Georgian Prime Minister Irakli Kobakhidze at the end of August celebrated the country’s “historic low” unemployment rate, and highlighted “significant achievements” in economic growth.
During a government meeting, he noted that Georgia stands out in both regional and European contexts due to its strong economic performance. The National Statistics Office of Georgia reported a decrease in the unemployment rate to 13.7% from 16.7% last year, attributing the decline to robust economic growth. Over the past three years, Georgia has experienced an average growth rate of 9.7%, with a projected 9% growth rate for the current year.
Kobakhidze emphasized that this economic growth has been the primary driver in reducing unemployment and creating 60,000 new jobs. He also pointed out that a growing workforce has increased state revenue, allowing the government to launch new projects and expand existing ones.
By Team GT
