Due to a recent update in Geostat's GDP calculation methodology in December, revised growth rates show an upward trend compared to the previous month's figures. Consequently, our forecast for GDP growth has been adjusted upwards to reflect this change.

Geostat has released its rapid estimate of real GDP growth for November 2023. The estimated growth stands at 5.9%, while the average real GDP growth for January-November 2023 reached 6.9%.

Geostat has released its rapid estimate of real GDP growth for October 2023. The estimated growth stands at 6.2%, while the average real GDP growth for January- October 2023 reached 6.9%.

The term “dollarization”, commonly used among academic economists and finance specialists, has already entered Georgians’ everyday vocabulary. Few people, however, understand what dollarization is, how it comes about and why they should care. Below we try to fill this gap, explaining some basic concepts and discussing why and how dollarization affects ordinary people’s lives.

Since the foundation of the ISET, it has had a strong relationship with the Asian Development Bank (ADB). The ADB and ISET have further strengthened their relationship by signing a Memorandum of Agreement, specifically between the ADB and the ISET Library, under the ADB's Depository Library Program.