The Study of the Dynamics of Changes Affecting the Economic Growth Index of Georgia

Due to the rapid changes of global economic and political processes, classification of countries by different indicators becomes prominent. Such classification by certain criteria, simplifies to draw some picture of a particular country basing on its major characteristics. From the economic point of view, in general, the countries are classified considering their GDP, foreign debt, simplicity of business starting and other indicators. However, the economic growth rate in Georgia is directly related to GDP. Therefore, the research is aimed at analyzing the dynamics of GDP volatility in Georgia (directly impacting the economic growth) and the influence of various factors on the indicators of the economic growth. The research is based on the official information provided by the governmental organizations and analytical reports prepared by the international institutions