Georgia
GEOEurope & Central AsiaUpper middle incomeCapital: Tbilisi▶About Georgia
Georgia's GDP is $40.18B (2026), with a population of 3.7M, and GDP per capita of $10,886. Key indicators include real GDP growth of 5.3%, inflation at 3.4%, unemployment at 13.9%, government debt at 33.4% of GDP, life expectancy of 74.5 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
Located in the Europe & Central Asia region, the economy is classified as upper middle income. The capital, Tbilisi, serves as the financial and political hub. In 2026, the GDP is projected to be 40.177 billion, with a growth rate of 5.3%. The GDP per capita is expected to be 10886.113, indicating moderate economic prosperity. The inflation rate is forecasted to be 3.4% in 2026. Trade is significant, with trade/GDP ratio at 103.456 in 2024. Unemployment is projected to be 12.097% in 2025. The population is approximately 3,699,557 as of 2024. Life expectancy stands at 74.496 years as of 2023, reflecting improvements in healthcare and living standards. The society is diverse, with a rich cultural heritage and a blend of traditional and modern influences. The country faces social challenges, including managing unemployment and ensuring inclusive economic growth.
▶Economy30 indicators · 2021–2027 · IMF / WB
▶Fiscal & Monetary22 indicators · 2023–2027 · IMF / WB
▶Trade15 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 103.5% | 2024 | ▼ 3.4% | WB |
| Exports of Goods & Services (% of GDP) | 47.8% | 2024 | ▼ 2.9% | WB |
| Imports of Goods & Services (% of GDP) | 55.6% | 2024 | ▼ 3.9% | WB |
| Exports of Goods & Services (USD) | $16.35B | 2024 | ▲ 7.8% | WB |
| Imports of Goods & Services (USD) | $19.02B | 2024 | ▲ 6.8% | WB |
| Merchandise Exports (USD) | $6.56B | 2024 | ▲ 7.8% | WB |
| Merchandise Imports (USD) | $16.89B | 2024 | ▲ 8.2% | WB |
| FDI Inflows (% of GDP) | 4.7% | 2024 | ▼ 31.7% | WB |
| FDI Outflows (% of GDP) | 1.4% | 2024 | ▼ 12.0% | WB |
| FDI Net Inflows (USD) | $1.60B | 2024 | ▼ 24.1% | WB |
| Personal Remittances Received (USD) | $4.06B | 2024 | ▼ 3.4% | WB |
| Personal Remittances Received (% of GDP) | 11.9% | 2024 | ▼ 13.0% | WB |
| High-Tech Exports (% of manufactured) | 3.7% | 2024 | ▲ 63.0% | WB |
| Current Account Balance (% of GDP) | -5.2% | 2024 | ▲ 1.6% | WB |
| Current Account Balance (USD) | $-1.79B | 2024 | ▼ 9.3% | WB |
▶External Debt7 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| External Debt (% of GNI) | 79.7% | 2024 | ▼ 6.2% | WB |
| External Debt Stocks (USD) | $25.16B | 2024 | ▲ 4.3% | WB |
| Total Debt Service (% of GNI) | 15.2% | 2024 | ▲ 21.2% | WB |
| Present Value of External Debt (USD) | $7.81B | 2024 | — | WB |
| Use of IMF Credit (USD) | $977.9M | 2024 | ▼ 8.0% | WB |
| Net ODA Received (% of GNI) | 1.3% | 2023 | ▼ 20.6% | WB |
| Net ODA Received (USD) | $365.2M | 2023 | ▼ 3.1% | WB |
▶Finance8 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Domestic Credit by Financial Sector (% of GDP) | 73.0% | 2024 | ▲ 5.3% | WB |
| Domestic Credit to Private Sector (% of GDP) | 68.1% | 2024 | ▲ 3.1% | WB |
