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.
ADB's country partnership strategy (CPS), 2014-2018 for Georgia seeks to foster inclusive economic growth, while enhancing regional connectivity and ensuring environmentally sustainable growth.
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