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June 2024 | Resilient GDP growth forecast despite trade and remittance challenges in April
24 June 2024

Geostat has published its preliminary estimate of real GDP growth for April 2024, which stands at 11.8%. In addition, the estimated growth for the first quarter of 2024 reached 7.8%.

May 2024 | Khachapuri Index's downward trend continues
28 May 2024

The average cost of cooking one standard portion of Imeretian khachapuri was 5.83 GEL in May 2024. Continuing the month-on-month downward trend, the price of khachapuri fell by 6.5% compared to April 2024.

May 2024 | Economic growth stays strong despite risks: export/import drops, remittance challenges, and low inflation
24 May 2024

Geostat has published its preliminary estimate of real GDP growth for March 2024, which stands at 8.2%. In addition, the estimated growth for the first quarter of 2024 reached 7.8%.

April 2024 | Khachapuri Index marks its second consecutive monthly decline
30 April 2024

In April 2024, the average cost of cooking one standard portion of Imeretian khachapuri stood at 6.24 GEL, marking a 4.0% increase from April 2023. However, on a month-to-month basis, the price of a single khachapuri decreased by -2.4% compared to March 2024.

April 2024 | National and foreign currency deposits, merchandise trade, and remittances: key drivers of Georgia's April 2024 GDP forecast
25 April 2024

Due to a recent update in Geostat's GDP calculation methodology in December, revised growth rates show an upward trend compared to the previous month's figures. Consequently, our forecast for GDP growth has been adjusted upwards to reflect this change.

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