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December 2021 GDP Forecast | Poised to see a nearly 10% GDP growth in 2021, Georgia still struggles with inflation, stagnant consumer confidence and slow tourism recovery
16 December 2021

Recently, Geostat released its preliminary estimate of real GDP growth for the first and second quarters of 2021. The Q1 and Q2 growth rates were revised upward to -4.1% (by 0.4 ppt) and downward to 28.9% (by 1 ppt) respectively. The real GDP growth rate amounted to 6.9% year-on-year for October 2021. Consequently, the estimated real GDP growth for the first ten months of 2021 was 10.5%.

ISET Director sits on the RECONOMY program Advisory Board for Western Balkan and Eastern Partnership countries
10 December 2021

RECONOMY is a 7-year program for the Western Balkans and Eastern Partnership that focuses on enabling women and young people, in particular, excluded and disadvantaged groups, to benefit from economic opportunities by inclusively and sustainably increasing their income and finding decent jobs. Its aims also include education & skills, policies & regulations, and business & financial services.

ISET’s Director moderates session on the role of think-tanks on the 5th CAREC Think Tank Development Forum
24 November 2021

ISET Policy Institute is an active member of the CAREC Think Tank Network. This year, the fifth CAREC Think Tank Development Forum, held on November 23-24, gathered leaders from the CAREC Institute, Asian Development Bank, other international organizations, leading regional think tanks, experts, alongside various academics to discuss economic corridors as drivers of fiscal growth and regional integration.

November 2021 GDP Forecast | Georgian economic growth in 2021 driven mainly by the recovering external sector
15 November 2021

According to Geostat’s updated estimate, Q3 2021 growth rate stands at 9%. As a result, the real GDP growth estimate for the first nine months of 2021 is 11.3%.

Quarter 2 2021, Macro Review | Mixed blessings of recovery: what does Georgia’s best quarter since the pandemic tell us?
11 October 2021

The global economy continues to recover in Q2 2021 following the deep economic crisis caused by the COVID-19 pandemic in 2020. The growth accelerated as a result of the easing of virus-containment restrictions in most countries. IMF (July 2021) estimates that global GDP growth will reach 6% year over year (y/y) in 2021. Though this rebound is uneven – compared to the previous estimates (April 2021), growth projections for emerging markets and developing economies are revised downward.

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