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Quarter 4, 2024 Macro Review | Georgia’s economic performance in Q4 2024: strong growth amidst stabilizing inflation and shifting external dynamics
28 February 2025

According to GeoStat’s preliminary estimates in the fourth quarter of 2024, Georgia’s nominal GDP reached GEL 25,309.6 million, with a year-over-year real GDP growth of 8.3% and a GDP deflator change of 4.0%. The economic expansion was largely driven by strong growth in several key sectors. The most notable increases were observed in Education (+36.2%), Information and communication (+29.7%), Human health and social work activities (23.6%), Mining and quarrying (22.5%).

February 2025 | The Khachapuri Index increases by 0.3%
28 February 2025

In February 2025, the average cost of cooking one standard portion of Imeretian khachapuri stood at 7.04 GEL, marking a 0.3% increase compared to the previous month. However, on a year-on-year basis, the price of khachapuri rose by 3% compared to February 2024.

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%.

January 2025 | Media (de)Polarization Index
03 February 2025

In January, several significant events marked Georgia's political landscape: journalist Mzia Amaghlobeli's arrest and subsequent hunger strike, an assault on Giorgi Gakharia, Donald Trump's inauguration, the European Union's suspension of visa-free travel for Georgian diplomatic passport holders, and Georgian Dream's withdrawal from the Parliamentary Assembly of the Council of Europe. Political polarization remained at high levels, showing no improvement from previous years.

January 2025 | Khachapuri Index drops by 0.2%
30 January 2025

In January 2025, the average monthly cost of preparing one standard portion of Imeretian khachapuri ranged from 6.71 GEL in Batumi to 7.94 GEL in Telavi, with an overall average of 7.02 GEL. This reflects a slight 0.2% decrease compared to December 2024. However, on a year-over-year basis, the current price is 6.1% higher than in January 2024.

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