Summary

The paper deals with economic growth factors, its essence and importance in the development of market economy. The economic growth stages and by their peculiarities are characterized. The types of economic growth and economic growth measurements are mentioned. The painful transition from one of the economic systems to another  has brought new challenges to Georgia. For such a poor country like Georgia the achievement of economic growth requires a lot of effort In the epoch. Of globalization and Innovations there should be a number of state regulations that promote business development, encourage small and medium businesses to overcome the chronic problems such as poverty and unemployment in the country. The government tries its best to achieve the economic growth adequate  for our economy. For the next year the government is expecting 4,5% economic growth. The government has already implemented important social projects and continues its implementation: universal free health care, agriculture programs, free textbooks, received and implemented "Mountainous Regions Development Law." It should be noted that in November, in Tbilisi, was hell Silk Road Forum "where up to 10 memorandums were signed. Announcements were made about investing millions of investments in Georgia. Was founded in the National Fund construction of. This fund will create a new investment platform in the country and will be a solid financial instrument for financing important projects. Many of the problems are to be solved, such as ecology, demography, strict regulations on genetically modified products, infrastructure projects, tourism development and promotion, tourist infrastructure and other.