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February 2025 | Georgia’s 2025 gdp outlook: growth amid trade gains, credit surges, and reserve pressures
20 February 2025

Geostat has published its preliminary estimate of real GDP growth for December 2024, which stands at 6.7%, while the average annual real GDP growth reached 9.5%.

How social assistance shapes election outcomes: the case of Georgia
27 January 2025

The relationship between social assistance programs and electoral outcomes has gathered significant attention in both academic and policy circles, especially in the last decade. Social assistance programs, designed to support vulnerable populations, often carry political implications, particularly in developing democracies where incumbent governments may leverage these programs to secure voter loyalty.

Gold, reserves, and turmoil: the politics behind Georgia’s currency stability
22 January 2025

or the past two years, Georgia has faced persistent political instability, driven by various legislative and electoral actions of the ruling party, ultimately resulting in a profound political crisis that has undermined the domestic and international legitimacy of the ruling party.

January 2025 | Georgia’s GDP forecast: trade growth, reserves decline, and lending expansion
22 January 2025

Geostat has published its preliminary estimate of real GDP growth for November 2024, which stands at 7.5%. 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 November 2024 reached 9.4%.

Is Georgia's foreign official reserves adequate to withstand political uncertainties?
17 January 2025

This note provides an overview of recent developments regarding Georgia’s foreign exchange Gross International Reserves (GIR), offers insights into some aspects of reserve adequacy, and central bank’s safeguards principles in the context of heightened political uncertainties. It appears that the GIR are likely inadequate to withstand prolonged political uncertainties. Furthermore, the National Bank of Georgia's (NBG) governance and regulatory frameworks are not presently equipped to counter these challenges.

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