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In 2014, the breakdown of Georgian exports by country noticeably differed from 2005 (before Russian embargo). In 2005, Russia was the largest market for Georgian exports and the share of Russia with a share of…
China is the second largest trading partner of Georgia. In 2014, total trade turnover between Georgia and China amounted to 823.4 mln. USD, which is 7.2 % of total turnover. Georgia and China intend to…
In June 2015, compared to the corresponding period in 2014: • The volume of deposits increased (24.8 %; 2 719.5 mln GEL), as well as increased the volume of loans to the national economy (32.6…

Joint Feasibility Study on China-Georgia Possible Free Trade Agreement

07-Aug-2015
The study showed that a free trade agreement between Georgia and China has great potential. Georgia’s export to China would increase by 9% approximately, in the short-term period including significant growth of wine exports (28.5%) and non-alcoholic drinks (36.7%). On the other hand, imports from…
In June 2015, compared to June 2014, consumer prices increased by 4.5%. In this period, the highest growth of prices recorded on the following categories: • Alcoholic beverages and tobacco (11.4%). Among them increased the…
In the first quarter of 2015, the nominal GDP increased by 8.3% and real GDP increased by 3.2% compared to the first quarter of 2014. In this period, total volume of the final consumption expenditures…
საქართველო, როგორც მცირე ღია ეკონომიკა, მნიშვნელოვნად არის დამოკიდებული საგარეო ფაქტორებზე, მათ შორის უცხოეთიდან შემოსულ ფულად ნაკადებზე, როგორებიცაა პირდაპირი უცხოური ინვესტიციები და ფულადი გზავნილები. 2015 წლის ბოლომდე მოსალოდნელია ფულადი გზავნილების 330 მლნ.დოლარით შემცირება, თუმცა გაცვლითი კურსისა…
GEO
In the first quarter of 2015, the production in business sector increased by 11.9%. in comparison with the first quarter of 2014. In this period the average monthly remuneration of employed individuals increased by 72.6…
In the first quarter of 2015, the volume of registered trade in goods is 2,277.7 mln. USD. The share of registered import of goods in total turnover is 77.9% and the share of registered export…

Waste Management in Georgia

10-Jun-2015
Even if the streets in Georgia are swept and clean, it does not mean that waste is managed in the country. Despite a big interest of the Georgian government, there are still no striking changes in the waste management in Georgia. A considerable step forward…
In 2014, the share of education expenditure as % to GDP is 2.9% and its share in total public expenditure is 9.2%. The planning of the education reforms started in 2005 and their active implementation…
In the first quarter of 2015, the state budget revenues increased (14.6%) compared to the first quarter in 2014. Among them, tax revenues increased by 11.5% (189.1mln. GEL), grants by 6 times (48.7 mln. GEL)…

Sharing Experience of Visegrad Countries’ EU Economic Integration and Georgia’s Successful Institutional Reforms for Albania and Kosovo

29-Apr-2015
This report analysis state of play of Albania’s and Kosovo’s EU integration, it asseses the challenges and perspectives these countries meet in the process. Also, it presents experience of Georgia’s, as EU associated country’s successful insistutional reforms that are relevant for Albania and Kosovo.
In 2007-2013, the average monthly incomes and expenditures, which are one of the indicators of standard of living, has increasing trend. The corresponding indicators for 2014 have not published yet *.   In 2014, the…
The preliminary estimates of the real GDP growth rate in January 2015 is 0.5% and in February - 4.9%.   In 2014, the indicator of the real GDP growth rate was 4.8%, which exceeds (1.5…

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