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enforcement system: According to a 2020 survey, only 29% of Georgians believe that cases of high-level corruption are investigated properly in Georgia, while 47% think that they are not.
“Further, state capture has meant that the legislature and the judiciary do not properly exercise their oversight roles vis-a-vis the executive branch. Parliamentary oversight was especially limited during the state of emergency enacted due to the COVID-19 pandemic.”
TI Georgia says that for Georgia to regain its lost anti-corruption momentum, a number of decisive steps are needed. The government, it sums up, should start by “supporting the proposal to establish an independent, multi-role anti-corruption agency that would fill the current void in terms of the enforcement of the country’s anti-corruption laws.”
3.0 Macro Economy
Georgia - Main Macro Indicators 2015 2016 2017 2018 2019 Q1 20* Q2 20* Q3 20*
GDP real growth (y/y, %)
3.0 2.6 4.8 4.8 5.0 2.3 -13.2 -5.6
GDP per capita (at current prices), 4,012.6 4,062.1 4,358.5 4,722.0 4,696.2 1,016.3 952.9 1,156.2 USD
GDP per capita (at current prices), GEL
9,109.4 9,614 10,934 11,968 13,239 2,974.3 2,999.2 3,586.7
GDP at current prices, (USD bn)
14.9 15.1 16.2 17.6 17.5 3.8 3.5 4.3
GDP at current prices, (GEL bn)
33.9 35.8 40.8 44.6 50.0 11.1 11.1 13.3
GDP deflator (y/y, %)
5.8 2.6 8.5 4.4 6.6 7.1 7.2 5.9
Source: Geostat
13 GEORGIA Country Report March 2021 www.intellinews.com