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Georgia At-A-Glance

Georgia has made notable gains in income growth and poverty reduction over the past decade. As a result of sound macroeconomic management, GNI per capita (constant $ 2015) increased from $3,036 in 2010 to $5,702 in 2023. Poverty (measured by $6.85 poverty line in 2017 PPP) declined from 70.6% in 2010 to preliminary estimated 35.5% in 2024. The job market experienced a strong recovery, with unemployment falling from 20.6% in 2021 to 13.9% as of end-2024, supported by the fast growth rates in recent years.

 

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Projects in Georgia

Georgia-ESPIRE-card

Enhancing Energy Security through Power Interconnection and Renewable Energy Program

The ESPIRE Program is designed to support the next steps in the preparation of a potential Black Sea Submarine Cable (BSSC) Project, which aims to establish parallel electricity and fiber-optic submarine cable interconnections across the Black Sea, with landing points in Georgia and Romania.

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Georgia in Figures

Open Data On selection, change the data Human Capital Index

The Human Capital Index quantifies the contribution of health and education to the productivity of the next generation of workers. Countries can use it to assess how much income they are foregoing because of human capital gaps, and how much faster they can turn these losses into gains if they act now.

 

Georgia Overview | In Georgian | Data

 

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    expert-picture-Rolande-Pryce
    Rolande Pryce

    World Bank Regional Director for the South Caucasus

    The World Bank
    Ahmet Levent Yener

    Program Leader for Human Development

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