ADB to Help Extend Credit to Small Businesses in Georgia's Rural Regions

ADB has approved the first loan dedicated to small businesses in Georgia’s rural areas. Read More

Building a Strong Middle Class in Asia

Investing in training and practical education will stimulate and diversify the job market in Asia - moving the poor into middle class. Watch Video

Asian Economies Bounce Back

Developing country economies in Asia are returning to strong growth driven by rising consumption and intraregional trade. Read More

Southeast Asia's Strength Keeps Asia Growth on Track - ADB Report

The surging economies of Southeast Asia have been a bright spot in developing Asia’s otherwise subdued 2012 growth performance, but the broader region should still pick up steam in 2013, says a new ADB report. Read More

Overview

Georgia is a small, open economy, strategically located at the crossroads of Europe and Asia. It is an important nodal point for regional trade flows. Since 2003, the government has implemented far-reaching reforms to deregulate the economy, remove bureaucratic barriers, and combat corruption, while strengthening transparency and accountability.

An interim operational strategy approved in 2008 guides ADB's investments in the country until a new country partnership strategy is launched.

Fast Facts

4.50 (2012)
Population in millions

0.7% (2010-2012)
Annual population growth rate

23.0% (2011)
Population living below the national poverty line

Proposed Projects

There are no proposed projects at this time.

ADB Lending

Amount ($M) / %
Sector (No. of loans)
48.00 / 4.15
Energy (1)
 
95.00 / 8.21
Finance (3)
 
100.00 / 8.64
Public Sector (1)
 
603.80 / 52.20
Transport and ICT (7)
 
160.00 / 13.83
Water Supply (3)
 
150.00 / 12.97
Multisector (3)
 
1,156.80 / 100.00
TOTAL (18)
Cumulative as of 31 December 2012