22
July
2024
Geostat has published its preliminary estimate of real GDP growth for May 2024, which stands at 9.2%. In addition, the estimated growth for the first quarter of 2024 reached 8.4%, which is 0.6 ppt higher than the previous estimate. As a result, the average real GDP growth for January - May 2024 reached 9.3%.
28
June
2024
In June 2024, the National Statistics Office of Georgia issued its annual publication on the agricultural sector – Agriculture of Georgia 2023. The publication estimates that agriculture, forestry, and fishing comprised 6.9% of the GDP in 2023, which is slightly lower than in previous years, but in line with general trends over the last few years (agricultural GDP being 7-8% of GDP on average).
28
June
2024
According to GeoStat’s preliminary estimates in the first quarter of 2024, Georgia’s nominal GDP reached GEL 18,913.2 million, with a year-over-year real GDP growth of 8.4% and a GDP deflator change of 3.1%. The growth was driven by significant increases in value-added across various sectors: Real estate activities rose by 18.8%, Education by 29.1%, Public administration and defence, including social security, by 13.0%, Construction by 10.3%, Information and communication by 12.2%, and Transportation and storage by 9.7%.
28
June
2024
In June 2024, the average cost of cooking one standard portion of Imeretian khachapuri stood at 6 GEL. After three months of a declining trend, the index increased by 2.9% compared to May 2024. On an annual basis, the average price is 6.8% higher than in June 2023.
03
June
2024
The project aims to raise awareness and boost participation in the democratic process, fostering a strong and inclusive understanding of the benefits of EU integration for all age and ethnic groups in Georgia. Our goal is to communicate the tangible advantages of democracy and the EU path to Georgian youth and regional populations. Utilizing social media, we share compelling evidence highlighting the benefits of a European future for Georgia. The campaign is inclusive, with content available in Armenian and Azeri to reach minority groups.
