Written by Györgyi Mácsai and Nadejda Kresnichka-Nikolchova, Members’ Research Service (EPRS) with Raffaele Ventura, GlobalStat, EUI.
This infographic provides insight into the economic performance of Georgia compared with the European Union (EU) and examines the trade dynamics between them. In 2024, Georgia achieved a sustained growth rate of its economy of 9.4%, while the EU-27 managed only a growth rate of 1.1%. Georgia’s public debt as a percentage of GDP continues to decline, recovering from the significant increase in response to the COVID-19 pandemic in 2020. The EU-27 is Georgia’s primary trading partner, accounting for 22.1% of its trade share, with Germany being the leading country. The main exported goods to Georgia are vehicles, aircraft, mechanical appliances, and electrical equipment, while the EU mainly imports ores, slag, ash, and agri-food from Georgia.
Read this ‘infographic’ on ‘Georgia: Economic indicators and trade with EU‘ in the Think Tank pages of the European Parliament.
GDP growth