Georgia Forecast: Unemployment Rate

1996 - 2028 | Yearly | % | International Monetary Fund

Key information about Georgia Unemployment Rate Forecast

  • Georgia Unemployment Rate is forecasted to be 18.600 % in Dec 2024 as reported by International Monetary Fund
  • It records a decrease from the last reported number of 18.400 % in Dec 2023
  • Looking ahead, Georgia Unemployment Rate is projected to stand at 17.516 % in Dec 2028
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate

View Georgia's Forecast: Unemployment Rate from 1996 to 2028 in the chart:

Georgia Forecast: Unemployment Rate

What is Georgia's Forecast: Unemployment Rate in 2028?

Georgia Unemployment Rate is forecasted to be 18.600 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
17.516 2028 17.979 2027 7.551 1997 27.200 2011 % yearly 1996 - 2028

Forecast: Unemployment Rate by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) 0.000 yearly -
Albania (%) 11.000 2028 yearly 1980 - 2028
Algeria (%) 11.383 2019 yearly 1980 - 2019
Andorra (%) 1.675 2028 yearly 2010 - 2028
Angola (%) 0.000 yearly -
Antigua and Barbuda (%) 0.000 yearly -
Argentina (%) 7.000 2028 yearly 1980 - 2028
Armenia (%) 14.000 2028 yearly 2001 - 2028
Aruba (%) 5.091 2026 yearly 1991 - 2026
Australia (%) 4.898 2028 yearly 1980 - 2028
Austria (%) 5.179 2028 yearly 1980 - 2028
Azerbaijan (%) 5.545 2028 yearly 2000 - 2028
Bahamas (%) 9.190 2028 yearly 1986 - 2028
Bahrain (%) 5.400 2022 yearly 2007 - 2022
Bangladesh (%) 0.000 yearly -
Barbados (%) 9.718 2028 yearly 1981 - 2028
Belarus (%) 3.455 2028 yearly 1993 - 2028
Belgium (%) 5.402 2028 yearly 1980 - 2028
Belize (%) 2.800 2028 yearly 1990 - 2028
Benin (%) 0.000 yearly -
Bhutan (%) 5.900 2022 yearly 2003 - 2022
Bolivia (%) 5.200 2028 yearly 2000 - 2028
Bosnia and Herzegovina (%) 15.255 2028 yearly 1995 - 2028
Botswana (%) 0.000 yearly -
Brazil (%) 7.931 2028 yearly 1991 - 2028
Brunei (%) 4.900 2028 yearly 2011 - 2028
Bulgaria (%) 4.200 2028 yearly 1989 - 2028
Burkina Faso (%) 0.000 yearly -
Burundi (%) 0.000 yearly -
Cambodia (%) 0.000 yearly -
Cameroon (%) 0.000 yearly -
Canada (%) 5.999 2028 yearly 1980 - 2028
Cape Verde (%) 8.500 2028 yearly 1980 - 2028
Central African Republic (%) 0.000 yearly -
Chad (%) 0.000 yearly -
Chile (%) 7.499 2028 yearly 1980 - 2028
China (%) 5.200 2028 yearly 2017 - 2028