| Bank Capital to Assets Ratio (%) | 15.2% | 2023 | ▲ 17.2% | WB |
| Bank Nonperforming Loans (%) | 1.5% | 2023 | ▼ 2.1% | WB |
| Account Ownership at Financial Institution (%) | 78.8% | 2024 | ▲ 11.8% | WB |
| Account Ownership, Female (%) | 81.3% | 2024 | ▲ 15.0% | WB |
| Account Ownership, Male (%) | 75.9% | 2024 | ▲ 8.1% | WB |
| Firms Using Banks to Finance Investment (%) | 35.3% | 2023 | — | WB |
▶Business Environment1 indicator · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Time to Get Electricity (days) | 41 | 2023 | — | WB |
▶Private Sector6 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Firms Expected to Pay Bribes (%) | 2.5% | 2023 | — | WB |
| Firms with Female Top Manager (%) | 29.5% | 2023 | — | WB |
| Firms with Female Participation in Ownership (%) | 21.0% | 2023 | — | WB |
| Firms Offering Training (%) | 31.4% | 2023 | — | WB |
| Average Firm Age (years) | 7 years | 2023 | — | WB |
| Firms Using Computers (%) | 37.9% | 2023 | — | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 3.7M | 2024 | ▼ 0.4% | WB |
| Population Growth (%) | -0.4% | 2024 | ▼ 635.2% | WB |
| Population Density (per km²) | 65 | 2023 | ▲ 0.1% | WB |
| Surface Area (sq km) | 69,700 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 69,490 | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 61.1% | 2024 | ▲ 0.5% | WB |
| Urban Population (total) | 2.3M | 2024 | ▲ 0.1% | WB |
| Rural Population (%) | 38.9% | 2024 | ▼ 0.8% | WB |
| Life Expectancy at Birth | 74.5 years | 2023 | ▲ 0.5% | WB |
| Life Expectancy, Male | 69.6 years | 2023 | ▲ 0.8% | WB |
| Life Expectancy, Female | 79.1 years | 2023 | ▲ 0.1% | WB |
| Fertility Rate (births per woman) | 1.8 | 2023 | ▼ 0.5% | WB |
| Birth Rate (per 1,000) | 11.5 | 2023 | ▼ 1.0% | WB |
| Death Rate (per 1,000) | 11.8 | 2023 | ▼ 3.0% | WB |
| Net Migration | 1,283 | 2025 | ▼ 26.5% | WB |
| Population Ages 0–14 (%) | 20.8% | 2024 | ▼ 1.2% | WB |
| Population Ages 15–64 (%) | 63.6% | 2024 | ▼ 0.1% | WB |
| Population Ages 65+ (%) | 15.6% | 2024 | ▲ 2.1% | WB |
| Age Dependency Ratio (%) | 57.3% | 2024 | ▲ 0.3% | WB |
| Old-Age Dependency Ratio (%) | 24.6% | 2024 | ▲ 2.2% | WB |
| Youth Dependency Ratio (%) | 32.7% | 2024 | ▼ 1.0% | WB |
| Mortality Rate, Adult Male (per 1,000) | 217 | 2023 | ▼ 3.1% | WB |
| Mortality Rate, Adult Female (per 1,000) | 74 | 2023 | ▲ 1.6% | WB |
▶Labor20 indicators · 2024–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Labor Force | 1.9M | 2025 | ▲ 0.3% | WB |
| Labor Force Participation (%) | 64.3% | 2025 | ▼ 0.1% | WB |
| Female Labor Force Participation (%) | 56.7% | 2025 | ▲ 0.0% | WB |
| Male Labor Force Participation (%) | 73.5% | 2025 | ▼ 0.2% | WB |
| Unemployment (%) | 12.1% | 2025 | ▲ 4.7% | WB |
| Female Unemployment (%) | 10.7% | 2025 | ▲ 4.6% | WB |
| Male Unemployment (%) | 13.4% | 2025 | ▲ 4.7% | WB |
| Youth Unemployment (%) | 30.3% | 2025 | ▲ 1.3% | WB |
| Employment in Agriculture (%) | 34.0% | 2025 | ▼ 2.3% | WB |
| Employment in Industry (%) | 16.6% | 2025 | ▲ 1.3% | WB |
| Employment in Services (%) | 49.5% | 2025 | ▲ 1.2% | WB |
