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October 2023 | Balancing acts: Georgia's trade deficit shrinks, remittances wane, and inflation holds steady, while consumer credit and money supply surge
23 October 2023

Geostat has released its rapid estimate of real GDP growth for August 2023. The estimated growth stands at 5.8%, while the average real GDP growth for January- August 2023 reached 7%.

Quarter 2, 2023 Macro Review | Annual economic review: unpacking the slower GDP growth, inflation stability, and changing the FX stream dynamics
23 October 2023

Global economic growth is anticipated to decrease from 3.5 percent in 2022 to 3.0 percent in both 2023 and 2024. In comparison to the April 2023 World Economic Outlook (WEO) projections, there has been a modest 0.2 percentage point improvement in the growth forecast for 2023, while the 2024 projection remains unchanged.

September 2023 | Georgia’s growth forecast soars on exchange rate appreciation and remittance data
25 September 2023

Geostat has released its rapid estimate of real GDP growth for July 2023. The estimated growth stands at 5.5%, while the average real GDP growth for January-July 2023 reached 7.2%.

April 2023 | Business and consumer confidence indicators diverge, reflecting uncertainty facing the Georgian economy
01 May 2023

Geostat has released its rapid estimate of real GDP growth for February 2023. The estimated growth stands at 5.8%, while the average real GDP growth for January-February 2023 reached 7.1%.

March 2023 | Money transfers from Russia grew by more than thousand percent over the year, driving significant appreciation of the Lari
27 March 2023

As a result of the update, the growth forecast for Q1 of 2023 was reduced by 0.1 percentage points to 2.6%. ISET PI’s second forecast for Q2 of 2023 puts GDP growth at a positive 1.6%.

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