Colombia (%) 9.511 2028 yearly 1980 - 2028
Comoros (%) 0.000 yearly -
Congo (%) 0.000 yearly -
Costa Rica (%) 9.000 2026 yearly 1980 - 2026
Croatia (%) 5.581 2028 yearly 1991 - 2028
Cyprus (%) 5.481 2028 yearly 1982 - 2028
Czech Republic (%) 2.300 2028 yearly 1995 - 2028
Democratic Republic of Congo (%) 0.000 yearly -
Denmark (%) 5.000 2028 yearly 1980 - 2028
Djibouti (%) 0.000 yearly -
Dominica (%) 0.000 yearly -
Dominican Republic (%) 6.000 2028 yearly 1991 - 2028
Ecuador (%) 3.500 2028 yearly 1988 - 2028
Egypt (%) 6.679 2028 yearly 1990 - 2028
El Salvador (%) 5.500 2028 yearly 1988 - 2028
Equatorial Guinea (%) 0.000 yearly -
Eritrea (%) 0.000 yearly -
Estonia (%) 6.364 2028 yearly 1993 - 2028
Swaziland (%) 25.000 2016 yearly 1995 - 2016
Ethiopia (%) 0.000 yearly -
Fiji (%) 4.500 2028 yearly 1986 - 2028
Finland (%) 7.100 2028 yearly 1980 - 2028
France (%) 6.663 2028 yearly 1980 - 2028
Gabon (%) 0.000 yearly -
Gambia (%) 0.000 yearly -
Georgia (%) 17.516 2028 yearly 1996 - 2028
Germany (%) 2.963 2028 yearly 1980 - 2028
Ghana (%) 0.000 yearly -
Greece (%) 9.000 2028 yearly 1980 - 2028
Grenada (%) 0.000 yearly -
Guatemala (%) 0.000 yearly -
Guinea (%) 0.000 yearly -
Guinea-Bissau (%) 0.000 yearly -
Guyana (%) 0.000 yearly -
Haiti (%) 0.000 yearly -
Honduras (%) 8.000 2028 yearly 1980 - 2028
Hong Kong SAR, China (%) 2.774 2028 yearly 1980 - 2028
Hungary (%) 3.300 2028 yearly 1980 - 2028
Iceland (%) 3.976 2028 yearly 1980 - 2028
India (%) 0.000 yearly -
Indonesia (%) 5.100 2028 yearly 1984 - 2028
Iran (%) 9.779 2028 yearly 1990 - 2028
Iraq (%) 0.000 yearly -
Ireland (%) 4.507 2028 yearly 1985 - 2028
Israel (%) 4.000 2028 yearly 1980 - 2028
Italy (%) 8.250 2028 yearly 1980 - 2028
Ivory Coast (%) 0.000 yearly -
Jamaica (%) 8.375 2021 yearly 1980 - 2021
Japan (%) 2.300 2028 yearly 1980 - 2028
Jordan (%) 22.850 2022 yearly 1984 - 2022
Kazakhstan (%) 4.775 2028 yearly 1994 - 2028
Kenya (%) 0.000 yearly -
Kiribati (%) 0.000 yearly -
South Korea (%) 3.205 2028 yearly 1980 - 2028
Kosovo (%) 20.750 2021 yearly 2012 - 2021
Kuwait (%) 2.200 2028 yearly 2002 - 2028
Kyrgyzstan (%) 9.014 2028 yearly 1994 - 2028
Laos (%) 0.000 yearly -
Latvia (%) 6.402 2028 yearly 1992 - 2028
Lebanon (%) 0.000 yearly -
Lesotho (%) 0.000 2015 yearly 2000 - 2015
Liberia (%) 0.000 yearly -
Libya (%) 0.000 yearly -

