• Issue 109: Inequality in Education

    14-Mar-2019

    Issue 109: Inequality in Education Human capital development is increasingly seen as the biggest driver of economic growth and the most powerful tool in the fight against poverty (World Bank, 2018). This idea is embodied in the World Bank’s new initiative - Human Capital Project, which[…]

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  • Issue 108: Employment in Georgia (2014-2017)

    13-Feb-2019

    Issue 108: Employment in Georgia (2014-2017) Increasing the employment rate represents one of the most significant challenges and priorities of the Georgian economy. This bulletin appraises trends related to employment for the period of 2014-2017. Increasing the employment rate represents one of the most significant challenges and[…]

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  • 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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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…
Issue 87: New Excise Tax Rule for Automobiles
18-Jan-2017
Starting from 1st January of 2017 the new rule of excise tax calculation launched. There is a significant increase of excise tax on the automobiles issued before 2005. The excise tax on the automobiles with…
Issue 85: Construction- I - III Quarters, 2016
23-Dec-2016
  According to the first three-quarters of 2016, compared to the corresponding period of 2015: The volume of production in the construction sector increased by 41.2% and reached 4.2 bln GEL;Foreign direct investment (FDI) in…
Issue 86: Banking Sector - I - III Quarters, 2016
11-Jan-2017
  Analysis of January - November 2016, compared to the corresponding period in 2015: • Net profit of commercial banks increased by 25.1% (114 mln GEL) and amounted to 567 mln GEL. • The volume…
Issue 88: External Trade - 2016
31-Jan-2017
  In 2016, compared to 2015: • The volume of imports decreased by 0.5%;• The volume of exports decreased by 4.1% while the volume of re-exports decreased by 19.6%. The share of re-exports in total…
Issue 89: Remittances - 2016
17-Feb-2017
  In 2016, compared to 2015: • The volume of remittances increased by 6.6% and amounted to 1.1 bln USD;• Remittances from Russia, the leading source country, makes up 34.3% of total remittances, a decrease…
Issue 90: Visitors in Georgia - January - February 2017
10-Mar-2017
  In January-February 2017, compared to the corresponding period of the previous year: •    The number of international visitors increased by 71 000 people and reached 775 000 persons; •    The number of visitors increased…
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