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10 March, 2021updated 29 Oct 2021 17:52

Investing in Georgia: what you need to know

All of the key data and information needed when considering investing in Georgia.

By Carmen

As of 2021, Georgia has a population of 3.7 million, making it the 129th largest country in the world by this measure. There are 47.6% males and 52.4% females.

There are 1.5 million people employed in Georgia, with an unemployment rate of 12.4% – 244,500 people.

Georgia is the 242nd largest economy in the world with a GDP of $19.2bn. Georgia’s GDP has grown by 56% between 2010 and 2021 and is expected to grow by 39% by 2025.

As of 2018 there were 147,785 students in tertiary education in Georgia, with 280,425 students in secondary and 305,368 in primary education. Georgia spent 3.8% of its GDP on education in 2019.

Georgia ranked seventh in the World Bank’s Doing Business Report (2020). In the 2019 report it finished sixth. In the World Economic Forum’s Global Competitiveness Report (2019), Georgia finished 74th, after ranking 74th in 2018.

Public healthcare expenditure totalled $535m and private healthcare expenditure equalled $834m in 2018.

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