Unemployment rates: modeled vs. national estimates in Georgia

Georgia: Unemployment rates: modeled vs. national estimates was 8.0% in 2024. ▲ Rising

Latest (2024)
8.0%
Change on year
down 16.4%
World rank
52nd
of 185 countries
All-time high
20.7%
in 2009
All-time low
2.4%
in 1996
Years of data
29
1996–2024

Unemployment rates: modeled vs. national estimates in Georgia, 1996–2024

051015201996201020241996: 2.4 %1997: 5 %1998: 14.5 %1999: 13.8 %2000: 10.8 %2001: 11.2 %2002: 12.6 %2003: 11.5 %2004: 12.6 %2005: 13.8 %2006: 13.6 %2007: 13.3 %2008: 17.9 %2009: 20.7 %2010: 20.2 %2011: 19.6 %2012: 19.7 %2013: 19.4 %2014: 17.4 %2015: 16.5 %2016: 16.6 %2017: 13.9 %2018: 12.7 %2019: 11.6 %2020: 11.7 %2021: 11.8 %2022: 10.2 %2023: 9.6 %2024: 8 %

Source: Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Measured in %.

Analysis

In 2024, unemployment rates: modeled vs. national estimates in Georgia stood at 8.0%.

Compared with earlier readings it is down 16.4% on the previous year and down 54.0% over ten years.

Over the whole period, unemployment rates: modeled vs. national estimates in Georgia peaked at 20.7% in 2009 and was at its lowest, 2.4%, in 1996.

Georgia ranks 52nd of 185 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 29 years of available data.

Unemployment rates: modeled vs. national estimates in Georgia, year by year

Annual values for Unemployment rates: modeled vs. national estimates in Georgia, 1996 to 2024.
Year % Change
1996 2.4%
1997 5.0% +108.3%
1998 14.5% +190.6%
1999 13.8% -5.0%
2000 10.8% -21.6%
2001 11.2% +3.1%
2002 12.6% +12.9%
2003 11.5% -8.6%
2004 12.6% +9.7%
2005 13.8% +9.4%
2006 13.6% -1.7%
2007 13.3% -2.2%
2008 17.9% +34.6%
2009 20.7% +15.9%
2010 20.2% -2.4%
2011 19.6% -2.8%
2012 19.7% +0.1%
2013 19.4% -1.2%
2014 17.4% -10.2%
2015 16.5% -5.4%
2016 16.6% +0.6%
2017 13.9% -16.1%
2018 12.7% -9.1%
2019 11.6% -8.7%
2020 11.7% +1.5%
2021 11.8% +0.8%
2022 10.2% -13.8%
2023 9.6% -6.0%
2024 8.0% -16.4%

Georgia compared with similar countries

  • Georgia's 8.0% is above the median for upper middle income countries, which is 5.8%, 1.4× the median. (52 countries reporting)
  • Georgia's 8.0% is above the median for Europe & Central Asia, which is 5.6%, 1.4× the median. (52 countries reporting)

Biggest year-on-year movements

Years where Unemployment rates: modeled vs. national estimates in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1998 +190.6% 5.0% 14.5%
1997 +108.3% 2.4% 5.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 8.9% 2.4% 14.5% 4
2000s 13.8% 10.8% 20.7% 10
2010s 16.8% 11.6% 20.2% 10
2020s 10.3% 8.0% 11.8% 5

Countries ranked near Georgia

  1. 49 Turks and Caicos Islands 8.3% compare
  2. 50 Armenia 8.3% compare
  3. 51 Uruguay 8.2% compare
  4. 53 Suriname 7.9% compare
  5. 54 France 7.7% compare
  6. 55 Saint Lucia 7.7% compare

See the full ranking of 185 places →

More reference data data for Georgia

All data for Georgia →

Frequently asked questions

What is unemployment rates: modeled vs. national estimates in Georgia?
Unemployment rates: modeled vs. national estimates in Georgia was 8.0% in 2024, according to Labour Force Statistics, via World Bank (2026) – processed by Our World in Data.
What is the highest unemployment rates: modeled vs. national estimates recorded in Georgia?
The highest recorded value was 20.7% in 2009.
What is the lowest unemployment rates: modeled vs. national estimates recorded in Georgia?
The lowest recorded value was 2.4% in 1996.
How does Georgia rank for unemployment rates: modeled vs. national estimates?
Georgia ranks 52nd out of 185 countries with data for 2024.
Is unemployment rates: modeled vs. national estimates rising or falling in Georgia?
Over the last ten years it is down 54.0%. The long-run trend across the full record is rising.
Where does this Georgia data come from?
The figures come from Labour Force Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rates: modeled vs. national estimates. Statizoid updates them automatically from the source API.

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Unemployment rates: modeled vs. national estimates in Georgia. Statizoid, drawing on Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/ilo-national-vs-modeled-data/georgia/

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About this data

Indicator
Unemployment rates: modeled vs. national estimates
Unit
%
Source
Labour Force Statistics, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
185 places, 5,169 data points, 1960–2025
Last refreshed

Share of the labor force without work, but actively looking for a job and available to start soon. Figures refer to national estimates and may not be fully comparable across countries.