98: Development of the Agricultural Sector- January-June, 2017
07-Sep-2017
In the agricultural sector:
In the last eight years, total production output has fluctuated between 7.8% and10.3% of gross domestic product
In the first quarter of 2017, foreign direct investment amounted to negative US$0.3 mln
In the first half of 2017, the volume of loans in the national currency almost reached the volume of loans in foreign currencies
In the first half of 2017, the volume of imports was 2.4 times the volume of exports
97: Remittances - January-June, 2017
26-Jul-2017
In the first half of 2017:
Remittance inflows to Georgia amounted to $629 Mln
Remittance outflows from Georgia amounted to $96.3 Mln
Inflow from Russian Federation, United States, Italy, Greece, Israel, and Turkey amounts to 81% of total remittance inflows to Georgia
96: Construction - I Quarter, 2017
06-Jul-2017
In the first quarter of 2017, compared to the corresponding period of 2016:
Production value of the construction sector increased by 13%;
Total turnover of the construction sector increased by 16%;
Foreign direct investments in the construction sector increased by 188% (GEL 36.4 mln);
The number of persons employed in the construction sector increased by 2.8% (1,600 persons).
Issue 95: Business Sector - I Quarter, 2017
22-Jun-2017
In the first quarter of 2017, compared to the corresponding period of 2016:
The production value of the business sector significantly increased (16%);
A 19.1% increase in total turnover was observed;
The number of persons employed in the business sector increased (4.7%; 27,000 persons);
The average monthly remuneration of persons employed in the business sector increased (11%; GEL 101.6).
Issue 94: External Trade, January-April, 2017
07-Jun-2017
In January-April 2017, compared to the corresponding period of last year:• Both, export (29.7%) and import (12.7%) volumes increased;• Turkey was the leading trade partner of Georgia (14.6% of total trade turnover); • The proportion of EU countries in total trade turnover reached 27%;• The volume of export to Russia significantly increased (131%);• Of Georgia’s exports, 9.9% went to China.
Issue 93: Visa Requirements Map
11-May-2017
The map provides information about the visa requirements for Georgian visitors in abroad. It also gives information which type of visa foreign visitors need to enter to Georgia. Moreover, the other visa related information by country is also provided on the map.
Issue 92: Banking Sector, January-February, 2017
24-Apr-2017
According to data for February 2017, compared to the corresponding period in 2016:
• The volume of deposits increased by 7.4%;• The volume of loans to the national economy increased by 15.4%;• The share of loans for construction in total loans increased significantly (2.2 percentage points), while the share of loans for trade decreased (-2.9 percentage points);• The share of non-performing loans in total loans decreased (-0.6 percentage points).
Issue 91: Foreign Direct Investments, 2016
27-Mar-2017
Based on the preliminary data, in 2016 compared to 2015:
• The volume of foreign direct investment (FDI) increased by 5% and amounted to 1.6 bln. USD. • The largest increase in FDI came from Turkey (200 mln. USD), amounting to 272 mln. USD. • By sector, the biggest increases in the volume of FDI were in manufacturing (79%, 53 mln. USD) and in the energy industry (64%; 79 mln. USD). Meanwhile, in the financial sector the volume of investment decreased (-24%; 42 mln. USD). • The volume of investment increased in Kvemo Kartli (265%; 56 mln. USD) but decreased in Adjara (-21%; 43 mln. USD).
Issue 90: Visitors in Georgia - January - February 2017
09-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 from Russia (31 400 people), Armenia (24 300 people) and Iran (12 400 people) while the number of visitors decreased from Turkey (-19 700 people); • The number of visitors arriving at Tbilisi International Airport increased by 38 500 people, at Kutaisi International Airport by 5 000 people and at Batumi Airport by 187 people.
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 of 8.8%. • The United States moved from fourth to second place, reaching 11.1% of total remittances;• The United States is in the first position in terms of remittances per migrant and is 1.2 times higher than remittances per migrant from Russia.