An unprejudiced look at the Georgian economy is rather disenchanting. Starting in 1990 at a per capita income that was close to Poland’s, Georgia went into a free fall as a result of secession wars, loss of markets, an explosion of crime and corruption, and the staggering incompetency of its governments.
Wages and productivity levels differ across countries. For instance, in 2011 the average yearly income in the US was about $53 000, whilst the same indicator was $250 in Madagascar.
Poverty and income inequality are two of the top concerns for the newly elected Georgian government. Indeed, despite impressive growth performance (annual growth rates have averaged more than 6% since 2005), Georgia remains a poor country.
A fascinating mountain region at the border to Chechnya, Khevsureti is quite isolated. According to a 2006 report by the Regional Environmental Centre for the Caucasus, annual household incomes in the Shatili district of Khevsureti are: 70-80 kg of melted butter, half of which is family consumed and half sold. Income is 175 – 200 Euro.