**Georgia Among Top Three Countries in Economic Growth**
For the first time ever, Georgia has made it to the top three countries in terms of real economic growth per capita and purchasing power parity (PPP), according to the International Monetary Fund (IMF). This achievement is expected to last until 2030.
Prime Minister Irakli Kobakhidze shared this exciting news on social media. He highlighted that Georgia’s economy will surpass seven European Union countries, including Luxembourg, Slovenia, Iceland, Malta, Cyprus, Latvia, and Estonia, by 2030.
**Historic Progress**
Georgia has made remarkable progress since 2012, with its real GDP per capita growing at a rate of 10.7% in 2024, ranking second in the world behind Guyana. Over the past three decades, Georgia’s economy has grown by an impressive 370%, putting it among the top three countries globally.
The IMF predicts that Georgia will maintain this leading position until 2030. By then, the country’s nominal purchasing power parity economy is expected to exceed $159 billion, surpassing seven European Union countries, including Luxembourg and Slovenia.
**Notable Achievements**
Georgia has achieved notable milestones in various economic indicators:
* With a 12-year growth rate of 173%, Georgia’s nominal economy per capita surpassed $28,258 international dollars in 2024.
* The country’s real GDP per capita grew by 10.7% in 2024, ranking second globally after Guyana.
* Georgia’s nominal purchasing power parity (PPP) economy exceeded $104 billion in 2024, making it a 12-digit value for the first time.
**IMF Outlook**
According to the IMF, Georgia’s real GDP per capita growth rate will be among the top three countries globally from now until 2030. The country’s nominal purchasing power parity (PPP) economy is expected to grow at an impressive pace, exceeding $159 billion by 2030.
This historic achievement demonstrates Georgia’s commitment to economic development and its potential for sustained growth in the coming years.
