• Issue 106: Foreign Direct Investment, January-June 2018

    18-Sep-2018

    Issue 106: Foreign Direct Investment, January-June 2018 Analysis of the preliminary data on FDI for the first half of 2018 revealed the following general findings:The financial, energy, and construction sectors attracted the most FDI;Azerbaijan, the United Kingdom, and the Netherlands were the largest investing countries for Georgia;Based[…]

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  • Issue 105: External Trade, January-June 2018

    3-Aug-2018

    Issue 105: External Trade, January-June 2018 The first half of 2018 produced some interesting figures regarding Georgia’s external trade. Even though the existing data is only preliminary, the analysis thereof unveils some curious results. Georgia’s exports and imports reached their highest point for the observed period[…]

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  • Issue 104: External Factors Affecting the Value of Georgian Lari Exchange Rate

    10-Jul-2018

    Issue 104: External Factors Affecting the Value of Georgian Lari Exchange Rate For the period of 2014 to 2017, in every first quarter of each year compared to the first quarter of the previous year, the nominal exchange rate of the Georgian Lari (GEL) against the US Dollar (USD) depreciated. This trend[…]

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  • Issue 103: Gross Domestic Product, 2017

    28-May-2018

    Issue 103: Gross Domestic Product, 2017 According to preliminary data, the Georgian economy is characterized by a 5.0% growth in 2017, which is the highest annual real growth rate for the country since 2012. A trend analysis of GDP is useful in comprehending the indicator relative[…]

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  • Issue 102: Higher and Vocational Education, 2013-2017

    3-May-2018

    Issue 102: Higher and Vocational Education, 2013-2017 High-quality education is one of the main determinants of economic growth. According to the “Government Program 2016-2020”, education is one of the main priorities for the Government of Georgia. Since 2013, the allocated budget of the Ministry of Education and[…]

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  • 101: Georgia in International Rankings

    5-Mar-2018

    101: Georgia in International Rankings Positions in international rankings are an important indicator of how a country is performing with regard to its economic, social and political environment. In this bulletin, Georgia’s positions in international rankings and their dynamics will be reviewed based on recent[…]

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  • 100: Georgian Economy - Overview, 2007-2017

    16-Jan-2018

    100: Georgian Economy - Overview, 2007-2017 The 100th edition of Economic Outlook and Indicators happily coincides with PMCG’s 10-year anniversary. Through the last decade, Georgia’s economic indicators have fluctuated substantially. In this edition, we present the dynamics of development for this period, and also analyze the[…]

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  • 99: Tourism- January-September, 2017

    13-Nov-2017

    99: Tourism- January-September, 2017  In 2017, compared to the corresponding period of 2016:• In the first three quarters, the number of tourists increased by 29%; in the third quarter, the proportion of tourists making up total international travelers reached its peak at 52.1%.• In[…]

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  • 98: Development of the Agricultural Sector- January-June, 2017

    7-Sep-2017

    98: Development of the Agricultural Sector- January-June, 2017  In the agricultural sector:In the last eight years, total production output has fluctuated between 7.8% and10.3% of gross domestic productIn the first quarter of 2017, foreign direct investment amounted to negative US$0.3 mlnIn the first half of 2017, the volume[…]

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  • 97: Remittances - January-June, 2017

    26-Jul-2017

    97: Remittances - January-June, 2017  In the first half of 2017:Remittance inflows to Georgia amounted to $629 MlnRemittance outflows from Georgia amounted to $96.3 MlnInflow from Russian Federation, United States, Italy, Greece, Israel, and Turkey amounts to 81% of total remittance inflows to Georgia    Remittances -[…]

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Issue 106: Foreign Direct Investment, January-June 2018

Issue 106: Foreign Direct Investment, January-June 2018

18-Sep-2018
Analysis of the preliminary data on FDI for the first half of 2018 revealed the following general findings: The financial, energy, and construction sectors attracted the most FDI; Azerbaijan, the United Kingdom, and the Netherlands…
Hotel Price Index (August, 2018)

Hotel Price Index (August, 2018)

17-Sep-2018
In August 2018, the hotel price index increased only by 0.01% compared to July 2018; In August 2018, the daily rates for standard double hotel rooms increased the most in Guria (7.6%), while the hotel prices decreased mostly in Samtskhe-Javakheti (-1.6%); In August 2018, the 3-star, 4-star and 5-star hotel…
Georgian Economic Climate (Q3, 2018)

Georgian Economic Climate (Q3, 2018)

04-Sep-2018
In the third quarter of 2018, Georgian economists positively assessed Georgia’s Economic Climate Indicator (ECI). The Georgian economy is categorized under “Boom” with a positive assessment of its present situation and expectation for the next…

IFO World Economic Climate (Q3, 2018)

15-Aug-2018
Results of the IFO World Economic Survey (WES) for the 3rd Quarter 2018. Munich, 9 August 2018 – The IFO World Economic Climate deteriorated further in the third quarter. The indicator dropped from 16.5 points to…
Hotel Price Index (July, 2018)

Hotel Price Index (July, 2018)

09-Aug-2018
In July 2018, the hotel price index increased by 2.7% compared to June 2018; In July 2018, the daily rates for standard double hotel rooms increased the most in Adjara(10.1%) and Samtskhe-Javakheti (5.9%), while the hotel prices decreased only in Tbilisi (-1.2%); In July, the average cost of a room…
Issue 105: External Trade, January-June 2018

Issue 105: External Trade, January-June 2018

03-Aug-2018
The first half of 2018 produced some interesting figures regarding Georgia’s external trade. Even though the existing data is only preliminary, the analysis thereof unveils some curious results. Georgia’s exports and imports reached their highest…
Hotel Price Index (June, 2018)

Hotel Price Index (June, 2018)

12-Jul-2018
In June 2018, the hotel price index increased by 8.6% compared to May 2018; The 3-star, 4-star and 5-star hotel price index increased by 10.6% in June 2018 compared to May 2018; Among 3*, 4* and 5* hotels the highest price increases were recorded in Adjara – 36% and Guria…
Issue 104: External Factors Affecting the Value of Georgian Lari Exchange Rate

Issue 104: External Factors Affecting the Value of Georgian Lari Exchange Rate

10-Jul-2018
For the period of 2014 to 2017, in every first quarter of each year compared to the first quarter of the previous year, the nominal exchange rate of the Georgian Lari (GEL) against the US Dollar…
Hotel Price Index (May, 2018)

Hotel Price Index (May, 2018)

15-Jun-2018
The 3-star, 4-star and 5-star hotel price index increased by 2% in May 2018 compared to April 2018; For guesthouses, the price index decreased by 1.8% in May 2018 compared to April 2018; According to Airbnb, in May 2018, looking at the self-governing cities of Georgia the highest average cost…
Issue 103: Gross Domestic Product, 2017

Issue 103: Gross Domestic Product, 2017

28-May-2018
According to preliminary data, the Georgian economy is characterized by a 5.0% growth in 2017, which is the highest annual real growth rate for the country since 2012. A trend analysis of GDP is useful…
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