVABLES> 1708306
<ASSETS-OTHER> 877
<OTHER-ITEMS-ASSETS> 434277
<TOTAL-ASSETS> 48375472
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 107598
<TOTAL-LIABILITIES> 107598
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 30338152
<SHARES-COMMON-STOCK> 2332391
<SHARES-COMMON-PRIOR> 2584126
<ACCUMULATED-NII-CURRENT> 912637
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 10794250
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6222835
<NET-ASSETS> 48267874
<DIVIDEND-INCOME> 545629
<INTEREST-INCOME> 419434
<OTHER-INCOME> 4046
<EXPENSES-NET> (310486)
<NET-INVESTMENT-INCOME> 658623
<REALIZED-GAINS-CURRENT> 3427109
<APPREC-INCREASE-CURRENT> (5517596)
<NET-CHANGE-FROM-OPS> (1431864)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (467607)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1890230
<NUMBER-OF-SHARES-REDEEMED> (2164204)
<SHARES-REINVESTED> 22239
<NET-CHANGE-IN-ASSETS> (7312387)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 250685
<INTEREST-EXPENSE> 4543
<GROSS-EXPENSE> 313227
<AVERAGE-NET-ASSETS> 50506489
<PER-SHARE-NAV-BEGIN> 21.51
<PER-SHARE-NII> 0.28
<PER-SHARE-GAIN-APPREC> (0.90)
<PER-SHARE-DIVIDEND> (0.20)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 20.69
<EXPENSE-RATIO> 1.23
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the GT
Variable US Government Income Fund June 30, 1999 semi-annual report.
</LEGEND>
<CIK> 0000891761
<NAME> GT GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 5
<NAME> GT GLOBAL VARIABLE US GOVERNMENT INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 5823280
<INVESTMENTS-AT-VALUE> 5621035
<RECEIVABLES> 102758
<ASSETS-OTHER> 23946
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5747739
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 33563
<TOTAL-LIABILITIES> 33563
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5618570
<SHARES-COMMON-STOCK> 500035
<SHARES-COMMON-PRIOR> 609681
<ACCUMULATED-NII-CURRENT> 71058
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 226793
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (202245)
<NET-ASSETS> 5714176
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 211258
<OTHER-INCOME> 0
<EXPENSES-NET> (34028)
<NET-INVESTMENT-INCOME> 177230
<REALIZED-GAINS-CURRENT> 5159
<APPREC-INCREASE-CURRENT> (398871)
<NET-CHANGE-FROM-OPS> (216482)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (179356)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 146457
<NUMBER-OF-SHARES-REDEEMED> (271347)
<SHARES-REINVESTED> 15244
<NET-CHANGE-IN-ASSETS> (1666995)
<ACCUMULATED-NII-PRIOR> 73184
<ACCUMULATED-GAINS-PRIOR> 221634
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 25270
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 34042
<AVERAGE-NET-ASSETS> 6788314
<PER-SHARE-NAV-BEGIN> 12.11
<PER-SHARE-NII> 0.31
<PER-SHARE-GAIN-APPREC> (0.67)
<PER-SHARE-DIVIDEND> (0.32)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.43
<EXPENSE-RATIO> 1.00
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the GT
Variable Telecommunications Fund June 30, 1999 semi-annual report.
</LEGEND>
<CIK> 0000891761
<NAME> GT GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 6
<NAME> GT GLOBAL VARIABLE TELECOMMUNICATIONS FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 50052330
<INVESTMENTS-AT-VALUE> 73775631
<RECEIVABLES> 173646
<ASSETS-OTHER> 133
<OTHER-ITEMS-ASSETS> 688
<TOTAL-ASSETS> 73950098
<PAYABLE-FOR-SECURITIES> 47438
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 200268
<TOTAL-LIABILITIES> 247706
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 35934926
<SHARES-COMMON-STOCK> 2854588
<SHARES-COMMON-PRIOR> 3362824
<ACCUMULATED-NII-CURRENT> (183211)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14227642
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 23723035
<NET-ASSETS> 73702392
<DIVIDEND-INCOME> 137184
<INTEREST-INCOME> 99294
<OTHER-INCOME> 27633
<EXPENSES-NET> (447362)
<NET-INVESTMENT-INCOME> (183251)
<REALIZED-GAINS-CURRENT> 7741500
<APPREC-INCREASE-CURRENT> 7707314
<NET-CHANGE-FROM-OPS> 15265563
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1927792
<NUMBER-OF-SHARES-REDEEMED> (2436028)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 4243057
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 6486142
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 364511
<INTEREST-EXPENSE> 4428
<GROSS-EXPENSE> 449429
<AVERAGE-NET-ASSETS> 73506381
<PER-SHARE-NAV-BEGIN> 20.66
<PER-SHARE-NII> (0.06)
<PER-SHARE-GAIN-APPREC> 5.22
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 25.82
<EXPENSE-RATIO> 1.21
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the GT
Variable Emerging Markets Fund June 30, 1999 semi-annual report.
</LEGEND>
<CIK> 0000891761
<NAME> GT GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 7
<NAME> GT GLOBAL VARIABLE EMERGING MARKETS FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 7647343
<INVESTMENTS-AT-VALUE> 8565691
<RECEIVABLES> 1371917
<ASSETS-OTHER> 809
<OTHER-ITEMS-ASSETS> 199426
<TOTAL-ASSETS> 10137843
<PAYABLE-FOR-SECURITIES> 405760
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 50176
<TOTAL-LIABILITIES> 455936
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13557576
<SHARES-COMMON-STOCK> 1105930
<SHARES-COMMON-PRIOR> 844749
<ACCUMULATED-NII-CURRENT> 132522
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (4929194)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 921003
<NET-ASSETS> 9681907
<DIVIDEND-INCOME> 86367
<INTEREST-INCOME> 20664
<OTHER-INCOME> 727
<EXPENSES-NET> (51670)
<NET-INVESTMENT-INCOME> 56088
<REALIZED-GAINS-CURRENT> (141909)
<APPREC-INCREASE-CURRENT> 2047811
<NET-CHANGE-FROM-OPS> 1961990
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
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[AVG-DEBT-OUTSTANDING] 0
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the GT
Variable Natural Resources Fund June 30, 1999 semi-annual report.
</LEGEND>
<CIK> 0000891761
<NAME> GT GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 8
<NAME> GT GLOBAL VARIABLE NATURAL RESOURCES FUND
<S> <C>
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[AVG-DEBT-OUTSTANDING] 0
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the GT
Variable Infrastructure Fund June 30, 1999 semi-annual report.
</LEGEND>
<CIK> 0000891761
<NAME> GT GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 9
<NAME> GT GLOBAL VARIABLE INFRASTRUCTURE FUND
<S> <C>
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</TABLE>
