ISET

Georgia’s Trade in 2014: Does Export Decline Suggest a Loss of Competitiveness?

23 January 2015

According to the latest GEOSTAT figures, merchandize exports from Georgia decreased by 1.63% between 2013 and 2014. This is certainly not great news for the country, but does it imply that Georgian goods have become less competitive on the world market? Recent trade data suggest that this is not necessarily the case.

January 2015 GDP Forecast | High hopes for robust growth continue despite a difficult November

08 January 2015

Based on the November data, the growth forecast for the last quarter of 2014 was revised upward from 3.6% to 3.9%. The second forecast for the first quarter of 2015 increased from the initial 3.2% to 3.7%.

November 2014 GDP Forecast | Forecast for growth rates predicted for the second half of the year improved but still low

11 November 2014

Based on the data from September, we have made the sixth update of the Q3 forecast. The Q3 growth forecast was revised upward from 2.2% to 4.1%. The third forecast for the last quarter of 2014 revised up from 0.4% to 1.1%

October 2014 GDP Forecast | Predicted growth rates continue to fall

11 October 2014

Based on the data from August, the fifth update of the Q3 growth forecast was yet again revised downward from 3.7% to 2.2%. The second update of the growth forecast for the last quarter of 2014 was also revised from 1.7% down to 0.4%.

September 2014 GDP Forecast | Alarming fall of growth rates

11 September 2014

Based on July data we made the 4th update of the Q3 forecast, and it was revised down from -7.6%, down to 3.7%. We also begin to forecast the last quarter of 2014, the forecast is not promising, it is just 1.7%.