• 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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Hotel Price Index (December, 2018)

Hotel Price Index (December, 2018)

22-Jan-2019
In December 2018, compared to November 2018, in Tbilisi, the hotel price index increased by 11.9%. The growth rate of guesthouse prices (21%) significantly exceeded the growth rate of 3*, 4* and 5* hotel prices (9.3%). Notably, the given dynamics differs from the dynamics of the previous year, when the…
Hotel Price Index (November, 2018)

Hotel Price Index (November, 2018)

18-Dec-2018
• In November 2018, compared to November 2017, in Georgia the hotel price index decreased by 0.1%;• In November 2018, compared to November 2017, the daily rates for standard double hotel rooms decreased the most in Guria(-14.7%) and Kakheti (-13.6%);• In November 2018, compared to November 2017, the hotel prices…
Issue 107: Georgia in International Rankings in 2018

Issue 107: Georgia in International Rankings in 2018

12-Dec-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…
Hotel Price Index (October, 2018)

Hotel Price Index (October, 2018)

21-Nov-2018
In October 2018, compared to October 2017, in Georgia the hotel price index increased by 7.2%; In October 2018, compared to October 2017, the daily rates for standard double hotel rooms increased the most in Adjara (22.7%) and Samtskhe-Javakheti (17.9%); In October 2018, compared to 2017, the hotel prices in…
Georgian Economic Climate (Q4, 2018)

Georgian Economic Climate (Q4, 2018)

19-Nov-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…
Challenges in Determining the Governmental Bureaucratic Costs in Georgia

Challenges in Determining the Governmental Bureaucratic Costs in Georgia

16-Jul-2018
  Giorgi Khishtovani, Director at PMC research, and Andro Tvaliashvili, Junior Researcher at PMC Research, analyzing the challenges in determining the governmental bureaucratic costs in Georgia.
Financing Model of Georgian Higher Education System and its Unintended Implications

Financing Model of Georgian Higher Education System and its Unintended Implications

28-Jun-2018
  Giorgi Khishtovani, Director at PMC research, and Mariam Saghareishvili, Researcher at PMC Research, discussing about financing model of Georgian higher education system and its unintended implications.
Government Initiatives to Decrease Indebtedness and their Possible Implications

Government Initiatives to Decrease Indebtedness and their Possible Implications

27-Sep-2018
  Giorgi Khishtovani, Director at PMC research, and Sopo Basilidze, Junior Researcher at PMC Research analyzing government initiatives to decrease indebtedness and their possible implications.
Hotel Price Index (September, 2018)

Hotel Price Index (September, 2018)

15-Oct-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 prices were recorded in February 2018, respectively 124 GEL and 214 GEL. In September 2018,…
Issue 106: Foreign Direct Investment, January-June 2018

Issue 106: Foreign Direct Investment, January-June 2018

18-Sep-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…
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