Georgian domestic exports are down by 14.7% in Jan-Aug 2020

The FINANCIAL — National Statistics Office of Georgia published data of Domestic exports of Georgia (January – August 2020). In January-August 2020 the exports of Georgia (excluding non-declared exports) equaled USD 2 071.4 million, 14.7 percent lower year-on-year. Share of the domestic

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Georgia’s GDP Declined by 12.3% in Q2 of 2020

The FINANCIAL — National Statistics Office of Georgia published data of Gross Domestic Product of Georgia (2020 II quarter, preliminary data). In Q2 2020 the nominal GDP amounted to GEL 11 210.0 million. The real Gross Domestic Product (GDP) declined by 12.3

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The average monthly nominal wages in Georgia decreased

The FINANCIAL — National Statistics Office of Georgia published data of Average monthly nominal earning of employees (2020, II quarter). In the II quarter of 2020, the average monthly nominal earnings in Georgia decreased by 2.5 percent (29.6 Gel) compared to the same quarter

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Survey results on technology usage in Georgian households

The FINANCIAL — National Statistics Office of Georgia published data of indicators of using information and communication technologies (ICT) in households (2020.) According to the “Survey on Information and Communication Technologies Usage in Households” results of 2020, 83.8 percent of Georgian households

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FDI in Georgia amounted USD 237.8 million in Q2 2020

The FINANCIAL — National Statistics Office of Georgia published data of Foreign Direct Investments Q2. Foreign direct investments (FDI) in Georgia amounted to USD 237.8 million in Q2 2020 (preliminary data), up 0.5 percent from the adjusted data of Q2 2019. The top three countries

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4 mins read

Q2 results of enterprise activity in Georgia

The FINANCIAL — National Statistics Office of Georgia published data of Activities of Enterprises II Quarter, 2020. In the II quarter of 2020 compared to the same quarter of the previous year the volume of business sector turnover decreased by 11.5 percent and

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August 2020: Inflation rate in Georgia

The FINANCIAL — National Statistics Office of Georgia published data of Inflation rate in Georgia (August 2020). The Consumer Price Index decreased 0.02 percent compared to the previous month, while the annual inflation rate amounted to 4.8 percent. With regard to the annual

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Georgian economy contracted by 5.5 % in July 2020

The FINANCIAL — National Statistics Office of Georgia published data of rapid estimates of economic growth in Georgia (July 2020). Estimated real Gross Domestic Product (GDP) declined by 5.5 percent in July 2020 YoY and by 5.8 percent in the first seven months

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4 mins read