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Statistics: Distribution of International Visits by Main Purpose

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 – …

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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 …

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The Current Cost of Living Index is Deceptive

Cost of Living

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 …

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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 …

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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 …

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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 …

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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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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 …

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