• Issue 107: Georgia in International Rankings in 2018

    12-Dec-2018

    Issue 107: Georgia in International Rankings in 2018 Georgia was ranked 66th among 140 countries in the World Economic Forum’s Global Competitiveness Index1 in 2018.During 2010-2018 Georgia’s position in the ranking was improving, except one year. In 2018, compared to 2017, Georgia’s position in the ranking improved by[…]

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  • 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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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…
Hotel Price Index (February, 2018)

Hotel Price Index (February, 2018)

19-Mar-2018
In this bulletin, we discuss: Hotel prices in February across different regions of Georgia; The hotel price index in February 2018 compared to January 2018; Monthly hotel price changes during the November 2017-February 2018 period.      
Georgian Economic Climate (Q1, 2018)

Georgian Economic Climate (Q1, 2018)

16-Mar-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…
Issue 101: Georgia in International Rankings

Issue 101: Georgia in International Rankings

05-Mar-2018
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…
Hotel Price Index (January, 2018)

Hotel Price Index (January, 2018)

16-Feb-2018
In this bulletin, we discuss hotel prices in January across different regions of Georgia and calculate the hotel price index in January 2018 compared to December 2017. Information about hotels and hotel price data were collected by contacting hotels individually and by using the booking.com website.
Hotel Price Index (December, 2017)

Hotel Price Index (December, 2017)

26-Jan-2018
In this bulletin, we discuss hotel prices in December across different regions of Georgia and calculate the hotel price index in December 2017 compared to November 2017. Information about hotels and hotel price data were collected by contacting hotels individually and by using the booking.com website.
Issue 100: Georgian Economy - Overview, 2007-2017

Issue 100: Georgian Economy - Overview, 2007-2017

16-Jan-2018
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…
Issue 99: Tourism - January-September, 2017
13-Nov-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…
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