Financial expert Nikoloz Shurgaia argues that Georgia’s economic growth is uneven and fails to benefit the broader population. Speaking to BMG, he emphasized that despite official data showing high GDP growth - 7.5% in May 2025 and 8.8% on average for the first five months—the reality for most citizens remains starkly different.
“The nominal GDP has more than doubled in five years. But who’s seen their income double?” Shurgaia asked, highlighting a disconnect between macroeconomic growth and personal income levels.
He pointed to high unemployment and discouraged workers, with 34% of the population either jobless or no longer actively seeking employment, as evidence that economic benefits are not being widely shared.
“Either the numbers are unrealistic, or wealth is concentrated in the hands of a few,” he said, calling uneven growth a major issue that casts doubt on whether it can be called “growth” at all.