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Georgia Key Series

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Includes 249 key indicators for Georgia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.4 Dec 2023 quarterly Dec 2006 - Dec 2023
Consolidated Fiscal Balance (USD mn) -98.274 Feb 2024 monthly Jan 2006 - Feb 2024
Tax Revenue (USD mn) 642.733 Feb 2024 monthly Jan 2006 - Feb 2024
Tax Revenue: % of GDP (%) 23.9 Dec 2023 quarterly Mar 2006 - Dec 2023
National Government Debt (USD mn) 11,675.6 Dec 2023 quarterly Mar 2006 - Dec 2023
Government Debt: % of GDP (%) 39.1 Dec 2023 quarterly Mar 2006 - Dec 2023
Forecast: Government Expenditure (GEL bn) 33.921 2028 yearly 1995 - 2028
Forecast: Government Net Debt (GEL bn) 43.487 2028 yearly 2000 - 2028
Forecast: Government Revenue (GEL bn) 31.613 2028 yearly 1994 - 2028
General Government: Consolidated (Cons): Revenue (GEL mn) 1,823.300 Feb 2024 monthly Jan 2006 - Feb 2024
General Government: Cons: Memorandum Items: Debt at Face Value: Domestic (GEL mn) 8,554.200 Feb 2024 monthly Jan 2006 - Feb 2024
General Government: Cons: Expenditure (GEL mn) 1,675.500 Feb 2024 monthly Jan 2006 - Feb 2024
General Government: Cons: Memorandum Items: Debt at Face Value (GEL mn) 30,779.800 Feb 2024 monthly Jan 2006 - Feb 2024
General Government: Cons: Memorandum Items: Debt at Face Value: Foreign (GEL mn) 22,225.600 Feb 2024 monthly Jan 2006 - Feb 2024
General Government: Cons: Net Lending/Borrowing (GEL mn) -261.000 Feb 2024 monthly Jan 2006 - Feb 2024
General Government: Cons: Net Operating Balance (GEL mn) 147.800 Feb 2024 monthly Jan 2006 - Feb 2024
General Government: Cons: Revenue: Taxes (GEL mn) 1,707.000 Feb 2024 monthly Jan 2006 - Feb 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.728 2028 yearly 1995 - 2028
Trade Balance (USD mn) -650.6 Feb 2024 monthly Jan 1995 - Feb 2024
Total Exports (USD mn) 464.7 Feb 2024 monthly Jan 1995 - Feb 2024
Total Exports Growth (%) 2.0 Feb 2024 monthly Jan 1996 - Feb 2024
Aluminum: Exports (USD th) 19,681.946 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 111,873.547 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 12,531.465 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,115.3 Feb 2024 monthly Jan 1995 - Feb 2024
Total Imports Growth (%) 4.4 Feb 2024 monthly Jan 1996 - Feb 2024
Imports: Medicament (USD th) 423,173.191 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 62,675.495 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 4.147 Feb 2024 monthly Jan 1995 - Feb 2024
Total Imports from USA (USD mn) 82.259 Feb 2024 monthly Jan 1995 - Feb 2024
Total Exports to China (USD mn) 28.300 Feb 2024 monthly Jan 1995 - Feb 2024
Total Imports from China (USD mn) 96.857 Feb 2024 monthly Jan 1995 - Feb 2024
Exports: HS: Road Vehicles (USD th) 161,224.569 Feb 2024 monthly Jan 1995 - Feb 2024
Exports: HS: Beverages and Spirits (USD th) 74,267.989 Feb 2024 monthly Jan 1995 - Feb 2024
Exports: HS: Ores, Slag and Ash (USD th) 20,059.143 Feb 2024 monthly Jan 1995 - Feb 2024
Exports: HS: Iron and Steel (USD th) 23,319.152 Feb 2024 monthly Jan 1995 - Feb 2024
Exports: HS: Fertilizers (USD th) 13,140.559 Feb 2024 monthly Jan 1995 - Feb 2024
Exports: Harmonised System (HS) (USD th) 464,698.161 Feb 2024 monthly Jan 1995 - Feb 2024
Exports: Other States: ow United States (USD th) 4,146.682 Feb 2024 monthly Jan 1995 - Feb 2024
Exports: CIS States: Azerbaijan (USD th) 58,534.898 Feb 2024 monthly Jan 1995 - Feb 2024
Exports: Other States: ow Turkey (USD th) 34,145.805 Feb 2024 monthly Jan 1995 - Feb 2024
Exports: CIS States: Ukraine (USD th) 9,713.447 Feb 2024 monthly Jan 1995 - Feb 2024
Exports: CIS States: Armenia (USD th) 42,500.114 Feb 2024 monthly Jan 1995 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 152.5 Dec 2023 quarterly Mar 2000 - Dec 2023
Current Account Balance (USD mn) -200.5 Mar 2023 quarterly Mar 1995 - Mar 2023
Current Account Balance: % of GDP (%) -6.8 Dec 2023 quarterly Mar 1996 - Dec 2023
Foreign Direct Investment (USD mn) 302.0 Dec 2023 quarterly Mar 1997 - Dec 2023
Foreign Direct Investment: % of GDP (%) 3.6 Dec 2023 quarterly Mar 1997 - Dec 2023
