Georgian, Azeri 6.2, Armenian 3.9, Russian 1.2, other 1, the official language in Abkhazia)
Economic Overview
Key economic indicators for Georgia
GDP:
$83.935 billion
GDP per Capita:
$22,600
GDP Growth:
7.83%
Inflation:
2.49%
Unemployment:
11.62%
Public Debt:
42.97% of GDP
Credit Rating:
BB (2019)
Political System
Governance structure of Georgia
Government Type:
semi-presidential republic
Head of State:
President Mikheil KAVELASHVILI (since 29 December 2024)
Head of Government:
Prime Minister Irakli KOBAKHIDZE (since 8 February 2024)
Judiciary:
Supreme Court (consists of 28 judges organized into several specialized judicial chambers; number of judges determined by the president of Georgia); Constitutional Court (consists of 9 judges); note - the Abkhazian and Ajarian Autonomous republics each have a supreme court and a hierarchy of lower courts
Administrative Divisions:
9 regions (mkharebi, singular - mkhare), 1 city (kalaki), and 2 autonomous republics (avtomnoy respubliki, singular - avtom respublika)
Major Political Parties
Not specified
International Relations
Global position and alliances
UN Member:
Yes
EU Member:
No
Diplomatic Presence:
1824 R Street NW, Washington, DC 20009
Major Alliances and Organizations
Economic Sectors & Trade
Detailed economic breakdown
Major Economic Sectors
Agriculture
6% (2023 est.)
Industry
18.9% (2023 est.)
Services
62.1% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Trade Volume
Exports:
$15.173 billion
Imports:
$17.816 billion
Major Trading Partners
Azerbaijan 13
Turkey 11
Armenia 11
Russia 10
Kyrgyzstan 8
Economic Outlook
Georgia has a 7.83% GDP growth rate with 2.49% inflation. The economy is characterized by a strong agriculture sector.