Georgia is first in the region in terms of GDP

Galt & Taggart states that in 2023, economic growth in Georgia was high, while inflation decreased. In particular, the economic growth of Georgia was 7.5% last year.

In addition, Georgia has the highest GDP per capita in the Caucasus. GDP per capita in the countries of the region were as follows:

• Georgia 8170 dollars,
• Armenia 8168 GEL,
• Azerbaijan 7126 dollars.

By Mariam Mtivlishvili