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Tag Archives: Geostat

Branding Strategies in Georgia

Branding Strategies international conference took place on October 27-28 in Tbilisi, event was organized by Sakpatenti, the National Intellectual Property Center of Georgia, and the World Intellectual Property Organization. I was lucky enough to make my own presentation there and became completely convinced that it was an extremely important event for Georgian …

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Economic Growth Marked 1.5% in September

Georgian economy grew by 1.5% in September 2016, according to early report by Geostat, the national statistics service of Georgia. In January to September the averaged economic growth made up 2.6%, while economic upturn in 3Q16 made up 2.2%, the Geostat early report reads. The Georgian Authorities expects 3-3.5% growth …

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Demand for Georgian Gold Grows by 37% on Exports Markets

Demand for Georgian Gold Grows by 37% on Exports Markets

On exports markets the demand for Georgian gold is growing. Over the past year exports of unprocessed or semi-processed gold has increased by 37.2%. According to Geostat, the national statistics service of Georgia, in January-July 2013  unprocessed or semi-processed gold worth 55.3 million USD was exported to foreign markets, up …

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Production Price Index Declined by 3.4% in August

tb market

In August the production price index decreased by 3.4%, but increased by 0.04% compared to July 2016. According to Geostat, the national statistics service of Georgia, in August 2016, compared to July 2015, prices in the processing industry sector increased by 0.2% and the sector’s ratio in total index made …

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92.7% of Population Use Internet for Communication in Social Networks

92.7% of Population Use Internet for Communication in Social Networks

92.7% of population mainly apply the Internet for social networks. The respective information was published by Geostat, the national statistics service of Georgia. According to the June report, access to new information (64.7%), reading and sending emails (58.5%), audio-video connection via Internet (55.5%) are main factors for use the Internet. …

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Finance Sector Records Highest Salaries, Agriculture Sector – Lowest

Finance Sector Records Highest Salaries, Agriculture Sector – Lowest

The finance sector maintains leading positions in terms of highest salaries, as well as the housing and state sectors, the report published by Geostat, the national service of statistics, reads. The report covers averaged salaries statistics in the second quarter. According to Geostat, averaged monthly salaries made up 973 GEL …

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Average Salary in Business Sector Is 978 Georgian Laris

In the second quarter of 2016 the averaged monthly salary in the business sector made up 978.1 GEL,including women salaries rose to 727.5 GEL. The averaged monthly salaries due to the size of enterprises are as follows: Major business – 1148.0 GEL Medium business – 783.0 GEL Small business – …

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Minimum Subsistence Level Decreased in July 2016

Minimum Subsistence Level Decreased in July 2016

In July 2016, the subsistence minimum decreased in Georgia and it amounted to 156 GEL and 60 Tetri for working age male. For average consumer subsistence minimum level defined with the amount of 138 GEL and 70 Tetri. Based on the Statics Office of Georgia, minimum subsistence level amounted to …

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2481 Construction Licenses Issued in Tbilisi in 2016

In January-June 2016, a total of 1334 new buildings were constructed in Georgia, including 416 ones are located in Tbilisi. According to Geostat, the national statistics service of Georgia, residential buildings rank first in total quantity of new facilities, i.e. 708 ones. The quantity of commercial facilities is 201, industrial …

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Georgian Economy Grew by 2.1% In May 2016

According to preliminary estimates, the real GDP growth rate made up 2.1% in May 2016, while the average real growth of the first five months amounted to 2.9% compared with the same period last year. According to the information provided by Geostat, exports of goods (FOB) decreased by 11% in January-May …

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Geostat Publishes Rapid Estimates of Georgian Economic Growth

Geostat Publishes Rapid Estimates of Georgian Economic Growth

The estimated real GDP average growth equaled 2.9 percent for the first five months of 2016 y-o-y. Geostat produces monthly rapid estimations of real GDP growth using administrative data on VAT taxpayers’ turnover, fiscal and monetary statistics. The compilation of rapid estimates is an internationally adopted practice to obtain preliminary monthly …

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Medications Top List of Georgia’s Major Import Items

In January-May 2016 medications ranked first in the list of Georgia’s major imports items with 748 million USD imports and 23% ratio in total portfolio. Oil and oil products rank second with 186 million USD imports and 6% ratio, according to the Geostat report. Motorcars rank third with 178 million USD …

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