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THE GLOBAL FINANCIAL WEEKLYOctober 5–11, 2026Vol. 01 · No. 002

ASIA & MIDDLE EAST · COUNTRY REFERENCE

Georgia

UN member stateISO GE / GEOGEL

Written and compiled by American Business Capital Group Inc.

Georgia on the world mapThe highlighted shape or point locates the selected country or entity. Borders are a geographic reference, not a statement on sovereignty.FijiUnited Republic of TanzaniaWestern SaharaCanadaUnited StatesKazakhstanUzbekistanPapua New GuineaIndonesiaArgentinaChileDemocratic Republic of the CongoSomaliaKenyaSudanChadHaitiDominican RepublicRussian FederationBahamasFalkland IslandsNorwayGreenlandTimor-LesteSouth AfricaLesothoMexicoUruguayBrazilBolivia (Plurinational State of)PeruColombiaPanamaCosta RicaNicaraguaHondurasEl SalvadorGuatemalaBelizeVenezuela (Bolivarian Republic of)GuyanaSurinameFranceEcuadorPuerto RicoJamaicaCubaZimbabweBotswanaNamibiaSenegalMaliMauritaniaBeninNigerNigeriaCameroonTogoGhanaCôte d'IvoireGuineaGuinea-BissauLiberiaSierra LeoneBurkina FasoCentral African RepublicRepublic of the CongoGabonEquatorial GuineaZambiaMalawiMozambiqueEswatiniAngolaBurundiIsraelLebanonMadagascarState of PalestineGambiaTunisiaAlgeriaJordanUnited Arab EmiratesQatarKuwaitIraqOmanVanuatuCambodiaThailandLao People's Democratic RepublicMyanmarViet NamNorth KoreaSouth KoreaMongoliaIndiaBangladeshBhutanNepalPakistanAfghanistanTajikistanKyrgyzstanTurkmenistanIran (Islamic Republic of)Syrian Arab RepublicArmeniaSwedenBelarusUkrainePolandAustriaHungaryRepublic of MoldovaRomaniaLithuaniaLatviaEstoniaGermanyBulgariaGreeceTürkiyeAlbaniaCroatiaSwitzerlandLuxembourgBelgiumNetherlandsPortugalSpainIrelandNew CaledoniaSolomon IslandsNew ZealandAustraliaSri LankaChinaTaiwanItalyDenmarkUnited KingdomIcelandAzerbaijanGeorgiaPhilippinesMalaysiaBrunei DarussalamSloveniaFinlandSlovakiaCzechiaEritreaJapanParaguayYemenSaudi ArabiaCYNCyprusMoroccoEgyptLibyaEthiopiaDjiboutiSomalilandUgandaRwandaBosnia and HerzegovinaNorth MacedoniaSerbiaMontenegroKosovoTrinidad and TobagoSouth SudanÅland IslandsAmerican SamoaAndorraAnguillaAntigua and BarbudaArubaBahrainBarbadosBermudaBonaire, Sint Eustatius and SabaBouvet IslandBritish Indian Ocean TerritoryBritish Virgin IslandsCabo VerdeCayman IslandsChristmas IslandCocos (Keeling) Islands (The)ComorosCook IslandsCuraçaoDominicaFaroe IslandsFrench GuianaFrench PolynesiaFrench Southern TerritoriesGibraltarGrenadaGuadeloupeGuamGuernseyHeard Island and McDonald IslandsHoly SeeHong KongIsle of ManJerseyKiribatiLiechtensteinMacauMaldivesMaltaMarshall IslandsMartiniqueMauritiusMayotteMicronesia (Federated States of)MonacoMontserratNaoeroNiueNorfolk IslandNorthern Mariana IslandsPalauPitcairn IslandsRéunionSaint BarthélemySaint HelenaSaint Kitts and NevisSaint LuciaSaint MartinSaint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSeychellesSingaporeSint MaartenSouth Georgia and the South Sandwich IslandsSvalbard and Jan MayenTokelauTongaTurks and Caicos IslandsTuvaluUnited States Minor Outlying IslandsUS Virgin IslandsWallis and Futuna

Selected country or entityMap: Natural Earth ↗

ANNUAL ECONOMIC SNAPSHOT

Population & economic scale

World Bank · dated observations

The most recent non-empty observations returned by the World Bank when this snapshot was collected. Read the year on each card: these are annual statistics, not live measurements.

