As a small, open economy strategically located at the crossroads of Europe and Asia, Georgia is an important nodal point for regional trade flows. Over the past decade, the government has implemented far-reaching initiatives to deregulate the economy, streamline bureaucracy, and combat petty corruption. The government’s priority going forward is more sustainable and inclusive economic growth, with a specific focus on macroeconomic stability and effective public administration, private sector competitiveness, human resource development, and promoting access to finance.
The key development priorities of ADB in Georgia are inclusive economic growth and accelerated poverty reduction.
4.48(2013) Population in millions
0.5%(2008-2013) Average annual population growth rate
22.4%(2012) Population living below the national poverty line