Table of Contents

    The Economy of Georgia

    📊Economic Indicators

    Major Indicators

    Georgia
    Global Median

    Latest Indicator Releases

    Sep 19, 2023LatestPrevious
    Real GDP Growth7.4707.750
    GDP19.2816.47
    Labor Cost Index226.85215.80
    Sep 7, 2023LatestPrevious
    Inflation0.8900.300
    Sep 6, 2023LatestPrevious
    Industrial Production-9.760-2.690
    Sep 5, 2023LatestPrevious
    Consumer Price Index (CPI)175.76174.49
    Exchange Rate2.6162.588
    Aug 19, 2023LatestPrevious
    Employment1.3301.270
    Unemployment Rate (Monthly)16.7418.00
    Aug 7, 2023LatestPrevious
    Consumer Confidence Survey-24.100-24.000

    🔁Trade

    Source: United Nations

    Trade Balance

    Imports
    Exports

    Major Trade Partners

    Country
    Trade Value
    % of Trade
    Import Value
    Export Value
    Balance
    		Region
    Turkey$2.30b22.76$1.83b$470.85m-$1.36bMiddle East
    Russia$1.59b15.73$1.02b$567.27m-$455.31mAsia
    China$1.04b10.29$864.97m$174.47m-$690.51mAsia
    United States$850.09m8.41$648.14m$201.96m-$446.18mNorth America
    Azerbaijan$700.68m6.93$598.38m$102.31m-$496.07mAsia
    Ukraine$651.20m6.44$451.83m$199.36m-$252.47mEurope
    Bulgaria$629.20m6.23$178.85m$450.35m$271.51mEurope
    Germany$600.56m5.94$488.23m$112.33m-$375.90mEurope
    Armenia$539.80m5.34$418.43m$121.37m-$297.07mEurope
    Romania$332.53m3.29$177.50m$155.03m-$22.46mEurope

    🗞News

    Georgia's Economy
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