What is the GDP of Georgia?

Georgia's GDP is approximately $34.2 billion USD. The GDP growth rate is 9.7%.

What is the population of Georgia?

Georgia has a population of approximately 3.7 million people. The population growth rate is -0.4%.

What is the inflation rate in Georgia?

The inflation rate in Georgia is 1.1%.

What is the unemployment rate in Georgia?

The unemployment rate in Georgia is 12.1%.

What is the GDP per capita of Georgia?

Georgia's GDP per capita is approximately $9,241 USD.

Is Georgia a good country to invest in?

Georgia has an investment score of 58/100, classified as "Moderate" risk. Key sectors include Tourism, Agriculture, Mining. Credit rating: NR.

How open is Georgia's economy to trade?

Georgia's trade openness (trade as % of GDP) is 103%. Exports total approximately $16.3B and imports $19B.

What is Georgia's government debt?

Georgia's government debt is approximately 40% of GDP. The current account balance is -5.2% of GDP.

How much foreign investment does Georgia attract?

Foreign direct investment (FDI) in Georgia is 4.7% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Georgia?

Georgia's economy is composed of services (62% of GDP), industry (20% of GDP), and agriculture (5% of GDP).

Can I start a business in Georgia as a foreigner?

Georgia offers various options for foreign entrepreneurs. Visit our business setup guide for Georgia for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Georgia's economy growing?

Georgia's GDP growth rate is 9.7%. This is above the global average, indicating strong economic momentum.

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Georgia Economy Overview

Name: Georgia Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Europe & Central AsiaUpper MiddleCapital: TbilisiGEO

Moderate

Growing

34.2B USD

GDP (Nominal)

Growing at 9.7%

$9,241

GDP Per Capita

Middle income level

3.7M

Population

-0.4% annual growth

Stable

1.1%

Inflation

Price stability

103%of GDP

Trade Openness

Strong

4.7%of GDP

FDI Inflows

Healthy

40%of GDP

Public Debt

High

12.1%

Unemployment

Deficit

-$2.7B

Trade Balance

GDP

Billion USD, nominal

$34.2B

2024+3.4B

GDP Growth

Annual %

9.7%

2024+1.9%

Inflation

Consumer prices, annual %

1.1%

2024-1.4%

Population

Millions

3.7M

2024-0.0M

Economic Structure

Services62%

Industry20%

Agriculture5%

Investment Score Breakdown

Economic Health (30%)55

Political Safety (25%)48

Business Climate (20%)65

Financial Strength (15%)55

Growth Potential (10%)68

Key Sectors

Tourism

8.5% of GDP

growing

Agriculture

6.8% of GDP

stable

Mining

3.5% of GDP

stable

IT Services

3.2% of GDP

growing

Should I Invest in Georgia?

HoldSetup: ModerateROI: High

Georgia scores 58/100 on the NationsData Investment Index, rated "Moderate". The economy is growing at 5.5%, offering expanding market opportunity.

Investment Score58/100

GDP Growth5.5%

Inflation2.5%

FDI/GDP6.2%

Public Debt39.8%

Political Stability-0.4

Strengths

+Favorable business climate with reasonable regulation
+Strong GDP growth at 5.5% - expanding market opportunity
+High FDI inflows (6.2% of GDP) - investors are actively entering
+Low inflation (2.5%) - stable pricing environment
+Low public debt (39.8% of GDP) - fiscal headroom
+Highly trade-open economy (108.5%) - global market access

Risks

-Moderate political risk - monitor regulatory changes closely
-Large current account deficit (-5.5%) - currency depreciation risk

Also Consider

Albania

Same region, similar income level

Armenia

Same region, similar income level

Serbia

Same region, similar income level

North Macedonia

Same region, similar income level

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North Macedonia

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Bosnia and Herzegovina

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