Georgian Economic Climate (Q1, 2024)
Our latest Georgian Economic Climate publication offers assessments of various economic developments by Georgian economists.
- Georgia’s present economic situation was assessed positively. Predictions for Georgia’s economic situation for the next six months were also slightly positive.
- Export volumes are forecasted to decline, and import volumes are expected to increase over the next six months compared to 2023.
- EU candidacy and labor shortage hasthe greatest impact on the Georgian economy. Additionally, employment and the labor market isthe most challenging area when it comes to Georgia’s alignment with the EU standards.