23
September
2024
Geostat has published its preliminary estimate of real GDP growth for July 2024, which stands at 13%. In addition, the estimated growth for the first and second quarters of 2024 reached 8.4% and 9.5%, respectively. As a result, the average real GDP growth from January to July 2024 was 9.7%.
02
September
2024
This joint initiative by ISET Policy Institute and Policy and Management Consulting Group, supported by the United Nations Development Programme (UNDP) and the European Union (EU), aims to boost Georgian SMEs' exports to European markets.
01
August
2024
In July, the Polarization Index saw another rise, marked by significant events such as the United States indefinitely postponing the "Worthy Partner 2024" military exercise, President Salome Zurabishvili returning a package of amendments related to the Pension Law to Parliament, and the President's appointment of a non-judge member to the Supreme Council of Justice, who the court later suspended. Conversely, the index experienced a decrease during periods of opposition party unification and notable performances by Georgian athletes in the Olympics.
28
July
2024
In July 2024, the average cost of cooking one standard portion of Imeretian khachapuri was 5.78 GEL, reflecting a 2.9% decrease compared to June 2024. On an annual basis, the price remained nearly unchanged, with a slight decline of 0.04% compared to July 2023.
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%.
