Geo/Ger/Eng/

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Georgia
Area: 69 700 sq km

Population
3.8 million

Capital: Tbilisi

Official Language
Georgian

Literacy: 100%

Government
Presidential Parliament Democracy, Head of State: President is elected for a 5 years term. Executive: Prime Minister, Ministers, State Ministers.

Legislative: Parliament with 150 members elected for a term 4 years. Judicial: Supreme Court, Constitutional Court, Appeal and Local Courts.

Currency: GEL

Economic Data:

USD/GEL  2.4509,  EUR/GEL  2.6443, 100 RUB/GEL 4.2605

GDP  in 2016:  3642,6 million USD, GDP Growth Rate 3%, GDP per Capita 2166.4 GEL

Labor force 2 million, Unemployment rate 12%, Refinancing Rate 6.50%, Annual Targeted Inflation Rate 5.0%

Business Environment
As an emerging market, Georgia presents an interesting business environment for business partners. It has wonderful natural resources: forests, hydropower, nonferrous metals, manganese, iron ore, copper and agricultural products, as well as an extensive labour force.

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