| Self-Employed (%) | 66.5% | 2024 | ▲ 1.5% | WB |
| Vulnerable Employment (%) | 42.4% | 2025 | ▼ 1.2% | WB |
| Wage & Salaried Workers (% of total) | 53.9% | 2025 | ▲ 0.9% | WB |
| Part-Time Employment (%) | 19.7% | 2024 | ▲ 4.0% | WB |
| Employers (% of total employment) | 3.7% | 2025 | ▲ 0.3% | WB |
| Labor Force, Female (% of total) | 48.2% | 2025 | ▲ 0.0% | WB |
| Employment to Population Ratio (%) | 56.5% | 2025 | ▼ 0.7% | WB |
| Self-Employed (% of total) | 46.1% | 2025 | ▼ 1.1% | WB |
| NEET Youth (% not in education/employment) | 14.7% | 2024 | ▼ 18.6% | WB |
▶Education21 indicators · 2012–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 4.0% | 2024 | ▲ 7.3% | WB |
| Education Spending (% of govt expenditure) | 12.2% | 2024 | ▼ 2.3% | WB |
| Adult Literacy Rate (%) | 99.7% | 2024 | ▲ 0.1% | WB |
| Female Literacy Rate (%) | 99.6% | 2024 | ▲ 0.1% | WB |
| Male Literacy Rate (%) | 99.8% | 2024 | ▲ 0.2% | WB |
| Youth Literacy Rate (%) | 99.7% | 2024 | ▲ 0.3% | WB |
| Primary School Enrollment (%) | 99.4% | 2024 | ▼ 1.5% | WB |
| Secondary School Enrollment (%) | 101.0% | 2024 | ▼ 2.2% | WB |
| Tertiary School Enrollment (%) | 78.3% | 2023 | ▼ 1.3% | WB |
| Primary Completion Rate (%) | 103.8% | 2024 | ▼ 2.3% | WB |
| Lower Secondary Completion Rate (%) | 85.9% | 2024 | ▼ 8.3% | WB |
| Out-of-School Children, Primary | 21,241 | 2024 | ▲ 29.1% | WB |
| Out-of-School Girls, Primary | 9,783 | 2024 | ▲ 20.1% | WB |
| Primary School Teachers | 32,424 | 2024 | ▲ 1.1% | WB |
| Secondary School Teachers | 31,929 | 2024 | — | WB |
| Pupil-Teacher Ratio, Primary | 9 | 2018 | — | WB |
| Pupil-Teacher Ratio, Secondary | 8 | 2018 | — | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 34.3% | 2012 | — | WB |
| Pupil-Teacher Ratio (Primary) | 96.9 | 2023 | ▲ 0.0% | WB |
| Education Spending, Secondary (% of govt) | 32.1% | 2012 | — | WB |
| Education Spending, Tertiary (% of govt) | 10.1% | 2017 | — | WB |
▶Health40 indicators · 2018–2024 · WHO
▶Energy & Environment16 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 3.6 | 2024 | ▼ 0.2% | WB |
| CO₂ Emissions (total kilotonnes) | 13 | 2024 | ▼ 0.7% | WB |
| Energy Use (kg oil eq. per capita) | 1,530 | 2023 | ▼ 0.9% | WB |
| Electric Power Consumption (kWh per capita) | 3,382 | 2023 | ▼ 8.2% | WB |
| Renewable Electricity Output (%) | 81.4% | 2021 | — | WB |
| Renewable Energy Consumption (%) | 25.2% | 2021 | — | WB |
| Access to Electricity (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| Access to Clean Fuels for Cooking (%) | 93.2% | 2023 | ▲ 1.1% | WB |
| PM2.5 Air Pollution (µg/m³) | 17 | 2020 | — | WB |
| Forest Area (%) | 40.6% | 2023 | ▲ 0.0% | WB |
| Forest Area (sq km) | 28,224 | 2023 | ▲ 0.0% | WB |
| Arable Land (%) | 4.4% | 2023 | ▼ 3.8% | WB |
| Terrestrial Protected Areas (%) | 17.4% | 2024 | ▲ 104.7% | WB |
| Marine Protected Areas (%) | 0.8% | 2024 | ▲ 14.3% | WB |
| Access to Basic Drinking Water (%) | 97.3% | 2024 | ▲ 0.1% | WHO |
| Access to Basic Sanitation (%) | 90.7% | 2024 | ▲ 0.7% | WHO |
▶Agriculture11 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 34.1% | 2023 | ▼ 0.5% | WB |
