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Tag Archives: Geostat

The Effect of Kvirikashvili Brings Effective Results

The Effect of Kvirikashvili Brings Effective Results

First Quarter Saw 10 Years’ Best Economic Indicators. Geostat, the national statistics service of Georgia, has published the macroeconomic indicators of the first quarter of 2016. The report shows that the country has seen similar positive figures for the first time since 2007-2008, when GDP growth was recording 9-12%. According …

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Rapid Estimates of Economic Growth April 2016

Rapid Estimates of Economic Growth April 2016

The estimated real Gross Domestic Product (GDP) growth rate amounted to 4.3 percent y-o-y in April 2016. The estimated real GDP average growth equaled 2.3 percent for Q1 2016 and 2.8 percent for the first four months of 2016 y-o-y. Geostat produces monthly rapid estimations of real GDP growth using …

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Georgian Economic Growth Marked 2.3% in First Quarter

Tbilisi market economic growth

According to the early report of Geostat, the national statistics service of Georgia, the state economy increased by 2.3% in in the first quarter of 2016. As to the month of March, the economic growth rate geared up by 3.4% year on year. In January the economy grew by 0.8%, …

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Georgia’s Population Reaches 3 720 804

Georgia

Georgia’s population reaches 3 720 804. From which 1,779 million is man and 1,940 million woman. According to Geostat, 337 000 people live in Ajara region, 113 000 in Guria, 532 000 in Imereti, Kakheti- 318 000, Mtskheta 94 000, Racha-Lechkhumi, Lower Svaneti 31 000, Samegrelo, upper Svaneti 329 000, Samtskhe-Javakheti- 160 000, Kvemo-Kartli 426 000 …

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Most of the Foreign Students in Georgia Come from Azerbaijan

Most of the Foreign Students in Georgia Come from Azerbaijan

It was found that the influx of Azerbaijan students studying at Georgian Institutions of higher learning is the largest contingent of foreign students in Georgia compared to other nations. From international students the most portion comes from Azerbaijan. Totally there were 6643 foreign students in 2015-2016 academic years. From them …

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Rapid Estimates of Economic Growth, February 2016

Rapid Estimates of Economic Growth, February 2016

The estimated real Gross Domestic Product (GDP) growth rate amounted to 2.6 percent y-o-y in February 2016. The estimated real GDP average growth equaled 1.7 percent for January-February 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 …

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Ireland Emerges as Georgia’s Major Trade Partner

Ireland

Ireland has replaced Turkey to be Georgia’s number one trade partner with a 14.8% ratio valued at 209 million USD. In January-February 2016 the ratio of ten major trade partners in total foreign trade turnover made up 69%. Turkey ranks second in the rating with 199 million USD. Russia is …

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Georgia’s GDP per Capita Marked 2 355 GEL in Q4

Georgian money

The GDP per capita in the fourth quarter of 2015 made up 982.4 USD (2 355 GEL), while the figure marked 1 001 USD (1 808 GEL) in the same period of 2014, according to Geostat, the national statistics service of Georgia. Georgia’s economy rose 2.9% in the fourth quarter …

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Georgia-EU Trade Is Up By 38%: Report Shows

EU trade

In 2016, export from Georgia to the EU has diminished, as well as the CIS countries. According to Geostat, foreign trade turnover with the EU has made up 532 million dollars during the first 2 months of this year, which is 38% more, compared to the same period of last year. …

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What are Georgia’s Highest and Lowest Paid Jobs?

teacher in georgia

The average monthly salary is the highest in the financial sector and the lowest in the education field  throughout Georgia. Generally, in the fourth quarter of last year, the average monthly wage of a person who is employed in the financial sector amounted 1548 GEL while it was 541 GEL in …

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