CFI Data on Georgia
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Areas under Georgian control shown in dark green; areas claimed but uncontrolled shown in light green
We offer a data-driven country report for Georgia that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Georgia.
Trade agreement information for Georgia
Does Georgia belong to any economic unions or free trade areas?
Member of the Organization of the Black Sea Economic Cooperation (BSEC) since 05/06/1998
Other members:
Albania, Armenia, Azerbaijan, Bulgaria, Greece, Republic of Moldova, Romania, Russian Federation, Serbia, Turkey, Ukraine
What bilateral trade deals are there between Georgia and other countries and economic unions?
Georgia - Russian Federation free trade agreement (from 10/05/1994)
Georgia - Ukraine free trade agreement (from 04/06/1996)
Georgia - Azerbaijan free trade agreement (from 10/07/1996)
Georgia - Armenia free trade agreement (from 11/11/1998)
Georgia - Kazakhstan free trade agreement (from 16/07/1999)
Georgia - Turkmenistan free trade agreement (from 01/01/2000)
Turkey - Georgia free trade agreement (from 01/11/2008)
EU - Georgia Association Agreement (from 01/07/2016)
China - Georgia free trade agreement (from 18/01/2018)
EFTA - Georgia Free Trade Agreement (from 01/05/2018)
Hong Kong, China - Georgia free trade agreement (from 13/02/2019)
Implementation dates might vary according to the date of the United Kindom's exit from the European UnionTrade between Georgia and the United Kingdom
Source: UK Office for National Statistics, October 2019.
Contains public sector information licensed under the Open Government Licence v3.0.
Its population in 2018 was 3,907,131 [1]
In 2015, 28.66% of its total energy
consumption was renewable [2]
In 2018, its GDP grew by 4.72% [2]
In 2018 it had a negative Current
Account Balance of US$bn1.75 [3]
Its unemployment rate in 2018 was 0.00% [3]
Its Expenditure on R&D (as a percentage of
GDP) in 2016 was 0.30% [2]
Data sources