Georgia

GEOEurope & Central AsiaUpper middle incomeCapital: Tbilisi
Economy
Fiscal
People
Health
Education
Trade
Energy / Env
Tech
Governance
Equality
Infra
Labor
78/80 indicators · percentile vs world (IMF / WB / WHO)underover
Georgia in world space2000–2023
1k10k100k505560657075808590GDP per capita (USD, log)Life expectancy (years)20002023
192 countries · log scale on X world Georgia· trajectory line: 1980 → today
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
IndicatorValueYearΔ YoYSrc
Inflation, Consumer Prices (%)3.0%2027 11.8%IMF
Govt Gross Debt (% of GDP)33.6%2027 0.6%IMF
Fiscal Balance (% of GDP)-2.2%2027 4.3%IMF
Current Account Balance (% of GDP)-4.7%2027 2.2%IMF
Unemployment Rate (%)13.9%2027 0.0%IMF
Inflation, CPI (%, World Bank)1.1%2024 55.4%WB
Real Interest Rate (%)6.8%2024 33.3%WB
Lending Interest Rate (%)12.0%2024 10.9%WB
Deposit Interest Rate (%)10.6%2024 8.9%WB
Government Debt (% of GDP)40.1%2024 7.6%WB
Government Revenue (% of GDP)28.7%2024 2.6%WB
Government Expenditure (% of GDP)25.2%2023 1.2%WB
Tax Revenue (% of GDP)24.3%2024 2.8%WB
Taxes on Goods & Services (% of revenue)44.5%2024 2.6%WB
Taxes on International Trade (% of revenue)0.5%2024 22.1%WB
Taxes on Income, Profits & Capital Gains (% of rev)38.5%2024 8.7%WB
Net Investment in Nonfinancial Assets (% of GDP)4.6%2024 7.4%WB
Total Reserves incl. Gold (USD)$4.45B2024 11.1%WB
Total Reserves (months of imports)2.32024 15.9%WB
Official Exchange Rate (per USD)2.722024 3.5%WB
PPP Conversion Factor0.892024 2.4%WB
Broad Money (% of GDP)53.2%2024 0.5%WB
Trade15 indicators · 2024 · WB
IndicatorValueYearΔ YoYSrc
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)$16.35B2024 7.8%WB
Imports of Goods & Services (USD)$19.02B2024 6.8%WB
Merchandise Exports (USD)$6.56B2024 7.8%WB
Merchandise Imports (USD)$16.89B2024 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)$1.60B2024 24.1%WB
Personal Remittances Received (USD)$4.06B2024 3.4%WB
Personal Remittances Received (% of GDP)11.9%2024 13.0%WB
High-Tech Exports (% of manufactured)3.7%2024 63.0%WB
Current Account Balance (% of GDP)-5.2%2024 1.6%WB
Current Account Balance (USD)$-1.79B2024 9.3%WB
External Debt7 indicators · 2023–2024 · WB
IndicatorValueYearΔ YoYSrc
External Debt (% of GNI)79.7%2024 6.2%WB
External Debt Stocks (USD)$25.16B2024 4.3%WB
Total Debt Service (% of GNI)15.2%2024 21.2%WB
Present Value of External Debt (USD)$7.81B2024WB
Use of IMF Credit (USD)$977.9M2024 8.0%WB
Net ODA Received (% of GNI)1.3%2023 20.6%WB
Net ODA Received (USD)$365.2M2023 3.1%WB
Finance8 indicators · 2023–2024 · WB
Business Environment1 indicator · 2023 · WB
IndicatorValueYearΔ YoYSrc
Time to Get Electricity (days)412023WB
Private Sector6 indicators · 2023 · WB
People23 indicators · 2023–2025 · WB
IndicatorValueYearΔ YoYSrc
Population3.7M2024 0.4%WB
Population Growth (%)-0.4%2024 635.2%WB
Population Density (per km²)652023 0.1%WB
Surface Area (sq km)69,7002023 0.0%WB
Land Area (sq km)69,4902023 0.0%WB
Urban Population (%)61.1%2024 0.5%WB
Urban Population (total)2.3M2024 0.1%WB
Rural Population (%)38.9%2024 0.8%WB
Life Expectancy at Birth74.5 years2023 0.5%WB
Life Expectancy, Male69.6 years2023 0.8%WB
Life Expectancy, Female79.1 years2023 0.1%WB
Fertility Rate (births per woman)1.82023 0.5%WB
Birth Rate (per 1,000)11.52023 1.0%WB
Death Rate (per 1,000)11.82023 3.0%WB
Net Migration1,2832025 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)2172023 3.1%WB
Mortality Rate, Adult Female (per 1,000)742023 1.6%WB
Labor20 indicators · 2024–2025 · WB
IndicatorValueYearΔ YoYSrc
