IMF includes Georgia in the list of 10 countries with highest unemployment decrease over 12 years

The World Economic Review of the International Monetary Fund has ranked Georgia ninth among the top 10 countries in the world with the highest percentage decrease in unemployment over the last 12 years.
The decrease of unemployment in Georgia is estimated by the IMF by 11 percentage points and equals to 15.7 percent by 2024, compared to the levels in 2012.
The IMF reports that the unemployment rate in the country was the highest in 2010, 2011 and 2012 at the level of about 27 percent.
As the IMF said, Georgia reached the highest percentage point of unemployment increase in the world in the period up to 2012. Unemployment increased in that 12-year period by more than16 percentage points.

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