| Cereal Yield (kg per hectare) | 2,569 | 2023 | ▲ 6.6% | WB |
| Food Production Index (2014–2016=100) | 113.6 | 2022 | ▼ 3.2% | WB |
| Crop Production Index (2014–2016=100) | 119.4 | 2022 | ▼ 5.8% | WB |
| Livestock Production Index (2014–2016=100) | 105.7 | 2022 | ▲ 1.1% | WB |
| Land Under Cereal Production (hectares) | 155,638 | 2023 | ▼ 0.8% | WB |
| Total Fisheries Production (metric tonnes) | 213,573 | 2023 | ▲ 6.4% | WB |
| Fertilizer Consumption (kg per hectare) | 170.2 | 2023 | ▲ 8.8% | WB |
| Prevalence of Undernourishment (%) | 2.5% | 2023 | ▼ 13.8% | WB |
| Annual Freshwater Withdrawals (% of internal) | 2.2% | 2022 | ▼ 19.6% | WB |
| Cereal Production (metric tons) | 399,752 | 2023 | ▲ 5.8% | WB |
▶Technology13 indicators · 2021–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 81.9% | 2023 | ▲ 4.0% | WB |
| Mobile Subscriptions (per 100 people) | 155 | 2023 | ▲ 0.8% | WB |
| Fixed Broadband Subscriptions (per 100) | 29.3 | 2023 | ▲ 3.4% | WB |
| Secure Internet Servers (per million) | 5,455 | 2024 | ▲ 3.9% | WB |
| R&D Spending (% of GDP) | 0.25% | 2023 | ▲ 7.7% | WB |
| Patent Applications, Residents | 90 | 2021 | — | WB |
| Patent Applications, Non-Residents | 164 | 2021 | — | WB |
| Scientific Journal Articles | 599 | 2022 | ▼ 8.9% | WB |
| High-Technology Exports (USD) | $38.2M | 2024 | ▲ 98.4% | WB |
| ICT Service Exports (% of service exports) | 10.9% | 2024 | ▼ 13.5% | WB |
| ICT Service Exports (USD) | $842.3M | 2024 | ▼ 5.6% | WB |
| Industrial Design Applications, Resident | 103 | 2021 | — | WB |
| Researchers in R&D (per million) | 1,768 | 2023 | ▼ 2.3% | WB |
▶Infrastructure9 indicators · 2021–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Air Transport, Passengers Carried | 320,810 | 2023 | ▲ 92.0% | WB |
| Air Transport, Freight (million ton-km) | 0.2 | 2023 | ▼ 95.6% | WB |
| Container Port Traffic (TEU) | 401,269 | 2021 | — | WB |
| Rail Lines (total km) | 1,387 | 2021 | — | WB |
| Railways, Passengers (million km) | 273 | 2021 | — | WB |
| Railways, Goods (million ton-km) | 3,322 | 2021 | — | WB |
| Logistics Performance Index (1–5) | 2.70 | 2022 | — | WB |
| Electricity from Oil (%) | 0.0% | 2021 | — | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender8 indicators · 2018–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 22.7% | 2024 | ▲ 22.9% | WB |
| Female Labor Force Participation, 15+ (%) | 58.9% | 2024 | ▲ 2.9% | WB |
| Female Wage & Salaried Workers (%) | 57.0% | 2025 | ▲ 0.9% | WB |
| Girls Out-of-School Rate (%) | 102.2% | 2018 | — | WB |
| Adolescent Fertility Rate (per 1,000) | 21.1 | 2023 | ▼ 1.7% | WB |
| Gender Parity Index, Primary | 101.81 | 2018 | — | WB |
| Gender Parity Index, Secondary | 1.00 | 2021 | — | WB |
| Gender Parity in Primary Education | 1.01 | 2021 | — | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | 0.62 | 2023 | ▼ 0.4% | WB |
| Government Effectiveness | 0.79 | 2023 | ▲ 21.7% | WB |
| Political Stability | -0.34 | 2023 | ▲ 23.1% | WB |
| Regulatory Quality | 0.95 | 2023 | ▼ 8.3% | WB |
