10
January
2025
Apple production is mainly concentrated in the Shida Kartli region, which accounted for 71% of total production in 2023; beyond which, Mtskheta-Mtianeti contributed 8.5%, while Kvemo Kartli accounted for 7.3%.
08
January
2025
According to GeoStat’s preliminary estimates in the second quarter of 2024, Georgia’s nominal GDP reached GEL 24,855.7 million, with a year-over-year real GDP growth of 11.0% and a GDP deflator change of 4.3%. The growth was driven by significant increases in value-added across various sectors: Education activities rose by 35.6%, Information and communication rose by 32.8%, Construction by 30.9%, Financial and insurance activities by 22.9%, Public administration and defense, including social security by 14.7% and Wholesale and retail trade, including repair of motor vehicles and motorcycles by 11%. Conversely, there was a decline in value-added in electricity, gas, steam, and air conditioning supply by 13.6% and in Real estate activities by 4.9%.
31
December
2024
Following the announcement of suspending EU integration, the level of polarization escalated rapidly, reaching its highest point in recent periods, which was maintained at the beginning of December. Traditionally, the polarization index decreases toward the end of the year as political activity subsides with the approach of the New Year. However, despite a slight decline, the polarization level at the end of the current year remained significantly higher than in the same period of previous years.
30
December
2024
In December 2024, the average cost of preparing one standard Imeretian khachapuri rose to 7.03 GEL, marking a 3.8% increase compared to November 2024 and a notable 8.4% rise compared to December 2023.
20
December
2024
Geostat has published its preliminary estimate of real GDP growth for October 2024, which stands at 11%. In addition, the estimated growth for the first, second, and third quarters of 2024 reached 8.7%, 9.7%, and 11%, respectively. Consequently, the average real GDP growth from January to October 2024 reached 10%.
