Georgian FM highlights “very high” economic growth

Maria Novoselova / Vestnik Kavkaza

Georgian Finance Minister Lasha Khutsishvili highlighted the “very high” economic growth in Georgia over the past four years.

According to the minister, Georgia had experienced “double-digit” growth between 2021-2022, a “very high” figure of 7.5% in 2023 and 9.5% in February 2024.

In the first two months of the current year, the economy of Georgia grew by 7.7%, he added, noting the volume of gross domestic product per capita, denominated in dollars, was “the most important and objective indicator” of growth.

"In 2012, Georgia’s per capita indicator was approximately $9,800. By 2023, it had increased to $22,300. This growth represents significant progress in comparison to other countries, both in and outside our region," Khutsishvili said.

© Photo :Maria Novoselova / Vestnik Kavkaza
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