Georgia
Georgia is a dynamic economy in the Caucasus region, strategically positioned between Europe and Asia and widely recognized for its market-oriented reforms. In 2024, Georgia’s real GDP grew by approximately 9.4%, driven by strong domestic demand, rising real wages, and expanding credit availability. The nominal GDP reached around USD 33.8 billion. Inflation remained low, averaging 1.1%, while foreign direct investment inflows accounted for about 4% of GDP.
Economic overview
Georgia’s economic growth in 2024 was broad-based, supported by the service sector—particularly IT, education, and public services. The government continues to implement reforms aimed at simplifying taxation, reducing corruption, and promoting transparency. Additionally, Georgia plays a key role as a regional transport and logistics hub, benefiting from infrastructure upgrades and trade connectivity through East–West corridors.
Key economic indicators
Real GDP growth: approx. 9.4% in 2024, with projections of 6.0% in 2025
Nominal GDP: around USD 33.8 billion
Inflation: approximately 1.1%
FDI inflows: about 4% of GDP
Business environment
Georgia maintains one of the most business-friendly regulatory environments in the region. A series of institutional reforms have made the country attractive for investment, with simplified tax procedures, efficient public services, and a robust legal framework. The digital transformation of government services further enhances operational efficiency and investor confidence.
Key sectors for investment
Information technology and digital services
Education, tourism, and public service infrastructure
Transport and logistics, including highways, ports, and transit infrastructure
Manufacturing and agro-processing industries
Investment advantages
Strong macroeconomic performance and fiscal stability
Liberal and transparent regulatory environment
Strategic geographic location with access to European and Asian markets
Competitive labor costs and a young, adaptable workforce
Conclusion
Georgia presents a compelling opportunity for international investors, combining economic dynamism with structural reform, regional connectivity, and sectoral diversity. With a clear vision for modernization and inclusive growth, the country is well-positioned for sustained development.
If you are interested in exploring business and investment opportunities in the United Arab Emirates, EurAsia Gulf is well-positioned to assist you. Our extensive network of connections within both government and private sectors allows us to provide you with valuable insights and guidance. Our team of experts is dedicated to offering tailored consultations to meet your specific needs.
For more information or to schedule a consultation, please feel free to contact us at info@eurasiagulf.org
