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 %)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).