Economy & Figures
Georgia is one of the most attractive business locations in the region due to its business-friendly legal system, competitive tax policies, and diverse service options. The country offers advanced infrastructure, a skilled workforce, and high ranks in international indexes for political stability and low business costs.
Economy has a diversified GDP structure that enables sustainable growth. After the pandemic, Georgia’s economy demonstrated considerable resiliency and posted 10.4% growth rate in 2021 and 10.1% in 2022. Country’s sustainable economy growth continued in 2023 reaching 7.6% in 1H.
The country’s impressive progress in improving the business climate has been well documented in several international indices. An effective legal framework makes Georgia one of the least bureaucratic countries. It only takes you one day to start a business or register a property.