World Bank reporting entity: Georgia · 3 of 3 indicators available.

Population

3,935,766

people

observation

Definition, value & source

Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.

Received value: 3935766 people. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: World Population Prospects, United Nations (UN), uri: https://population.un.org/wpp/, publisher: UN Population Division; Statistical databases and publications from national statistical offices, National Statistical Offices (NSOs), uri: https://unstats.un.org/home/nso_sites/, publisher: National Statistical Offices; Eurostat: Demographic Statistics, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/data/database?node_code=earn_ses_monthly, publisher: Eurostat; Population and Vital Statistics Report (various years), United Nations (UN), uri: https://unstats.un.org, publisher: UN Statistics Division

GDP

$38.14 billion

current US$

observation

Definition, value & source

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Received value: 38143612855.1367 current US$. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

GDP per capita

$9,692

current US$ per person

observation

Definition, value & source

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Received value: 9691.53472415196 current US$ per person. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

GDP and GDP per capita use current US dollars, without an inflation or purchasing-power-parity adjustment. Source years can differ. Missing data is not zero; earlier archive figures below are retained as a separate historical reference.

THE REFERENCE FILE

Georgia at a glance

Archive edition 2025

These are historical reference facts from the 2025 World Factbook archive. Each estimate keeps its own period; an archive edition does not make every figure a measurement from that year.

Government type

semi-presidential republic

archive edition 2025Source ↗

Population

total: 4,900,961 (2024 est.) male: 2,343,068 female: 2,557,893

2024 source periods; archive edition 2025Source ↗

Area

total : 69,700 sq km land: 69,700 sq km water: 0 sq km note: approximately 12,560 sq km, or about 18% of Georgia's area, is Russian-occupied; the seized area includes all of Abkhazia and the breakaway region of South Ossetia, which consists of the northern part of Shida Kartli, eastern slivers of the Imereti region, Racha-Lechkhumi, Kvemo Svaneti, and part of western Mtskheta-Mtianeti

archive edition 2025Source ↗

Real GDP (purchasing power parity)

$91.849 billion (2024 est.) $83.935 billion (2023 est.) $77.838 billion (2022 est.) note: data in 2021 dollars

2024, 2023, 2022, 2021 source periods; archive edition 2025Source ↗

GDP (official exchange rate)

$33.776 billion (2024 est.) note: data in current dollars at official exchange rate

2024 source periods; archive edition 2025Source ↗

Real GDP growth rate

9.4% (2024 est.) 7.8% (2023 est.) 11% (2022 est.) note: annual GDP % growth based on constant local currency

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Real GDP per capita

$25,000 (2024 est.) $22,600 (2023 est.) $21,000 (2022 est.) note: data in 2021 dollars

2024, 2023, 2022, 2021 source periods; archive edition 2025Source ↗

Inflation rate (consumer prices)

1.1% (2024 est.) 2.5% (2023 est.) 11.9% (2022 est.) note: annual % change based on consumer prices

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Unemployment rate

11.5% (2024 est.) 11.6% (2023 est.) 11.7% (2022 est.) note: % of labor force seeking employment

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Labor force

1.833 million (2024 est.) note: number of people ages 15 or older who are employed or seeking work

2024 source periods; archive edition 2025Source ↗

Public debt

43.4% of GDP (2023 est.) note: central government debt as a % of GDP

2023 source periods; archive edition 2025Source ↗

Budget

revenues: $8.686 billion (2023 est.) expenditures: $9.307 billion (2023 est.) note: central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated

2023 source periods; archive edition 2025Source ↗

Current account balance

-$1.491 billion (2024 est.) -$1.709 billion (2023 est.) -$1.105 billion (2022 est.) note: balance of payments - net trade and primary/secondary income in current dollars

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Exports

$16.321 billion (2024 est.) $15.173 billion (2023 est.) $13.24 billion (2022 est.) note: balance of payments - exports of goods and services in current dollars

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Imports

$18.915 billion (2024 est.) $17.816 billion (2023 est.) $15.665 billion (2022 est.) note: balance of payments - imports of goods and services in current dollars

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Reserves of foreign exchange and gold

$4.447 billion (2024 est.) $5.002 billion (2023 est.) $4.886 billion (2022 est.) note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Debt - external

$9.085 billion (2023 est.) note: present value of external debt in current US dollars

2023 source periods; archive edition 2025Source ↗

Electricity access

electrification - total population: 100% (2022 est.)

