06
March
2023
In January 2023, Georgian power plants generated 1,111 mln. kWh of electricity. This represents an 8% increase in the total generation compared to the previous year (in January 2022, the total generation was 1,025 mln. kWh).
28
February
2023
On 28 February 2023, ISET hosted Ivailo Izvorski, World Bank’s Chief Economist for Europe and Central Asia, who delivered a seminar on 'Education and innovation for growth'. The seminar was well-attended by members of the academic community, researchers, and students. Izvorski discussed the important role that education and innovation play in promoting economic growth and development, as well as the opportunities and challenges of modern education systems.
28
February
2023
According to Geostat's report titled “Tendency of Economic Growth, Indicators of Monthly Economic Statistics”, the real GDP growth in the fourth quarter of 2022 is estimated to be 9.5%, which has contributed to an overall annual real GDP growth of 10.1% in 2022.
09
January
2023
In November 2022, Georgian power plants generated 1,131 mln. kWh of electricity. This represents a 5% decrease in the total generation compared to the previous year (in November 2021, the total generation was 1,186 mln. kWh).
26
December
2022
Hazelnuts are one of the most important crops for Georgia in terms of export: between 2010-2021, they accounted for around 4.4% of total exports (GeoStat, 2022). In 2013, the quantity of exported hazelnuts reached its maximum level (30 ths. tons), in the following years, it then decreased to 19 ths. tons alongside an increase in value, thus indicating higher prices per exported kg of Georgian hazelnut.
