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February 2024 | Currency gains, trade contraction, and remittance normalization: key drivers of Georgia's revised 2024 GDP forecast
26 February 2024

Geostat has released its rapid estimate of real GDP growth for December 2023. The estimated growth stands at 8.3%, while the average annual real GDP growth reached 7%.

January 2024 | Electricity Market Review
26 February 2024

In January 2024, Georgian power plants generated 1,175 mln. kWh of electricity. This represents a 6% increase in the total generation compared to the previous year (in January 2023, the total generation was 1,111 mln. kWh).

Identifying sectors with high growth and export potential
01 February 2024

The "Inclusive Access to Markets" (IA2M) project aims to enhance the competitiveness of Georgian SMEs in EU and European markets. Under this initiative, UNDP commissioned the ISET Policy Institute to conduct a study to identify sectors with high growth and export potential. The objective of the study is to analyze existing research materials and data to identify at least six promising sectors or subsectors.

January 2024 | Analyzing economic trends in Georgia: moderate growth in foreign currency deposits, annual decline in exports, remittances adjust for migration impact, below-target inflation
29 January 2024

Geostat has released its rapid estimate of real GDP growth for November 2023. The estimated growth stands at 5.9%, while the average real GDP growth for January-November 2023 reached 6.9%.

December 2023 | Electricity Market Review – Annual
22 January 2024

In 2023, Georgian power plants generated 14,396 mln. kWh of electricity, record high generation for a single year. This represents a 1% increase in total generation, compared to the previous year (in 2022, total generation was 14,247 mln. kWh). The increase in generation on a yearly basis comes from the increase in hydropower generation (1%) and thermal power (2%), while wind power generation decreased (-2%).

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