
Decentralized Social Media Finds A Foothold
Companies may face too many options for brand messaging.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Georgia economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Georgia best banks and safest banks are also available.
The global financial crisis and several factors peculiar to Georgia have affected foreign direct investment inflows, but investors willing to deal with tensions and risks will find opportunities.
USD 3.3 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
12.6% | 2.4% | -3.7% | 6.2% | 7.2% | 6.4% | 3.4% |
2014 | 2015 | 2016* | 2017* | 2018* | ||
4.6% | 2.9% | 2.8% | 4.8% | 4.7% |
*Estimate
1980 | 1990 | 2000 | 2010 | 2019* |
N/A | N/A | 0.02% | 0.03% | 0.03% |
*Estimate
(2018 estimate)
2014 | 2016 | 2017 | 2018* | 2019* |
4% | 2.1% | 6% | 2.6% | 4.3% |
*Estimate
2015* | 2016* | 2017* | 2018* | 2019 |
14.1% | 14% | 13.9% | 12.7% | N/A |
*Estimate
2015 | 2016 | 2017* | 2018* | 2019* |
41.4% | 44.4% | 45.1% | 44.9% | 50% |
*Estimate
2015 | 2016 | 2017* | 2018* | 2019* |
-1.3% | -1.6% |
-0.5% |
-0.9% | -1.9% |
*Estimate
Standard & Poor's: BB
Moody's : Ba2
Standard & Poor's / Moody's
2016 | 2017 | 2018 |
N/A | N/A | N/A |
-7.7 % (2018 estimate)
55.1% (2018)
0.02% (2018)
0.08% (2018)
Vehicles, ferro-alloys, fertilizers, nuts, scrap metal, gold, copper ores
Fuels, vehicles, machinery and parts, grain and other foods, pharmaceuticals
Russia 14.5%, Azerbaijan 10%, Turkey 7.9%, Armenia 7.7%, China 7.6%, Bulgaria 6.6%, Ukraine 4.6%, US 4.5% (2017)
Turkey 17.2%, Russia 9.9%, China 9.2%, Azerbaijan 7.6%, Ukraine 5.6%, Germany 5.4% (2017)
2016 | 2017 | 2018 |
USD 1,566 million | USD 1,894 million | USD 1,232 million |
2016 | 2017 | 2018 |
USD 407 million | USD 269 million | USD 340 million |
2015 | 2016 | 2017 | 2018 |
N/A | N/A | N/A | N/A |
N/A
N/A
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking:
7 out of 190 countries
Subcategories:
Starting a Business: 2 out of 190 countries
Dealing with Construction Permits: 21 out of 190 countries
Getting Electricity: 42 out of 190 countries
Registering Property: 5 out of 190 countries
Getting Credit: 15 out of 190 countries
Protecting Minority Investors: 7 out of 190 countries
Paying Taxes: 14 out of 190 countries
Trading across Borders: 45 out of 190 countries
Enforcing Contracts: 12 out of 190 countries
Resolving Insolvency: 64 out of 190 countries
74 out of 141 countries
(2019)
Ranking: 16 / Score: 75.9 (Mostly free)
(100=totally free 0=totally repressed)
Georgian (official) 87.6%, Azeri 6.2%, Armenian 3.9%, Russian 1.2%, other 1% (2014 est.)
Orthodox (official) 83.4%, Muslim 10.7%, Armenian Apostolic 2.9%, other 1.2% (includes Catholic, Jehovah's Witness, Yazidi, Protestant, Jewish), none 0.5%, unspecified/no answer 1.2% (2014 est.)
1990 | 2000 | 2010 | 2015* | 2020* |
N/A | 4.12 million | 3.8 million | 3.72 million | 3.68 million |
*Estimate
1960 | 1980 | 2000 | 2015 |
43.1% | 52.5% | 52.6% | 58.6% |
Total population: 99.8%
Male: 99.8%
Female: 99.7%
Definition: age 15 and over can read and write (2015 est.)
16.3% (last available estimate, 2017)
37.9 (last available estimate, 2017)
(0=perfect equality, 100=absolute inequality)
Partly Free
Political Rights: 3
Civil Liberties: 3 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 14.5%
Mobile: 133.4%
(2018)
(fixed-telephone subscribers and mobile-cellular subscribers)