• 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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  • 96: Construction - I Quarter, 2017

    6-Jul-2017

    96: Construction - I Quarter, 2017  In the first quarter of 2017, compared to the corresponding period of 2016:Production value of the construction sector increased by 13%;Total turnover of the construction sector increased by 16%;Foreign direct investments in the construction sector increased by 188% (GEL 36.4[…]

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  • Issue 95: Business Sector - I Quarter, 2017

    22-Jun-2017

    Issue 95: Business Sector - I Quarter, 2017  In the first quarter of 2017, compared to the corresponding period of 2016:The production value of the business sector significantly increased (16%);A 19.1% increase in total turnover was observed;The number of persons employed in the business sector increased (4.7%; 27,000[…]

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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…
Georgian Economic Climate (Q2, 2018)

Georgian Economic Climate (Q2, 2018)

25-May-2018
Georgian Economic Climate is a joint product of PMC Research Center and the ifo Institute for Economic Research. In this bulletin, we discuss Georgia’s economic climate as assessed by Georgian economists. PMC Research Center is…
Hotel Price Index (April, 2018)

Hotel Price Index (April, 2018)

14-May-2018
The 3-star, 4-star and 5-star hotel price index increased by 3.4% in April 2018, compared to March 2018; The prices for guesthouses increased by 6% in April 2018, compared to March 2018; According to Airbnb, in April 2018, looking at the capital cities of Georgia and its neighboring countries the…
External Trade - 2017

External Trade - 2017

10-May-2018
In the first issue of the publication the main focus of discussion is individual and inter-regional external trade, helping us to identify the economic ties among the involved countries.
External Trade - 2017

External Trade - 2017

10-May-2018
In the first issue of the publication the main focus of discussion is individual and inter-regional external trade, helping us to identify the economic ties among the involved countries.
Issue 102: Higher and Vocational Education, 2013-2017

Issue 102: Higher and Vocational Education, 2013-2017

03-May-2018
This newsletter entails an overview of dynamics behind the number of professors, the number of Georgian and foreign students, and the distribution of students according to education programs.
Hotel Price Index (March, 2018)

Hotel Price Index (March, 2018)

16-Apr-2018
The 3-star, 4-star and 5-star hotel price index increased by 9% in March 2018, compared to February 2018; In March 2018, the daily rates for 3-star, 4-star and 5-star standard double hotel rooms increased significantly in Tbilisi (15.5%), while the daily rates decreased the most in Mtskheta-Mtianeti (-10.6%); During the…
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