Geostat: Georgia's overall poverty rate fell by 1.9% in 2022
Geostat: Georgia's overall poverty rate fell by 1.9% in 2022

In 2022, the share of the population under the absolute poverty line (absolute poverty rate) in Georgia decreased by 1.9 percentage points compared to the same period of the previous year
and amounted to 15.6%,  the Georgian National Statistics Service (GeoStat) reported on Monday.

According to the survey data of 2022,  the absolute poverty rate in urban-type settlements decreased by 2.7 percentage points and amounted to 12.3%, while in rural-type settlements it decreased by 0.7 percentage points and amounted to 20.6%.

In 2022, the absolute poverty rate decreased compared to the previous year in all age groups of the population. Particularly, the indicator was 20.4 % in the age group under 18 years (-2.3
percentage points), in the 18-64 age group – 15.3 % (-2.0 percentage points), and in the age group 65 and older – 10.5 % (-1.4 percentage points).

According to the Geostat, absolute poverty rates for women decreased by 1.8 percentage points and amounted to 15.3 %, while for men it decreased by 2.1 percentage points and amounted to 15.8%.