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Georgia's Economic Growth Slows Amid Political Turmoil

5/22/2025

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Summary

Story summary

Georgia's economy is expected to decelerate from a robust 9.4% growth in 2024 to a more modest 5-6% in 2025-2026, as private consumption and government spending wane. Despite a drop in unemployment to 13.9% and a remarkable 15% rise in real wages, political instability and geopolitical tensions threaten this progress.

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Story summary

Georgia's economy is expected to decelerate from a robust 9.4% growth in 2024 to a more modest 5-6% in 2025-2026, as private consumption and government spending wane. Despite a drop in unemployment to 13.9% and a remarkable 15% rise in real wages, political instability and geopolitical tensions threaten this progress.