Foreign Portfolio Investment (USD mn) -54.547 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -0.7 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 0.7 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -55.265 Dec 2023 quarterly Mar 2000 - Dec 2023
External Debt (USD mn) 23,373.2 Sep 2023 quarterly Dec 1999 - Sep 2023
External Debt: % of GDP (%) 94.2 2022 yearly 1999 - 2022
External Debt: Short Term (USD mn) 4,043.4 Jun 2023 quarterly Dec 2006 - Jun 2023
External Debt: Short Term: % of GDP (%) 13.6 2023 yearly 2006 - 2023
Forecast: Current Account Balance (USD bn) -2.346 2028 yearly 1995 - 2028
Net International Investment Position (USD mn) -30,025.316 Dec 2023 quarterly Dec 1999 - Dec 2023
BoP: Capital Account (USD mn) 11.031 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: Capital Account: Debit (USD mn) 0.000 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: FA: Financial Derivatives and Employee Stock Options: Liabilities (USD mn) -65.579 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: FA: OI: Assets (USD mn) 486.410 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: FA: DI: Liabilities (USD mn) 301.975 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: FA: Financial Derivatives and Employee Stock Options: Assets (USD mn) -34.842 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: CA: GS: Services (USD mn) 682.780 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: CA: Secondary Income (SI) (USD mn) 894.476 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: Capital Account: Credit (USD mn) 11.031 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: CA: SI: Credit (USD mn) 937.612 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: CA: Debit (USD mn) 5,559.333 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: CA: GS: Goods: Debit (USD mn) 3,625.007 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: FA: OI: Liabilities (USD mn) 628.184 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: Financial Account (FA): Net Lending or Borrowing (USD mn) -564.941 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: FA: Portfolio Investment: Liabilities (USD mn) -54.547 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: FA: Portfolio Investment (PI) (USD mn) 56.971 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: CA: GS: Services: Debit (USD mn) 929.082 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: FA: Direct Investment (DI) (USD mn) -149.497 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: FA: Reserve Assets (RA): Assets (USD mn) -361.376 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: CA: PI: Debit (USD mn) 962.107 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: CA: GS: Goods: Credit (USD mn) 1,988.058 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: CA: SI: Debit (USD mn) 43.136 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: CA: PI: Credit (USD mn) 462.421 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: FA: DI: Assets (USD mn) 152.478 Dec 2023 quarterly Mar 2000 - Dec 2023
Balance of Payments (BoP): Current Account (CA) (USD mn) -559.380 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: FA: Other Investment (OI) (USD mn) -141.775 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: FA: Financial Derivatives and Employee Stock Options (USD mn) 30.736 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: FA: Portfolio Investment: Assets (USD mn) 2.424 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: Net Errors and Omissions (USD mn) -16.591 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: CA: GS: Goods (USD mn) -1,636.950 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: CA: Primary Income (PI) (USD mn) -499.686 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: CA: GS: Services: Credit (USD mn) 1,611.862 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: Current and Capital Account: Net Lending or Borrowing (USD mn) -548.349 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: CA: Credit (USD mn) 4,999.953 Dec 2023 quarterly Mar 2000 - Dec 2023
International Investment Position (IIP): Net (USD mn) -30,025.316 Dec 2023 quarterly Dec 1999 - Dec 2023
