Key Figures

Chief of State:
President Giorgi Margvelashvili
Head of Government:
Prime Minister Giorgi Kvirikashvili


Government Name:
Adopted: 1995; Established a multi-party presidential representative democratic republic, branches with executive powers vested in government and legislative powers both by government and parliament. The constitution outlines independence, rights of citizens, and the powers of the different branches
Government Type:
Georgia Flag
Coat of Arms of Georgia

Index of Economic Freedom

Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2018)

Country Risk Rating

Political and economic uncertainties and an occasionally difficult business environment can affect corporate payment behavior. Corporate default probability is appreciable. Source: Coface (2018)

Government Branches

Main Powers Election Process Election Cycle 1

The president appoints the prime minister and the cabinet. The head of state is the prime minister, who is in charge of day-to-day operations of the executive government

The president is elected by absolute majority vote with a 2 round system

5 years


The supreme court and constitutional court uphold and interpret the constitution.

Supreme court judges are nominated by the president and appointed by the parliament. Constitutional court judges are appointed by the president following candidate selection by the justice council.

10 years


The parliament creates legislature and elects supreme court judges on the president's recommendation

The legislative branch has 77 members elected through a closed-list proportional representation system, and another 73 are elected by majority vote in single-member constituencies

4 years

Regional Trade Blocs

No Regional Trade Blocs

International Organization Participation [2]

Environmental Agreements [3]

Tax Information [2]

Tax Authority:
Ministry of Finance
Tax Name:


  1. ElectionGuide
  2. EY,
  3. CIA World Factbook,
  4. U.S. Bilateral Relations Fact Sheets