Issue 33: External Trade - Q3 2014
28-Nov-2014
In the Q3 2014, the trade turnover increased (1.9%), compared to the same period in 2013, which is due to the increase of import (4.9%). In this period the volume of exports decreased (-6.2%), due to the decrease of the volume of re-export, therefore the trade balance also worsened (-11.5%).
The top five largest trade partners are still: Turkey (16.7%), Azerbaijan (10.1%), China (8.0%), Russia (7.5%) and Ukraine (5.5%).
Issue 32: Public Debt - I-III quarters, 2014
14-Nov-2014
In the first three quarters of 2014, the volume of public debt increases (3.9%; 336.1 mln. GEL) compared to 2013. The volume of domestic debt increases (36.6%), while the volume of external debt declined (-2.1%).
In the first three quarters of 2014, the volume of public debt increases (3.9%; 336.1 mln. GEL) compared to 2013. The volume of domestic debt increases (36.6%), while the volume of external debt declined (-2.1%).
Issue 31: Tax Revenue - January-September 2014
21-Oct-2014
In September 2014, the volume of budget tax revenues exceeds (17.0%; 96.6 mln. Gel) the corresponding indicator in September 2013 and reaches 665.9 mln. GEL. Revenues increase from: value-added tax (VAT) (23.0%), profit tax (22.3%), personal income tax (14.2%) and import tax (13.2%). Revenue from the excise tax decreases (-1.4%).
Issue 30: GDP and FDI - II quarter 2014
03-Oct-2014
In the first quarter of 2014, real GDP increased (7.1%, 223mln GEL). Manufacturing (16.7%, 56.4 mln.GEL), construction (14%, 35 mln. GEL) and trade (11.1%, 57.1mln GEL) expanded the most. The reduction was only in mining (-13.6%; -3.3 mln.GEL). In the first quarter of 2014, FDI (15%; 33.7 mln.USD) also increased.
Issue 29: Tax Revenue - January-July 2014
18-Sep-2014
In July 2014, the volume of tax revenues exceed (12.4 %; 98.2 mln. GEL) the corresponding indicator in July 2013 and reached 647.4 mln. GEL. Tax revenues increased in all categories: value-added tax (VAT) (17.1 %; 41.2 mln. GEL), income tax (13.7 %; 20.5 mln. GEL), import tax (6.0 %; 0.5 mln. GEL), profit tax (4.9%; 5.0 mln. GEL) and excise tax (4.1 %; 3.0 mln. GEL).
Issue 28: Banking Sector - July 2014
12-Sep-2014
In July 2014, the volume of deposits increased (19.1%) compared to July 2013. Deposits denominated in both, national (GEL) , as well as in foreign currency (17.9%) increased (21%;17,9%) .The share of deposits denominated in foreign currency (60.9%) still exceed the share of deposits denominated in national currency (GEL) (39.1%).
Issue 27: GDP and FDI - I quarter 2014
30-Jul-2014
In the first quarter of 2014, real GDP increased (7.1%, 223mln GEL). Manufacturing (16.7%, 56.4 mln.GEL), construction (14%, 35 mln. GEL) and trade (11.1%, 57.1mln GEL) expanded the most. The reduction was only in mining (-13.6%; -3.3 mln.GEL). In the first quarter of 2014, FDI (15%; 33.7 mln.USD) also increased.
Issue 26: Tax Revenue - January-May 2014
27-Jun-2014
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 other revenues (17.0%; 16.1 mln.GEL).
Issue 25: Trade with Ukraine - I quarter, 2014
14-May-2014
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 total export (8%), Ukraine is the fourth largest partner of Georgia. According to the share in total import (6%) , Ukraine is Georgia’s fifth partner.
Issue 24: Trade with Russia - 2013
29-Apr-2014
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 decreased (7%; 28 mln.USD) and equals -399 mln. USD compared to 2012.
