Geostat: Poverty rate in Georgia drops to 9.4% in 2024
Geostat: Poverty rate in Georgia drops to 9.4% in 2024

In 2024, the share of the population under the absolute poverty line (absolute poverty rate) in Georgia decreased by 2.4 percentage points compared to the previous year, amounting to 9.4 percent, the National Statistics Service (GeoStat) reported.

In 2024, the absolute poverty rate in urban areas decreased by 1.6 percentage points, amounting to 7.8 percent, while in rural areas it decreased by 3.7 percentage points, amounting to 11.9 percent.

In 2024, the absolute poverty rate decreased compared to the previous year across all age groups of the population. Specifically, the indicator was 12.1 percent in the age group under 18 years (-4.0 percentage points), in the 18-64 age group – 9.3 percent (-2.1 percentage points), and in the age group 65 and older – 6.7 percent (-1.3 percentage points).