Georgian Market

Why Georgia?

Georgia is emerging as a regional hub for trade and investment, offering:
Robust Economic Growth

- High GDP growth over the last decade backed by a diversified economy;
- GDP growth at 9.4% 11M2024, after 11% and 7.5% in 2022 & 2023, respectively;
- GDP per capita at $8,219 in 2023 with 3.7 mln population- Consistent FDI inflows and supportive government policies.
Business-Friendly Environment

- 0% tax rate on re-investment profit, 15% on distributed profit;
- Top 3 country according to the World Bank’s Business Ready Index;
- $ 1.9 bn FDI in 2023 (6.2% of GDP).
Strategic Location & Access to Other Markets

- Gateway to the Caucasus and Central Asia;
- Access to 2.3 bln people without customs fee – Free Trade Agreements with the EU, China, Turkey and CIS member countries;
- EU candidate status granted in 2023.

Georgia is The Bridge Between Europe & Asia

Whether you’re an high-growth scaling company, or an established multi-national, Georgia is the ideal location for your business to grow. Georgia’s diverse talent-pool, world-class infrastructure and pro-business environment allows business to grow with ease.

Quick Facts
Population (Thousand Person) 3 694.6
GDP (Per Capital) – $ 8 218.8
Number of Employed (Thousand Person) - 769.9
Average Monthly Renumeration of Employeеs - 2105.5 ₾
Foreign Direct Investments (Million) - $ 768.6
Export (FOB) (Million) - $ 4 173.9
Import (CIF) (Million) - $ 10 526.9

Brief History
Georgia, or as we call it "Sakartvelo", is located at the eastern shores of the Black Sea on the southern flanks of the Greater Caucasus Mountains. Perhaps what Georgia is known for most is the archaeological excavations in its southeast that resulted in a discovery of the human remains of the oldest inhabitant of Eurasia. They are referred to as the "First European," suggesting the territory was populated 1.7-1.8 million years ago.

Tbilisi, Georgia's historic capital and largest city with 1.2 million residents, has been an important political, economic and cultural center since at least the fourth century. The city hosts a wide variety of cultural, historic, and artistic offerings, luxury hotels and cosmopolitan nightlife. Georgia lays claim to having the oldest wine industry in the world dating to 8,000 years ago, and today wine is country's fourth-largest export. More information about what Georgia is known for can be found at Visit Georgia.

At the height of its power, the Kingdom of Georgia stretched from the shores of the Black Sea in the west to the shores of the Caspian Sea in the east. It was a cultural and economic hub of the region. Business in Georgia's modern age also draws inspiration from the region's earliest inhabitants. The famous trade route, the "Silk Road", , connected Europe and Asia and crossed the territory of ancient Georgia, bringing contrasting civilizations and cultures in one place.
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