2022 source periods; archive edition 2025Source ↗

Internet users

percent of population: 82% (2023 est.)

2023 source periods; archive edition 2025Source ↗

THE HISTORICAL REFERENCE LIBRARY

Explore the country in detail

32 sections · archive 2025

Browse the economy, population, resources and infrastructure. These archived descriptions keep their original wording and dates; they have not been updated to describe current conditions.

32 of 32 sections

Location

Southwestern Asia, bordering the Black Sea, between Turkey and Russia, with a sliver of land north of the Caucasus extending into Europe; note - Georgia views itself as part of Europe; geopolitically, it can be classified as falling within Europe, the Middle East, or both

archive edition 2025 · Archive source ↗

Capital

name: Tbilisi geographic coordinates: 41 41 N, 44 50 E time difference: UTC+4 (9 hours ahead of Washington, DC, during Standard Time) etymology: the name comes from the Georgian word tbili , meaning "warm" and referring to the hot sulfur springs in the area

archive edition 2025 · Archive source ↗

Economic overview

upper-middle income, fast-growing South Caucasus economy; regionally focused exporter of cars, metal ores, and energy; financial and migrant inflows resulting from Ukraine conflict; EU accession talks suspended over disputed election and foreign influence law; low inflation but persistent high unemployment

archive edition 2025 · Archive source ↗

Natural resources

timber, hydropower, manganese deposits, iron ore, copper, minor coal and oil deposits; coastal climate and soils allow for important tea and citrus growth

archive edition 2025 · Archive source ↗

Agricultural products

milk, grapes, potatoes, maize, wheat, tangerines/mandarins, tomatoes, barley, apples, eggs (2023) note: top ten agricultural products based on tonnage

2023 source periods; archive edition 2025 · Archive source ↗

Industries

steel, machine tools, electrical appliances, mining (manganese, copper, gold), chemicals, wood products, wine

archive edition 2025 · Archive source ↗

Exports - partners

Azerbaijan 13%, Turkey 11%, Armenia 11%, Russia 10%, Kyrgyzstan 8% (2023) note: top five export partners based on percentage share of exports

2023 source periods; archive edition 2025 · Archive source ↗

Exports - commodities

cars, copper ore, electricity, garments, wine (2023) note: top five export commodities based on value in dollars

2023 source periods; archive edition 2025 · Archive source ↗

Imports - partners

Turkey 16%, USA 13%, Russia 11%, China 8%, Germany 6% (2023) note: top five import partners based on percentage share of imports

2023 source periods; archive edition 2025 · Archive source ↗

Imports - commodities

cars, refined petroleum, packaged medicine, natural gas, garments (2023) note: top five import commodities based on value in dollars

2023 source periods; archive edition 2025 · Archive source ↗

Climate

warm and pleasant; Mediterranean-like on Black Sea coast

archive edition 2025 · Archive source ↗

Terrain

largely mountainous with Great Caucasus Mountains in the north and Lesser Caucasus Mountains in the south; Kolkhet'is Dablobi (Kolkhida Lowland) opens to the Black Sea in the west; Mtkvari River Basin in the east; fertile soils in river valley flood plains and foothills of Kolkhida Lowland

archive edition 2025 · Archive source ↗

Land use

agricultural land: 34.1% (2023 est.) arable land: 4.4% (2023 est.) permanent crops: 1.8% (2023 est.) permanent pasture: 27.9% (2023 est.) forest: 44.6% (2023 est.) other: 21.2% (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Natural hazards

earthquakes

archive edition 2025 · Archive source ↗

Languages

Georgian (official) 87.6%, Azeri 6.2%, Armenian 3.9%, Russian 1.2%, other 1% (including Abkhaz, the official language in Abkhazia) (2014 est.) major-language sample(s): მსოფლიო ფაქტების წიგნი, ძირითადი ინფორმაციის აუცილებელი წყარო. (Georgian) The World Factbook, the indispensable source for basic information.