Total Labor Force1.9M2025 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
Health40 indicators · 2018–2024 · WHO
IndicatorValueYearΔ YoYSrc
Health Spending (% of GDP)6.9%2023 17.3%WHO
Health Spending per Capita (USD)$5542023 1.5%WHO
Government Health Spending (% of GDP)2.3%2023 24.5%WHO
Out-of-Pocket Health Spending (% of total)58.8%2023 2.8%WHO
Physicians (per 1,000 people)5.62023 1.9%WHO
Nurses & Midwives (per 1,000)62023 1.1%WHO
Hospital Beds (per 1,000)42023 14.4%WHO
Infant Mortality (per 1,000 live births)9.22023 1.1%WHO
Neonatal Mortality (per 1,000)5.32023 1.9%WHO
Maternal Mortality (per 100,000)202023 9.1%WHO
Under-5 Mortality, Female (per 1,000)8.12023 2.4%WHO
Under-5 Mortality, Male (per 1,000)10.22023 1.0%WHO
Cause of Death, Communicable (%)2.8%2019WHO
Cause of Death, Non-Communicable (%)93.3%2019WHO
Cause of Death, Injury (%)3.9%2019WHO
Measles Immunization (% of children)90.0%2024 5.3%WHO
DPT Immunization (% of children)86.0%2024 2.3%WHO
HIV Incidence (per 1,000)0.152024 6.3%WHO
Tuberculosis Incidence (per 100,000)452024 11.8%WHO
Smoking Prevalence, Males (%)55.9%2022 0.4%WHO
Smoking Prevalence, Females (%)7.6%2022 1.3%WHO
Suicide Mortality Rate (per 100,000)5.12021WHO
Alcohol Consumption (liters per capita)14.42020WHO
Maternal Deaths92023 10.8%WHO
Tuberculosis Incidence (per 100K)452024 11.8%WHO
People Living with HIV9,5002024 4.4%WHO
Malaria Deaths (estimated)02024WHO
Malaria Incidence (per 1K at risk)02024WHO
DTP3 Immunization Coverage (%)86%2024 2.3%WHO
Measles Immunization Coverage (%)90%2024 5.3%WHO
Hepatitis B Immunization Coverage (%)90%2024 3.2%WHO
Physicians (total)562023 1.9%WHO
Nursing & Midwifery Personnel572024 4.7%WHO
Dentists (total)21,3082024 4.7%WHO
Pharmacists (total)3482024 2.0%WHO
Child Wasting (<5 years, %)0.6%2018WHO
Child Underweight (<5 years, %)2.1%2018WHO
Universal Health Coverage Index712023 0.0%WHO
Road Traffic Death Rate (per 100K)4762021WHO
Health Expenditure per Capita (WHO, USD)$5542023 1.5%WHO
Energy & Environment16 indicators · 2020–2024 · WB / WHO
Agriculture11 indicators · 2022–2023 · WB
Technology13 indicators · 2021–2024 · WB
Infrastructure9 indicators · 2021–2023 · WB
Gender8 indicators · 2018–2025 · WB
Governance10 indicators · 2023 · WB
IndicatorValueYearΔ YoYSrc
Control of Corruption0.622023 0.4%WB
Government Effectiveness0.792023 21.7%WB
Political Stability-0.342023 23.1%WB
Regulatory Quality0.952023 8.3%WB
Rule of Law0.182023 4.6%WB
Voice & Accountability0.032023 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
IndicatorValueYearΔ YoYSrc
Military Spending (% of GDP)1.9%2024 12.4%WB
Military Expenditure (USD)$615.9M2024 21.1%WB
Armed Forces Personnel26,0002020WB
Armed Forces (% of labor force)1.4%2020WB
Military Spending (% of govt expenditure)6.1%2024 9.5%WB
Intentional Homicides (per 100,000)22019WB
Poverty & Inequality12 indicators · 2024 · WB
IndicatorValueYearΔ YoYSrc
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 Index33.92024 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%2024WB
Survey Mean Consumption (2017 PPP $ per day)10.712024WB
Poverty Gap at $2.15/day (%)0.9%2024 30.8%WB
Social Protection6 indicators · 2020–2021 · WB
IndicatorValueYearΔ YoYSrc
Social Assistance Coverage (%)66.0%2021
Social Protection Coverage (%)66.0%2021 1.9%
Human Capital Index (0–1)0.572020WB
Human Capital Index, Female0.612020WB
Human Capital Index, Male0.532020WB
Learning-Adjusted Years of School8.3 years2020WB
Tourism6 indicators · 2019–2020 · WB
Urban Development8 indicators · 2022–2025 · WB / WHO

Similar economies — same region or income group