Sarke3h
IN 2024, GEORGIA’S AVERAGE RATE OF REAL ECONOMIC GROWTH MADE UP 9.5%
In December 2024, compared to the corresponding period of 2023, Georgia’s real GDP growth made up 6.7%, Sakstat reported (estimation). In 2024, the average rate of real GDP growth made up 9.5%, ...
Sarke3h
IN 2024, TBILISI ACCOUNTED FOR 63.7% OF BANK LOANS, ISSUED IN NATIONAL CURRENCY
In total loans, issued by Georgian banks in national currency as of end of 2024 (35.3 billion lari, including overdue loans), Tbilisi accounted for 63.7% against of 62.4% at the end of 2023.
Sarke3h
IN 2024, TBILISI ACCOUNTED FOR 83.6% OF BANK LOANS, ISSUED IN FOREIGN CURRENCY
In total loans, issued by Georgian banks in foreign currency as of end of 2024 (equivalent of 25.92 billion lari, including overdue loans), Tbilisi accounted for 83.6% against of 81.8% at the end of ...
Sarke3h
GEORGIAN COMPETITION AGENCY APPROVED CONCENTRATIONS IN RETAIL TRADE AND DISTRIBUTION OF ALCOHOLIC BEVERAGES AND FMCG
Georgian Competition and Consumer Protection Agency declared about consent issued to concentrations to be carried out at the level of retail trade and distribution in the market of alcoholic beverages ...
Sarke3h
INTERNATIONAL-CLASS ICE ARENA OPENED IN TBILISI
Today, an ice arena meeting international standards was opened in Tbilisi, having ice field 60*30 m and capable to host up to 700 spectators. The ice arena is designed for competitions in hockey, ...
Sarke3h
ISET INDEX: GEORGIAN BUSINESS HAS NEGATIVE MOOD
The Business Confidence Index (BCI) in the 1 st quarter decreased by 8.8 points compared to the 4 th quarter of 2024 and made up negative 5, said the International School of Economics at Tbilisi State ...
Sarke3h
NBG HELD MEETING WITH IMF MISSION
On January 30, the National Bank of Georgia (NBG) held a meeting with representatives of IMF mission. The meeting scoped consideration of main macroeconomic trends and forecasts, NBG said, noting that ...
Sarke1d
IN 2024, NON-RESIDENT TRAVELERS’ EXPENSES IN GEORGIA INCREASED BY 10.3% Y-O-Y
In 2024, the expenses in Georgia of non-resident travelers totaled to 14.3 billion lari, increasing by 10.3% year-on-year, Sakstat reported. Average expenses per visit amounted to 2,211 lari, ...
Sarke1d
GEORGIA’S PREMIER: NON-PARTICIPATION IN THE WORK OF PACE IS NOT A BIG DEAL FOR US
NON-PARTICIPATION IN THE WORK OF PACE IS NOT A BIG DEAL FOR US. Year by year, the Parliamentary Assembly of the Council of Europe (PACE) loses its meaning, fu ...
Sarke1d
“COLLIERS GEORGIA”: IN 2024, SIZE OF RESIDENTIAL APARTMENT MARKET IN BATUMI GREW BY 6%
In 2023, size of residential apartment market in Batumi amounted to $778 million, increasing by 6% year-on-year, Colliers Georgia reported. In the reporting year, there were 15,034 transactions on ...
Sarke1d
“SAKSTAT”: IN 2024, 53.1% OF NON-RESIDENT VISITORS WERE VERY PLEASED WITH VISIT TO GEORGIA
In 2024, 53.1% of non-resident visitors were very pleased with their visit to Georgia, Sakstat reported. 40.5% were satisfied; 5% – neither satisfied nor dissatisfied, 0.7% – dissatisfied. Full text ...