IIP: Liabilities (USD mn) 46,165.664 Dec 2023 quarterly Dec 1999 - Dec 2023
IIP: Assets (USD mn) 16,140.348 Dec 2023 quarterly Dec 1999 - Dec 2023
Gross External Debt: Foreign Currencies: Long Term (USD mn) 18,263.987 Dec 2023 quarterly Dec 2006 - Dec 2023
Gross External Debt: Foreign Currencies: Short Term (USD mn) 3,125.114 Dec 2023 quarterly Dec 2006 - Dec 2023
Gross External Debt: GEL: Long Term (USD mn) 1,752.096 Dec 2023 quarterly Dec 2006 - Dec 2023
Gross External Debt (USD mn) 24,168.976 Dec 2023 quarterly Dec 2006 - Dec 2023
Gross External Debt: GEL: Short Term (USD mn) 1,027.779 Dec 2023 quarterly Dec 2006 - Dec 2023
Foreign Direct Investment: European Union: Netherlands (USD th) -12,644.389 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Direct Investment: CIS States: Azerbaijan (USD th) 35,617.717 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Direct Investment: Other States: China (USD th) 10,637.338 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Direct Investment: Other States: Turkey (USD th) 2,647.009 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Direct Investment: European Union: United Kingdom (USD th) 203,684.078 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Direct Investment: Construction (USD th) -3,448.664 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Direct Investment: Manufacturing (USD th) 4,167.004 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Direct Investment: Energy (USD th) -125,300.753 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Direct Investment: Financial Sector (USD th) 277,274.288 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Direct Investment: Transports and Communications (USD th) -5,826.881 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Direct Investment: NACE 2: Manufacturing (USD th) 4,150.155 Dec 2023 quarterly Mar 2016 - Dec 2023
No of Registered Enterprises: New (Unit) 5,527.000 Jan 2024 monthly Jan 2008 - Jan 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.7 Jun 2023 monthly Dec 2003 - Jun 2023
Household Debt: % of GDP (%) 36.9 Mar 2023 quarterly Mar 2001 - Mar 2023
Non-Performing Loans (USD mn) 343.072 Jan 2024 monthly Dec 2003 - Jan 2024
Money Supply M1 (USD mn) 5,989.350 Feb 2024 monthly Oct 1995 - Feb 2024
Money Supply M2 (USD mn) 9,280.886 Feb 2024 monthly Oct 1995 - Feb 2024
M2 Growth (%) 29.6 Feb 2024 monthly Oct 1996 - Feb 2024
Reserve Requirement Ratio (%) 5.0 Mar 2024 monthly Jan 1992 - Mar 2024
Foreign Exchange Reserves (USD mn) 3,994.7 Mar 2024 monthly Oct 1995 - Mar 2024
Foreign Exchange Reserves: % of GDP (%) 14.918 Dec 2023 quarterly Dec 1996 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 3.9 Feb 2024 monthly Oct 1995 - Feb 2024
Gold Reserves (USD mn) 0.000 Feb 2024 monthly Oct 1995 - Feb 2024
Total Deposits (USD mn) 19,607.354 Feb 2024 monthly Oct 1995 - Feb 2024
Total Deposits Growth (%) 21.1 Jun 2023 monthly Oct 1996 - Jun 2023
Domestic Credit (USD mn) 20,648.5 Feb 2024 monthly Oct 1995 - Feb 2024
Domestic Credit Growth (%) 16.9 Feb 2024 monthly Oct 1996 - Feb 2024
Household Debt (USD mn) 10,111.0 Dec 2023 monthly Oct 2003 - Dec 2023
Total Loans (USD mn) 19,775.249 Dec 2023 monthly Dec 2002 - Dec 2023
Total Loans Growth (%) 17.50 Dec 2023 monthly Dec 2003 - Dec 2023
Private Debt: % of Nominal GDP (%) 63.84 Dec 2023 quarterly Dec 1996 - Dec 2023
Money Supply: M0: Money Outside Banks (GEL th) 4,475,604.000 Feb 2024 monthly Oct 1995 - Feb 2024
Money Supply: M3 (GEL th) 42,364,218.000 Feb 2024 monthly Oct 1995 - Feb 2024
Official Reserve Assets: Foreign Currency (USD th) 3,994,734.300 Mar 2024 monthly Oct 1995 - Mar 2024
Official Reserve Assets (USD th) 4,776,893.891 Mar 2024 monthly Oct 1995 - Mar 2024
Commercial Banks: Non Performing Loans (GEL mn) 920.360 Jan 2024 monthly Dec 2003 - Jan 2024
IMF: Non Performing Loans to Total Loans (%) 1.696 Jun 2023 quarterly Dec 2003 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -21.8 Mar 2024 quarterly Dec 2014 - Mar 2024
Business Confidence Index (BCI) (% Point) 17.700 Mar 2024 quarterly Dec 2013 - Mar 2024
GE: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 7.000 2019 yearly 2019 - 2019

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