Pages

55 pages

Published

July 2017

Update frequency

On a semi-annual basis

Format

PDF, Horizontal, Screen friendly

MEET THE AUTHOR


Charting Economy team

Charting Economy™ team consists of editors, analysts, and researchers. For any questions and comments about this report, you can contact the chief editor directly at editor@chartingeconomy.com.

READERS FEEDBACK


what readers are saying

TABLE OF CONTENT


Comprehensive View On The Economy

 

1.      Economic structure

Part of the country’s economic profile, economic structure section gives readers useful views to understand what matters for Georgia’s economy.

KEY QUESTIONS ADDRESSED

  • What is the size of the Georgia’s economy in relation to world’s major economies?
  • What is the size of Georgia’s population?
  • What is the demographic structure of Georgia? Is it favorable for economic growth?
  • How has the structure of Georgia’s GDP changed over the years?
  • How much does the Georgia’s economy rely on external trade?
  • How does economic freedom in Georgia compare to others?

2.      Competitiveness

Part of the country’s economic profile, this section explores Georgia’s competitiveness in the global level. It also covers the country’s attractiveness to foreign direct investment.

KEY QUESTIONS ADDRESSED

  • Which stage of economic development is the Georgia’s economy in?
  • How has the labor productivity in Georgia changed over the years and in relation with comparable countries?
  • How competitive is Georgia?
  • How are Georgia’s competitive factors compared to those of other countries?
  • Is it easy to do business in Georgia?
  • How good is Georgia in attracting Foreign Direct Investment?
  • What are most problematic factors in doing business in Georgia?

3.      Economic development

Part of the country’s economic profile, this section explores Georgia’s economic development, average income and its distribution, poverty as well as other development indicators.

KEY QUESTIONS ADDRESSED

  • What is the level of income for an average person in Georgia?
  • How does poverty rate in Georgia compare with others?
  • Is unemployment the issue for Georgia?
  • How is income distributed in Georgia and how does it compare to others?
  • What is the current level of human development in Georgia?
  • How has quality of life in Georgia changed over the years?

4.      Economic growth

Part of the country’s economic outlook, this section explores Georgia’s recent economic growth, its key drivers and well as the growth outlook for the coming years.

KEY QUESTIONS ADDRESSED

  • What has been the growth rate of Georgia’s economy over the past 10 years and how does it compare with others?
  • What were the key growth drivers for the Georgia’s economy in the last year?
  • What were the source of growth for Georgia’s economy in recent years?
  • What is the growth outlook for Georgia’s economy over the next 3 years and how does it compare with others?

5.      Economic stability (Macro risks)

Part of the country’s economic outlook, this section explores Georgia’s macro-economic risks, including inflation, financial sector, budget deficit as well as balance of payment and exchange rate.

KEY QUESTIONS ADDRESSED

  • What is the risk of inflation in Georgia and how does it compare with others?
  • How healthy is the Georgia’s banking sector?
  • What is the fiscal risk in Georgia?
  • What is the likelihood of raising tax?
  • What is the balance of payment risk for Georgia?
  • How good is the country in getting foreign exchange by the mean of commerce?
  • What is the FX risk? How has the currency performed compared to other currencies?

Appendix 1: Key Economic Projections 2016-2022

From IMF’s World Economic Outlook Report April 2017.

  • GDP growth
  • Inflation
  • Population
  • Unemployment rate
  • Government budget and debt
  • Current account

Appendix 2: DOING BUSINESS 2017

Detailed rankings and scores for Georgia and comparable economies.

  • Starting a business
  • Dealing with construction permits
  • Getting electricity
  • Registering property
  • Getting credit
  • Protecting Minority Investors
  • Paying taxes
  • Trading across borders
  • Enforcing contracts
  • Resolving Insolvency