Georgian citizens spent 112 million GEL abroad. Transaction via plastic cards are increased by 23% y-o-y (01/2017 – 91 million). Envisaging exchange rate effect, the growth is 34%. GEL is strengthened by 6% against USD y-o-y. Cash withdrawals from the ATMs amount to 11 million USD from 45 million USD …
Read More »Tag Archives: increased
Electricity Consumption has Increased to Georgian Manganese at the Historic Maximum
Electricity consumption is growing in Georgia. Domestic consumption increased 14.4% y/y in August 2017. According to G&T, consumption by eligible consumers, up 66.0% y/y, was a key driver, with Georgian Manganese doubling its consumption (+102.4% y/y) to 114.9GWh, a historic maximum for the company. It should be noted, that production …
Read More »Ferry Shipments Between Ukraine and Georgia Increased by 62.5%
Ferry shipment increased by 62.5% between Ukraine-Georgia, – administration of Ukraine’s Maritime Port publishes 6 months’ report. According to the agency, the railway-ferry line – Ilychevsky-Poti / Batumi transported 165, 6 thousand tons of cargo, which is 63.6 thousand tons i.e. which is more by 62.5% comparing to the same …
Read More »The Average Salary has been Increased with 82 GEL, -the Highest-paying and the Lowest-paying jobs in Georgia
Last year, the amount of average salary is Georgia equaled to 900 GEL, which is 82 GEL more compared to the 2014 index. According to the statistics, last year the highest-paying job was in the finance field as usual, the lowest-paying job was in the field of education. During the …
Read More »Asian Development Bank Increased Georgian Economic Growth Forecast
Asian Development Bank (ADB) improved Georgian economic growth forecast. According to the new report, the bank expects Georgian economic growth of 3% this year; the previous forecast has been 2, 5%. However, GDP growth forecast is grown from 3, 5% to 4% by the next year. In the same report, ADB …
Read More »Wine Export is Increased by 42 Percent in Georgia
Wine export keeps growing dynamic. According to National Wine Agency, as of August, 2016, 28 156 547 bottles (0,75 l) of wine are exported from Georgia to 46 countries, which exceeds by 42% comparing to the same period of the previous year. Total value of the exported wine amounts to 64,8 …
Read More »Travelers’ Stream of Georgian Airports is Increased by 21 % through 6 Months
Georgian airports have served 1 082 828 travelers in Q1, 2016, the growth totals to 21,3% y-o-y. According to Georgian Civil Aviation, increase has been fixed in three airports of Georgia. Namely, Tbilisi International Airport has served 893 222 travelers in 6 months, 2016 (+19,2%), Batumi International Airport – 92 682 …
Read More »Number of Visitors is Increased by 19.9% Through 6 Months
2 636 313 visitors were visiting Georgia through 6 months, the growth made up 12,9% compared to the previous year. Number of tourism visits is increased by 18,1%, which has constituted 1 011 680. International visits by the pace (January-June, 2016) Visit Type 2015: 6 months 2016: 6 months Change Change …
Read More »Bruno Balvanera: Investors’ Appetite is Increased on GEL
Bruno Balvanera, EBRD Regional Director has declared on rising trend of GEL through 8 weeks. However, he expects its maintenance. Bruno Balvanera noted with TV-company Maestro that local currency is strengthened by 2/5 through a month and half, which is important as it raises the trust. The result is clear …
Read More »In July 2015, Number of Real Estate Transaction Increased by 0.2%
According to the Civil Registry Agency, in July 2015 the number of real estate transactions increased 0.2% in comparison with the same period of 2014 and amounted to 49 203. The current figure is higher than in previous years – so, in July 2011 the number of transactions totaled 39 …
Read More »