| Rule of Law | 0.18 | 2023 | ▲ 4.6% | WB |
| Voice & Accountability | 0.03 | 2023 | ▲ 122.0% | WB |
| Control of Corruption (percentile rank) | 71.2% | 2023 | ▼ 1.3% | WB |
| Government Effectiveness (percentile rank) | 77.8% | 2023 | ▲ 7.1% | WB |
| Rule of Law (percentile rank) | 55.2% | 2023 | ▼ 2.5% | WB |
| Political Stability (percentile rank) | 33.2% | 2023 | ▲ 9.9% | WB |
▶Military6 indicators · 2019–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Military Spending (% of GDP) | 1.9% | 2024 | ▲ 12.4% | WB |
| Military Expenditure (USD) | $615.9M | 2024 | ▲ 21.1% | WB |
| Armed Forces Personnel | 26,000 | 2020 | — | WB |
| Armed Forces (% of labor force) | 1.4% | 2020 | — | WB |
| Military Spending (% of govt expenditure) | 6.1% | 2024 | ▲ 9.5% | WB |
| Intentional Homicides (per 100,000) | 2 | 2019 | — | WB |
▶Poverty & Inequality12 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Poverty at $2.15/day (%) | 4.2% | 2024 | ▼ 27.6% | WB |
| Poverty at $3.65/day (%) | 11.0% | 2024 | ▼ 21.4% | WB |
| Poverty at $6.85/day (%) | 45.6% | 2024 | ▼ 7.1% | WB |
| Poverty Headcount, National (%) | 9.4% | 2024 | ▼ 20.3% | WB |
| Gini Index | 33.9 | 2024 | ▼ 2.6% | WB |
| Income Share, Top 10% | 26.2% | 2024 | ▼ 2.6% | WB |
| Income Share, Bottom 10% | 2.9% | 2024 | ▲ 7.4% | WB |
| Income Share, Top 20% | 41.5% | 2024 | ▼ 1.4% | WB |
| Income Share, Bottom 20% | 7.3% | 2024 | ▲ 4.3% | WB |
| Shared Prosperity Premium (%) | 4.7% | 2024 | — | WB |
| Survey Mean Consumption (2017 PPP $ per day) | 10.71 | 2024 | — | WB |
| Poverty Gap at $2.15/day (%) | 0.9% | 2024 | ▼ 30.8% | WB |
▶Social Protection6 indicators · 2020–2021 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Social Assistance Coverage (%) | 66.0% | 2021 | — | — |
| Social Protection Coverage (%) | 66.0% | 2021 | ▲ 1.9% | — |
| Human Capital Index (0–1) | 0.57 | 2020 | — | WB |
| Human Capital Index, Female | 0.61 | 2020 | — | WB |
| Human Capital Index, Male | 0.53 | 2020 | — | WB |
| Learning-Adjusted Years of School | 8.3 years | 2020 | — | WB |
▶Tourism6 indicators · 2019–2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 1.5M | 2020 | — | WB |
| International Tourism, Departures | 3.8M | 2019 | — | WB |
| Tourism Receipts (USD) | $586.0M | 2020 | — | WB |
| Tourism Expenditures (USD) | $292.0M | 2020 | — | WB |
| Tourism Receipts (% of total exports) | 9.9% | 2020 | — | WB |
| International Tourism, Transport Services (USD) | $44.0M | 2020 | — | WB |
▶Urban Development8 indicators · 2022–2025 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 0.1% | 2024 | ▼ 91.9% | WB |
| Population in Largest City | 1.1M | 2025 | ▲ 0.2% | WB |
| Population in Largest City (% of urban) | 48.0% | 2025 | ▲ 0.1% | WB |
| Population in Agglomerations >1M (% of total) | 29.4% | 2025 | ▲ 0.3% | WB |
| Population in Slums (% of urban) | 7.1% | 2022 | — | WB |
| Rural Population Growth (%) | -1.3% | 2024 | ▲ 29.4% | WB |
| Access to Safely Managed Drinking Water (%) | 70.5% | 2024 | ▲ 0.4% | WHO |
| Access to Safely Managed Sanitation (%) | 63.0% | 2024 | ▲ 0.7% | WHO |