Georgia has successfully recovered from the global financial crisis of 2008-2009 and has returned to consistent growth. The post-crisis yearly GDP growth rate over the last 4 years has been 5.5%. Likewise, the future looks bright as the International Monetary Fund forecasts the economy to grow by 5% yearly over the next 5 years. The growth has been possible due to significant growth in domestic demand as well as output in sectors such as infrastructure, construction, financial services and energy. Another major contributor to growth has been international trade that has nearly doubled since the pre-crisis levels.
To read the full story click on this link: Georgia Article 2014
Courtesy: BIA Business Information Agency Georgia