22
July
2024
Geostat has published its preliminary estimate of real GDP growth for May 2024, which stands at 9.2%. In addition, the estimated growth for the first quarter of 2024 reached 8.4%, which is 0.6 ppt higher than the previous estimate. As a result, the average real GDP growth for January - May 2024 reached 9.3%.
28
June
2024
According to GeoStat’s preliminary estimates in the first quarter of 2024, Georgia’s nominal GDP reached GEL 18,913.2 million, with a year-over-year real GDP growth of 8.4% and a GDP deflator change of 3.1%. The growth was driven by significant increases in value-added across various sectors: Real estate activities rose by 18.8%, Education by 29.1%, Public administration and defence, including social security, by 13.0%, Construction by 10.3%, Information and communication by 12.2%, and Transportation and storage by 9.7%.
01
May
2024
On May 1 ReforMeter and the USAID Economic Governance Program hosted a public-private dialogue to discuss the progress of tourism reform with local stakeholders in Ambrolauri, Racha, Georgia.
25
September
2023
On 25 September ReforMeter, the USAID Economic Governance Program, and the Georgian Tourism Industry Alliance jointly hosted a public-private dialogue to discuss the progress of tourism reform with local stakeholders in Kutaisi, Georgia.
01
August
2023
The Tourism Reform incorporates the amendments envisioned by the Tourism Draft Law, which was initiated by the Parliament of Georgia. In addition, it encompasses planned changes in the tax benefits system for agritourism and wine tourism service providers.
