20
March
2025
Economic development of the municipalities (outside capital) is one of the key sustainable development challenges in Georgia. The capital city of Tbilisi, while accounting for nearly 1/3 of the country’s population generates 50% of GDP and keeps expanding, whereas the municipalities, with few exceptions, are losing population and suffering from high incidence of poverty, unemployment, and slow and weak economic development.
03
March
2025
The Media Polarization Index remained high in February, influenced by restrictive laws that suppress demonstrations, controversial regulations affecting the media, and a Foreign Agents Registration Act-like (FARA) law. In addition, significant events such as a major tragedy in Batumi, heavy snowfall in Guria, and developments in Trump's foreign policy contributed to the polarized environment.
28
February
2025
In February 2025, the average cost of cooking one standard portion of Imeretian khachapuri stood at 7.04 GEL, marking a 0.3% increase compared to the previous month. However, on a year-on-year basis, the price of khachapuri rose by 3% compared to February 2024.
28
February
2025
According to GeoStat’s preliminary estimates in the fourth quarter of 2024, Georgia’s nominal GDP reached GEL 25,309.6 million, with a year-over-year real GDP growth of 8.3% and a GDP deflator change of 4.0%. The economic expansion was largely driven by strong growth in several key sectors. The most notable increases were observed in Education (+36.2%), Information and communication (+29.7%), Human health and social work activities (23.6%), Mining and quarrying (22.5%).
24
February
2025
Giorgi Papava, Lead Economist and Practice Head for private sector development policy at ISET Policy Institute, represented Georgia at the prestigious International Scientific Conference "Distributed Profit Taxation – Polish and worldwide perspective" on December 9, 2024, at the SGH Warsaw School of Economics in Poland.
