ADB's Work in Georgia
Joined in 2007
Shareholding and Voting Power
Number of shares held:
36,243 (0.341% of total shares)
75,357 (0.567% of total membership, 0.870% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
Located at the crossroads of Europe and Asia, Georgia is an important node for regional trade flows and has a unique geographic advantage for market integration with the rest of the world, including the European Union.
The Government of Georgia has taken steps to deregulate the economy, streamline bureaucracy, and combat corruption. Committed to an inclusive growth process, the government has considerably increased social sector funding and made public expenditure transparent. Solid economic growth driven by the private sector has supported Georgia's development and reduced the country's poverty and unemployment.
Old Town (Altstadt) is the historic city center of Tbilisi – Georgia's capital – boasting of old architecture, cobblestoned streets, and great finds.
The coronavirus disease (COVID-19) pandemic has had a significant impact on the Georgian economy, with disruptions to foreign inflows from trade and tourism and the drain on public finances needed for stimulus measures. However, Georgia’s steadfast commitment to sustainable, inclusive, and resilient growth positions it well for recovery.
The Asian Development Bank (ADB) began its partnership with Georgia in 2007 and is one of the country’s largest multilateral development partners. ADB has committed loans worth $3.92 billion and technical assistance projects worth $28.9 million for Georgia.