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The completion rate of state budget in 2013 is 90.9%.Correspondingly, there is the lack of 632.3 mln. GEL in state budget1. During the three quarter of 2013, the indicator of Tax burden (tax revenues/GDP) (25.3%)…
In the third quarter of 2013, real GDP increased (1.4%) in comparison with the corresponding indicator in 2012. The largest growth was in agriculture (9.5%) and the largest reduction was in construction (-16.9%) sectors. In the…
In January-May of 2014, the state budget total revenue of Georgia increased (4.7%; 127.7 mln.GEL), compared to the respective period in 2013. This is due to significant increase of tax revenue (5.1%; 131.1 mln.GEL) and…
In March 2014, the volume of export (-33.3%; -5.1 mln.USD) as well as the volume of import (-4.3%; -2.1 mln.USD) decreased significantly compared to March 2013. In the first quarter of 2014, according to the share…
In 2013 total volume of exports from Georgia to Russia is 190 mln. USD (24% of turnover), while import volume is 589 mln. USD (76% of turnover). In 2013 the negative trade balance with Russia…
In 2013, the volume of construction decreased (-10.5%; -124.3 mln.GEL) compared to 2012. Therefore, the number of empolyees in construction sector also decreased (-18.8%; -10,984 man). In 2013, expenses on construction from the consolidated budget was…
In January 2014, the indicator of the volume of loans exceeds (21.6%) to the corresponding indicator in January 2013. The weighted average interest rate on loans decreased (1 percentage point) and equals 18.4%. In January 2014,…
This issue of “Economic Outlook and Indicators” analyzes the banking sector in the period of January-October 2013. In October 2013 the volume of deposits, as well as the volume of loans to the National economy…
This issue of “Economic Outlook and Indicators” analizes tax revenues in the period of January-October 2013 in comparison with the corresponding period in 2012. In October 2013, tax revenues reduced in comparison with the October 2012 (-10.5%).…
The growth rate of GDP in the first two quarters of 2013 is 1.9 %, which is lower than the indicator of the same period of 2012 (7.5%). It’s under the question to achieve the growth…
This issue of “Economic Outlook and Indicators” analizes revenues from VAT, income, profit and excise taxes in the period of January-August 2013 in comparison with the indicator of the corresponding period in 2012. In August 2013, tax…
In the second quarter of 2013, foreign direct investment increased in comparison with the corresponding indicator in 2012 (1.5%), as well as in comparison with the same indicator in the first quarter of 2013 (12.7%). It should be noted that…
This issue of “Economic Outlook and Indicators” analyses revenues from VAT, income, profit and excise taxes in the period of January-July 2013 in comparison with the indicator of the corresponding period in 2012. In July 2013, tax…
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