Georgia's Economic Outlook 2020
FURTHER JOB CREATION IS ACHIEVABLE
UNEMPLOYMENT RATE DOWN 1.1PPTS Y/Y TO
54
HIRED WORKERS ON THE RISE
Source: Geostat
11.6% IN 2019
Source: Geostat
1,100
1,800
17.4% 17.3% 17.2% 16.9%
20%
1,000
14.6% 14.1% 14.0% 13.9%
12.7%
1,600
11.6%
15%
900
800
849
840
1,400
1,628 1,643 1,659 1,643 1,694 1,734 1,717 1,707 1,694 1,690
10%
700
1,200
5%
600
500
1,000
0%
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Employed, 000' persons
-Unemployment rate, %
2010 2011 2012 2013 2014 2015
Self-employed, 000' persons
SHARE OF SERVICES IN TOTAL EMPLOYMENT ON
THE RISE
2016 2017 2018 2019
Hired, 000' persons
PRIVATE SECTOR CREATES JOBS
Source: Geostat
Source: Geostat
2,000
1,000
116
121
120
122
123
124
124
138
140
1,500
800
782
796
779
774
778
761
750
737
659
600
1,000
512
530
540
560
366
403
429
442
485
400
500
730
726
760 747
794
849
843
833
895
200
302
281
287
252
259
287
272 284 300
O
о
2010
2011 2012 2013
2014
2015 2016
2017
2018
2010 2011 2012 2013
2014
■Services (incl. construction)
■ Agriculture
Industry
■Public sector (hired workers)
2015 2016 2017 2018
■Non-public sector (hired workers)View entire presentation