Georgian Economic Climate (Q4, 2023)

The main findings of the survey of Georgian economists conducted in the fourth quarter of 2023 are:

• Georgian economists have a positive assessment of Georgia’s present economic situation.
• Though their predictions for Georgia’s economic situation for the next six months are also positive.
• 64% of the surveyed economists identified a labor shortage as the most significant threat to the Georgian economy.
• All of the surveyed economists either agreed or completely agreed with the IMF’s concerns regarding the independence of the NBG.
• Overall, 76% of the surveyed economists believed that the recent developments surrounding the NBG posed a high or very high threat to the continuation of the IMF’s support program in Georgia.