Over the past decade, Georgia has experienced a notable increase in total exports, rising from approximately 2.86 billion USD in 2014 to over 6.55 billion USD in 2024. This represents a more than twofold increase, reflecting broader growth in the country's export sector.

In January, several significant events marked Georgia's political landscape: journalist Mzia Amaghlobeli's arrest and subsequent hunger strike, an assault on Giorgi Gakharia, Donald Trump's inauguration, the European Union's suspension of visa-free travel for Georgian diplomatic passport holders, and Georgian Dream's withdrawal from the Parliamentary Assembly of the Council of Europe. Political polarization remained at high levels, showing no improvement from previous years.

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.

According to GeoStat’s preliminary estimates in the second quarter of 2024, Georgia’s nominal GDP reached GEL 22,101.7 million, with a year-over-year real GDP growth of 9.6% and a GDP deflator change of 2.5%. The growth was driven by significant increases in value-added across various sectors: Accommodation and food service activities rose by 35.7%, Education by 21.3%, household activities as employers and producers of goods and services for personal use by 17.3%, Transportation and storage by 16.1%, Public administration and defense, including social security, by 13.3%, and Construction by 13%.

This joint initiative by ISET Policy Institute and Policy and Management Consulting Group, supported by the United Nations Development Programme (UNDP) and the European Union (EU), aims to boost Georgian SMEs' exports to European markets.