2014 dates in source text; archive edition 2025 · Archive source ↗

Religions

Eastern Orthodox Christian (official) 83.4%, Muslim 10.7%, Armenian Apostolic Christian 2.9%, other 1.2% (includes Roman Catholic Christian, Jehovah's Witness, Yazidi, Protestant Christian, Jewish), none 0.5%, unspecified/no answer 1.2% (2014 est.)

2014 dates in source text; archive edition 2025 · Archive source ↗

Age structure

0-14 years: 20.6% (male 520,091/female 489,882) 15-64 years: 62.7% (male 1,500,036/female 1,572,637) 65 years and over: 16.7% (2024 est.) (male 322,941/female 495,374)

2024 dates in source text; archive edition 2025 · Archive source ↗

Urbanization

urban population: 60.7% of total population (2023) rate of urbanization: 0.35% annual rate of change (2020-25 est.) note: data include Abkhazia and South Ossetia

2023, 2020 dates in source text; archive edition 2025 · Archive source ↗

Life expectancy at birth

total population: 72.8 years (2024 est.) male: 68.7 years female: 77.2 years

2024 dates in source text; archive edition 2025 · Archive source ↗

Literacy

total population: 99.7% (2024 est.) male: 99.8% (2024 est.) female: 99.6% (2024 est.)

2024 dates in source text; archive edition 2025 · Archive source ↗

Electricity

installed generating capacity: 4.526 million kW (2023 est.) consumption: 12.569 billion kWh (2023 est.) exports: 4.913 billion kWh (2023 est.) imports: 4.234 billion kWh (2023 est.) transmission/distribution losses: 1.148 billion kWh (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Electricity generation sources

fossil fuels: 23.9% of total installed capacity (2023 est.) wind: 0.6% of total installed capacity (2023 est.) hydroelectricity: 75.5% of total installed capacity (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Petroleum

total petroleum production: 300 bbl/day (2023 est.) refined petroleum consumption: 34,000 bbl/day (2023 est.) crude oil estimated reserves: 35 million barrels (2021 est.)

2023, 2021 dates in source text; archive edition 2025 · Archive source ↗

Natural gas

production: 10.77 million cubic meters (2023 est.) consumption: 2.775 billion cubic meters (2023 est.) imports: 2.764 billion cubic meters (2023 est.) proven reserves: 8.495 billion cubic meters (2021 est.)

2023, 2021 dates in source text; archive edition 2025 · Archive source ↗

Carbon dioxide emissions

10.7 million metric tonnes of CO2 (2023 est.) from coal and metallurgical coke: 812,000 metric tonnes of CO2 (2023 est.) from petroleum and other liquids: 4.469 million metric tonnes of CO2 (2023 est.) from consumed natural gas: 5.419 million metric tonnes of CO2 (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Telephones - mobile cellular

total subscriptions: 5.91 million (2023 est.) subscriptions per 100 inhabitants: 156 (2022 est.)

2023, 2022 dates in source text; archive edition 2025 · Archive source ↗

Broadband - fixed subscriptions

total: 1.1 million (2023 est.) subscriptions per 100 inhabitants: 29 (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Airports

21 (2025)

2025 dates in source text; archive edition 2025 · Archive source ↗

Railways

total: 1,363 km (2014) narrow gauge: 37 km (2014) 0.912-m gauge (37 km electrified) broad gauge: 1,326 km (2014) 1.520-m gauge (1,251 km electrified)

2014 dates in source text; archive edition 2025 · Archive source ↗

Ports

total ports: 3 (2024) large: 0 medium: 0 small: 1 very small: 2 ports with oil terminals: 2 key ports: Batumi, Sokhumi, Supsa Marine Terminal

2024 dates in source text; archive edition 2025 · Archive source ↗

GDP - composition, by sector of origin

agriculture: 5.4% (2024 est.) industry: 19.1% (2024 est.) services: 62.8% (2024 est.) note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

2024 dates in source text; archive edition 2025 · Archive source ↗

Remittances

11.8% of GDP (2024 est.) 13.7% of GDP (2023 est.) 15.4% of GDP (2022 est.) note: personal transfers and compensation between resident and non-resident individuals/households/entities

2024, 2023, 2022 dates in source text; archive edition 2025 · Archive source ↗

CURRENCY OBSERVATIONS

Money & exchange rates

Currency explorer →

The latest verified daily references are separate from the historical country profile. Values are currency units per US$1.

