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The cost of deteriorated business confidence: how political uncertainty threatens Georgian economy
24 February 2025

This policy brief examines the role of business confidence as a predictor of economic development. It focuses on the impact of recent political instability and economic uncertainty, drawing insights from both Georgian data and international experience.

Business Confidence Index: (No) business confidence
24 January 2025

For the first quarter of 2025, business confidence in Georgia decreased (by 8.8 index points) and reached -5.0. The highest decrease in business confidence is observed in the service (-21.5) sector. The negative change in BCI for Q1 2025 was driven by decreased past performance as well as pessimistic expectations.

How Georgia's political crisis is shaking its business landscape
14 January 2025

The political and social turmoil surrounding the 26 October parliamentary elections and their aftermath have significant implications for Georgia's business environment. The prolonged polarization, government-led violence against protesters, and the suspension of EU accession talks create uncertainty that can negatively influence the economic climate in multiple ways.

PMCG and ISET Policy Institute hosted validation workshop on SME export growth study
14 November 2024

PMCG and ISET Policy Institute organized a validation workshop for their joint research project "Sub-sector/Value Chain Analysis for Georgian SME Export Growth." The event took place on November 14, 2024, at the Courtyard by Marriott in Tbilisi.

Business Confidence Index: Pessimistic private sector
25 October 2024

For the fourth quarter of 2024, business confidence in Georgia decreased (by 9.7 index points) and reached 3.8. The highest decrease in business confidence is observed in the finance (-22.1) sector. The negative change in BCI for Q4 2024 was driven by decreased past performance as well as less optimistic expectations.

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