Georgia

Strategically positioned between Western Asia and Eastern Europe, Georgia boasts a robust economy sustained by its dynamic transit and logistics sectors, mineral and hydroelectric activities, and tourism. Over the past few decades, the country has implemented substantial economic reforms. As a result, Georgia’s global rankings in business, governance and corruption perception have improved, making it an increasingly favorable destination for both local and foreign investment.

Despite its increasingly positive business environment, Georgia still faces structural challenges such as an aging population, weak productivity growth and limited high-quality job creation, with over a third of workers engaging in low-productivity agriculture. Still, the application for EU candidacy submitted in 2022 presents opportunities and serves as a powerful incentive for continued reform, sustainable progress and positive alignment with European standards and values.