GEL

Lari

2.5988

GEL per US$1

Source observation: Oct 6, 2026

Published reference snapshot; its original observation date is preserved.

1 GEL = US$0.384793

Daily reference historyOct 6, 2026 · 2.5988 GEL
Sep 7, 2026: 2.6089 GEL per US$1Sep 8, 2026: 2.6077 GEL per US$1Sep 9, 2026: 2.6062 GEL per US$1Sep 10, 2026: 2.6053 GEL per US$1Sep 11, 2026: 2.6051 GEL per US$1Sep 12, 2026: 2.6052 GEL per US$1Sep 13, 2026: 2.6048 GEL per US$1Sep 14, 2026: 2.6043 GEL per US$1Sep 15, 2026: 2.604 GEL per US$1Sep 16, 2026: 2.6023 GEL per US$1Sep 17, 2026: 2.6042 GEL per US$1Sep 18, 2026: 2.6037 GEL per US$1Sep 19, 2026: 2.6037 GEL per US$1Sep 20, 2026: 2.6029 GEL per US$1Sep 21, 2026: 2.6019 GEL per US$1Sep 22, 2026: 2.6021 GEL per US$1Sep 23, 2026: 2.6052 GEL per US$1Sep 24, 2026: 2.6158 GEL per US$1Sep 25, 2026: 2.6117 GEL per US$1Sep 26, 2026: 2.6108 GEL per US$1Sep 27, 2026: 2.6091 GEL per US$1Sep 28, 2026: 2.6062 GEL per US$1Sep 29, 2026: 2.6028 GEL per US$1Sep 30, 2026: 2.6016 GEL per US$1Oct 1, 2026: 2.6026 GEL per US$1Oct 2, 2026: 2.6039 GEL per US$1Oct 3, 2026: 2.6027 GEL per US$1Oct 4, 2026: 2.6013 GEL per US$1Oct 5, 2026: 2.6 GEL per US$1Oct 6, 2026: 2.5988 GEL per US$1
Sep 7, 2026Oct 6, 2026

2.5988–2.6158 GEL per US$1 across the displayed observations. The vertical scale follows this range.

View dated observations
Observation dateGEL per US$1
Oct 6, 20262.5988
Oct 5, 20262.6
Oct 4, 20262.6013
Oct 3, 20262.6027
Oct 2, 20262.6039
Oct 1, 20262.6026
Sep 30, 20262.6016
Sep 29, 20262.6028
Sep 28, 20262.6062
Sep 27, 20262.6091
Sep 26, 20262.6108
Sep 25, 20262.6117
Sep 24, 20262.6158
Sep 23, 20262.6052
Sep 22, 20262.6021
Sep 21, 20262.6019
Sep 20, 20262.6029
Sep 19, 20262.6037
Sep 18, 20262.6037
Sep 17, 20262.6042
Sep 16, 20262.6023
Sep 15, 20262.604
Sep 14, 20262.6043
Sep 13, 20262.6048
Sep 12, 20262.6052
Sep 11, 20262.6051
Sep 10, 20262.6053
Sep 9, 20262.6062
Sep 8, 20262.6077
Sep 7, 20262.6089

Daily references are not live execution prices. A check time does not change a source observation date.

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SOURCES & DATES

Where the facts come from.

Editorial presentation by American Business Capital Group Inc. The organizations and archive links below are the underlying sources.

Country reference
CIA World Factbook · 2025 archive
Archive retrieved
Oct 6, 2026 · retrieval date, not an observation period
Rate observations
Frankfurter / official reference providers ↗ · each observation is dated separately
  • UN membership is shown separately from territory and currency coverage; inclusion is not a position on sovereignty or boundaries.
  • CIA World Factbook text preserved by World Factbook Archive. Archive edition 2025; individual estimates retain their own dates. These are historical reference facts, not current observations.

About the editions. The CIA announced the end of its online World Factbook on February 4, 2026. Our historical profiles retain the archive editions shown above.

Skyhorse lists The CIA World Factbook 2026–2027, published April 7, 2026 (ISBN 9781510786042). That book’s full text has not been incorporated here; its edition title does not redate the imported archive. Archive distribution license.

Geography is a simplified reference. Displayed boundaries and entity inclusion do not express a position on sovereignty or disputed borders.