• 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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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…
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…
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.
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…
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…
Issue 98: Development of the Agricultural Sector - January-June, 2017
07-Sep-2017
  In the agricultural sector:     In the last eight years, total production output has fluctuated between 7.8% and10.3% of gross domestic product     In the first quarter of 2017, foreign direct investment amounted to…
Issue 97: Remittances - January-June, 2017
26-Jul-2017
  In the first half of 2017: Remittance inflows to Georgia amounted to $629 Mln Remittance outflows from Georgia amounted to $96.3 Mln Inflow from Russian Federation, United States, Italy, Greece, Israel, and Turkey amounts…
Issue 96: Construction - I Quarter, 2017
06-Jul-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…
Issue 95: Business Sector - I Quarter, 2017
22-Jun-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…
Issue 78: Banking Sector - 2016, I-II Quarters
12-Aug-2016
In June 2016 compared to the corresponding period in 2015: • The volume of deposits (13.5%) and the volume of loans (11.2%) increased.• Taking the effect of exchange rate into consideration, the volume of deposits…
Issue 79: State budget compliance - 2016, I-II Quarters
02-Sep-2016
In the first half of 2016:• State budget revenues are executed by 100.5%, while expenditure - by 95.8%. • Expenditure on social benefits significantly increased (12.1%; 161.8 mln GEL) compared to the corresponding period in…
Issue 82: Average monthly remuneration of employee - I-II Quarters, 2016
18-Oct-2016
In the first half of 2016, compared to the corresponding period of 2015: • Average monthly remuneration of employees increased by 5.4%.• The highest growth in average monthly remuneration of employees was recorded in construction…
Issue 83: Analysis of External Factors Affecting on GEL Exchange Rate - I - III Quarters, 2016
16-Oct-2016
  In the third quarter of 2016, compared to the same period of 2015: • The GEL appreciated against the USD by 0.12% on average;• The negative trade balance increased (5.7%, USD 73.2 mln.);• The…
Issue 84: Social Expenditures of State Budget - I - III Quarters, 2016
05-Dec-2016
  In the first three quarters of 2016, compared to the corresponding period of 2015, in the State Budget: • Total expenditure on social security increased by 10.7% (238.6 mln GEL) and  amounts into 2,270 mln…
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