Browse a full set of economic indicators


Includes historical data for Georgia’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

At the Crossroads of Asia and Europe

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.

Macroeconomy & Sovereign Data

Type of Government Semi-presidential republic
Capital Tbilisi
Sovereign Ratings S&P: BB
Moody’s: Ba2
Fitch: BB
Total Population 3.7 million
Median Age 36.6
Adult Per Capita Income (PPP) 21,693.47
Total GDP (2023) USD 31.4 billion

Georgia GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 13.3 billion (2022)
Leading Exports Cars
Refined Petroleum
Packaged Medicines
Natural Gas                                                                      
Total Imports USD 4.7 billion (2022)
Leading Imports Copper
Iron Alloys
Refined Petroleum
Nitrogen Fertilizers
Source: World Integrated Trade Solution

Georgia Leading Companies

TBC Bank Financials
Bank of Georgia Financials
Georgian Manganese Holding Materials
JSC Georgian Railway Industrials
Adjara Group Consumer Staples, Food Distributors
Sargi Consumer Staples, Food Processing
Georgian Airways Transportation, Airlines

Major Trade Partners — Import

Türkiye 18.1%
Russia 10.1%
China 8.6%
United States 6.4%
Azerbaijan 5.9%

Major Trade Partners — Export

China 14.5%
Russia 14.4%
Azerbaijan 12.5%
Türkiye 7.6%
Ukraine 7.3%

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000