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Georgia Poverty Rate

Georgia's poverty rate fell to 5.8% in 2023, down from 7.7% in 2022, according to World Bank. This represents a decrease of 1.9% from the previous year. Georgia has poverty rate higher than the global median (5.80% vs median 1.90%). Compared with the median in Asia, Georgia is higher (5.80% vs regional median 2.00%) and ranks 6th out of 30 countries in Asia.

Georgia's annual unemployment rate fell to 11.48% in 2024, down from 11.54% in 2023.

Yearly Historical Data (1996-2023)

(in %)
Year Poverty Rate (%)
2023 5.8%
2022 7.7%
2021 10.8%
2020 12%
2019 9.7%
2018 11%
2017 11.1%
2016 10.5%
2015 10.6%
2014 12%
2013 14.9%
2012 18.8%
2011 21.6%
2010 23.6%
2009 21.1%
2008 21.7%
2007 23.9%
2006 22.5%
2005 22.3%
2004 20.9%
2003 22.3%
2002 22.3%
2001 36.7%
2000 35%
1999 32.7%
1998 26.8%
1997 28.2%
1996 12.2%
Georgia Poverty Rate : Definition
Poverty Rate measures the percentage of people in Georgia living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).