Georgia: Unemployment rate forecast
* indicates monthly or quarterly data series
Georgia |
Unemployment rate forecast |
---|---|
Latest value | 14.50 |
Year | 2028 |
Measure | percent |
Data availability | 1996 - 2028 |
Average | 17.23 |
Min - Max | 7.55 - 27.20 |
Source | International Monetary Fund |
The latest value from 2028 is 14.5 percent, unchanged from 14.5 percent in 2027. In comparison, the world average is 6.50 percent, based on data from 99 countries. Historically, the average for Georgia from 1996 to 2028 is 17.23 percent. The minimum value, 7.55 percent, was reached in 1997 while the maximum of 27.2 percent was recorded in 2010.
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Definition: The unemployment rate is the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). The series includes actual historical values for past years and forecast values for the current and the next few years.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Economic growth forecast | 5.00 | 2028 | percent |
Investment forecast | 25.54 | 2028 | percent |
Inflation forecast | 3.00 | 2028 | percent |
Unemployment rate forecast | 14.50 | 2028 | percent |
Budget balance forecast | 0.72 | 2028 | percent |
Current account forecast | -5.81 | 2028 | percent |