On July 22, the Parliament of Georgia approved the amendments to the 2021 state budget. According to the changes GEL 1.1 billion (USD 354 million,) increased budget expenditures.
The basis for th...
IMF in Georgia - Staff Concluding Statement of the 2021 Article IV Mission:
The recovery has recently gained impressive momentum. Monthly estimates suggest a strong rebound in the second quarter of 2...
In January-June 2021 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 6 209.7 million, 20.7 percent higher to the same period of 2020. The exports equaled USD 1...
Estimated real Gross Domestic Product (GDP) growth rate in April 2021 equaled 44.8 percent YoY and 8.1 percent in January-April of 2021 YoY.
In April 2021 the estimated real growth compared to th...
In January-April 2021 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 3 928.7 million, 12.8 percent higher to the same period of 2020. The exports equaled USD ...
The estimated real Gross Domestic Product (GDP) growth rate in April 2021 equaled 44.8 percent YoY and 8.1 percent in January-April of 2021 YoY.
In May 2021 the estimated real growth compared to the ...
In 2020 the average monthly incomes (cash and non-cash inflows) of the population in Georgia amounted to 1 194.6 million GEL, which is 4.5 percent decrease compared to 2019.
According to the survey d...
Estimated real Gross Domestic Product (GDP) growth rate in March 2021 equaled 4.0 percent YoY and average real GDP declined by 4.2 percent in first quarter of 2021 YoY.
In March 2021 the estimated re...
In January-May 2021 the exports of Georgia (excluding non-declared exports) equaled USD 1 538.2 million, 24.4 percent higher year-on-year. Share of the domestic exports in total export constituted 73....
In the I quarter of 2021, the unemployment rate in Georgia increased by 3.7 percentage points compared to the corresponding period of the previous year and equaled 21.9 percent.
In the I quarter of 2...
Georgian Finance Minister Lasha Khutsishvili announced that Georgia has issued USD 500 million of Eurobonds with a five-year maturity on the London Stock Exchange, three days after repaying its ten-...
External Merchandise Trade (excluding non-declared trade) of Georgia amounted to USD 5 019.4 million in January-May 2021, 18.2 percent higher year-on-year. The value of export increased by 24.4 percen...
In April 2021, the volume of money transfers from abroad constituted 194.1 million USD (666.9 million GEL), which is 145.4% (115.0 million USD) more than the amount in April 2020. 94.9...
- The completion of the eighth review concludes the EFF supported program which has helped strengthen the economy’s resilience to shocks, as underscored by Georgia’s ability to successfully naviga...