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Georgian Economic Climate (Q4, 2018)

In the fourth quarter of 2018, Georgian economic climate barely remained satisfactory. In this period, Georgian economistsassessed Georgia’s present economic situation satisfactorily. However, assessment of present economic situation in this quarter deteriorated compared to the…

Hotel Price Index (September, 2018)

During October 2017 – September 2018 period, in Tbilisi the highest average prices of a room in a 3* and 4* hotels were recorded in December 2017, respectively 165 GEL and 293 GEL, the lowest…

June - September, 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…

Hotel Price Index (August, 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…

Georgian Economic Climate (Q3, 2018)

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

IFO World Economic Climate (Q3, 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…

Hotel Price Index (July, 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…

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…

Hotel Price Index (June, 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*…
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…

Hotel Price Index (May, 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…

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…

Georgian Economic Climate (Q2, 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 is a…



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