National Statistics Office of Georgia (Geostat) published new report on inbound tourism statistics in Georgia. According to the report, 498 000 visitors entered Georgia with the purpose of shopping. This indicator constitutes to 6.9% of overall number of visits by international non-resident travellers. Geostat reports that the visitors have spent …
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Number of Hotels in Georgia -Statistics
According to declared indicators, a total of 1496 economic entities provided hotel services in 2017, which owned 1595 hotels and hotel-style facilities. According to Geostat, national statistics service of Georgia, a total of 66 900 hotel beds were registered in Georgia in 30 700 suites, including luxury apartments (9.9%), one-bed suite – …
Read More »Georgian Economy Saw 7.5% Growth in May
According to preliminary estimations by Geostat, national statistics service of Georgia, in May 2018 Georgian economy grew by 7.5% and this is one of the highest figures under the ruling of Georgian Dream. According to Geostat, in January-May the economic growth constituted 6.1%, up 1.6% compared to the government’s forecast …
Read More »The Current Cost of Living Index is Deceptive
The cost of living index is one of the key parameters reflecting the social-economic development of a country. Research and analysis of the cost of living is relevant for both developing and developed economies. According to Geostat, the national statistics service of Georgia, the cost of living for an able-bodied …
Read More »Galt & Taggart announces Georgia’s Economic Growth by 4.6%
Real GDP grew 4.6% y/y in June 2017 Georgia’s economy expanded 4.6% y/y in June 2017, after growing 5.3% y/y in previous month, according to GeoStat’s rapid estimates. Overall, in 1H17 GDP growth was 4.5% y/y. Monthly rapid estimates are based on VAT turnover, fiscal and monetary statistics. Tourist arrivals …
Read More »Social Surveys Detect more Unemployed than Official Statistics in Georgia
Over the past years unemployment remains a major challenge in Georgia. According to social surveys, unemployment problem has long surpassed such important issues as territorial integrity or a hike in prices. According to the 2015 official indicators, unemployment index in Georgia is 12%, however, social surveys show that more than …
Read More »An Average Tourist Spends 1059 GEL in 3 Days in Achara
Tourist Department of Achara published the research about foreign visitors in Achara in April-June in 2016. According to the data, 909 visitors were interviewed at the border before they left the country. The research revealed that in April-June period most of foreign tourists (45.4%) visited Achara with their friends and …
Read More »Alcohol and Tobacco Consumption Statistics and Gambling Problem among Georgian Teens
European Education Center for alcohol, tobacco and other drugs has fulfilled a research. According to the results, the mostly consumed alcohol among Georgian teenagers is wine 40%, beer 36%, Spirt drinks 305 and Alco pop 14%. The head of non-contagious illnesses department, Lela Sturua talked about the tendencies in Georgia, …
Read More »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 …
Read More »The number of Tourists in Achara Increased by 11,34%
According to the 8 months statistics in 2016, the number of tourists in Achara rose by 11,34%, which amounted 227,342 tourists in the region. The statistics are based on the information that has been revealed by Tourism Department in Achara. The amount of visitors has increased as well. According to …
Read More »The Expected Volume Indicator of National Debt will Amount to Maximum Rate
According to the state audit office, the expected volume of national debt will amount to Maximum Rate. As it is presented in the 2017 state bill, fixed volume of state budget amounted to 15 billion and 403.1 million GEL, which is 6 % more than expected rate. “According to the …
Read More »Living Wage has Decreased with 4,1 GEL and Amounted to 157,3 in a Year
Living wage n September 2016, has increased with 1,3 GEL compare with the previous month and amounts to 157,3 GEL. Instead, during a year, living wage has decreased with 4,1 GEL . According to the statistics, in September 2016, living wage for an average person amounted to 139,3 Gel – …
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