Georgia Georgia

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Georgia, is a country located at Western Asia, it has an area of 69,700 Km2 and it may be considered quite a small country.

Georgia, with a population of 3,736,357 people, it is one of the least populous country in the world and it has a moderate population density, 54 people per km2.

It's capital is Tbilisi and its currency is Lari

Georgia is holding the 111 position by nominal GDP. Its national debt in 2022 was 9,286 millions of euros (9,786 millions of dollars), ( 39.77% debt-to-GDP ratio) and its public debt per capita is €2,485 euros per inhabitant$2,619 dollars per inhabitant.

The last annual rate of CPI published in Georgia was on November of 2022 and it was 10.4%.

In terms of the human development index (HDI) of Georgia, which is the index used by the United Nations to measure the progress of a country, was 0.802 points in 2021, leaving it in 63th place in the table of 191 countries published.

If the reason to visit Georgia are business, you must know it's in the 7th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Georgia, if you want to see information about other countries click here

Georgia Economy
Gouvernement
Annual GDP [+]2022€23,348M
Annual GDP [+]2022$24,606M
GDP per capita [+]2022€6,330
GDP per capita [+]2022$6,671
Debt (M.€.) [+]20229,286
Debt ($M) [+]20229,786
Debt (%GDP) [+]202239.77%
Debt Per Capita [+]2022€2,485
Debt Per Capita [+]2022$2,619
Deficit (M.€) [+]2022-607
Deficit ($M) [+]2022-640
Deficit (%GDP) [+]2022-2.60%
Expenditure (M.€) [+]20226,880.4
Expenditure ($M) [+]20227,251.1
Education Expenditure (M.€) [+]2020534.6
Education Expenditure ($M) [+]2020610.1
Education Expenditure (%Bud.) [+]202011.17%
Gov. Health Exp. (M.€) [+]2017406.9
Gov. Health Exp.($M) [+]2017459.5
Gov. Health Exp. (%Bud.) [+]20179.52%
Defence Expenditure (M.€) [+]2022334.1
Defence Expenditure ($M) [+]2022352.1
Defence Expenditure (%Bud.) [+]20225.26%
Expenditure (%GDP) [+]202229.47%
Expenditure Per Capita [+]2022€1,841
Expenditure Per Capita [+]2022$1,941
Education Expenditure P.C [+]2020€144
Education Expenditure P.C [+]2020$164
Gov. Health Exp. P.C. [+]2017€97
Gov. Health Exp. P.C. [+]2017$109
Defence Expenditure P.C. [+]2022€91
Defence Expenditure P.C. [+]2022$95
Moody's Rating [+]04/28/2022Ba2
S&P Rating [+]02/25/2022BB
Fitch Rating [+]04/24/2020BB
Corruption Index [+]202256
Competitiveness Ranking [+]201974º
Fragile States Index [+]201874.0
RTI Raking [+]202257º
Innovation Ranking [+]201859º
Labour
Unemployment rate [+]2022Q415.7%
Unemployed [+]2022Q4243K
NMW [+]2022$6.9
NMW [+]2022€5.7
Markets
Euro / Lari [+]03/19/20242.9529
US Dollar exchange rate [+]03/19/20242.7098
Prices
CPI (overall index) [+]November 202210.4%
PPI Year on Year [+]January 2024-0.7%
Money Market
Key rates [+]03/13/20248.25%
Business
Doing Business [+]2020
Passengers vehicles Year [+]December 20192,804
Annual Vehicles/ 1,000 p. [+]December 20190.91
Vehicles / 1,000 people [+]2015280.59
Taxes
Tax Revenue (%GDP) [+]202122.6%
Standard VAT [+]01/01/201218.00%
Top tax rate + SSC [+]202020.0%
Trade
Annual arrivals [+]20195,080,478
Exports [+]2021€3,587.0M
Exports [+]2021$4,242.3M
Exports % GDP [+]202122.79%
Imports [+]2021€8,517.2M
Imports [+]2021$10,073.3M
Imports % GDP [+]202154.12%
Trade balance [+]2021€-4,930.3M
Trade balance [+]2021$-5,831.0M
Trade balance % GDP [+]2021-31.33%
Socio-Demography
Global AgeWatch Ranking [+]201529º
Density [+]202254
Global Peace Ranking [+]202394º
Crude divorce rate [+]20202.10‰
Remittance received ($M) [+]20171,794.0
% Immigrant [+]20202.13%
% Emigrant [+]202023.09%
Birth Rate [+]202112.40‰
Remittance sent ($M) [+]2017160.6
Crude death rate [+]202116.20‰
Fertility Rate [+]20221.83
Crude marriage rate [+]20227.00‰
% risk of poverty [+]202215.6%
Population [+]20223,736,357
Immigrant stock [+]202079,368
Emigrant stock [+]2020861,077
HDI [+]20210.802
Gender Gap Ranking [+]202376º
Life expectancy [+]202171.69
Suicides [+]2015267
Suicide rate [+]20157.18
Number of homicides [+]201977
Rate Homicides per 100.000 [+]20192.04
Energy and Environment
CO2 Tons per capita [+]20213.00
Annual crude oil production [+]20220
Crude Oil Reserves [+]202135.0
Consumption GWh [+]202113,400
Generation GWh [+]202112,645
Others
COVID-19 - Deaths [+]03/05/202417,132
COVID-19 - Confirmed [+]03/05/20241,855,289
Fully vaccinated [+]10/13/20221,276,173
COVID-19 - Deaths per million population [+]03/05/20244,585.21
Doses administered [+]10/13/20222,930,677