5 Fastest Growing Countries in Europe

2. Georgia

2023 Projected Real GDP Growth Rate According to IMF in October: 4%

Georgia is a country that occupies both Eastern Europe and Asia that has grown quite rapidly in recent years. In terms of its past, the country has averaged 4% percent growth from 2011 to 2021 according to The World Bank. According to the Asian Development Bank in September, the agency wrote in September it expected Georgia’s economy to expand by 7% in 2022. According to IMF estimates, the country could grow 4% this year too.