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Georgia’s Economy | Mavimore

The dissolution of the Soviet Union had a negative impact on the Georgian economy and a long-term unstable structure emerged. In the first years of independence, there was high inflation, a decrease in industrial and agricultural production, a decrease in the number of tourists and a large increase in the unemployment rate. Until 1995, Georgia’s gross domestic product followed a decreasing trend every year. With the success of the economic stabilization programs initiated by Turkey in 1995, there was an improvement in the Georgian economy. As of 2003, Georgia’s gross domestic product is 8.465 billion Lari. Mavimore Turizm is a travel agency registered with TÜRSAB. Document number: A-8307

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