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Tag Archives: Geostat

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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Geostat: Unemployment Level Declines by 1.9%

In the second quarter of 2018 the unemployment level in Georgia declined by 1.9% compared to the first quarter of 2018 and constituted 12.1%. According to Geostat, national statistics service of Georgia, this declination is related to seasonal factors. In the second quarter of 2018, the ratio of economic active …

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Foreign Direct Investments in Georgia in 2017

Foreign direct investments (FDI) in Georgia amounted to USD 1888.8 million in 2017 (adjusted data) up 20.6 percent from the same data of 2016 and up 1.4 percent from the preliminary data of 2017. Geostat adjusted the volume of FDI in Georgia for 2013-2016 as well. Consequently, the chart below …

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Early Report: January-July Saw 24.4% Upturn in Foreign Trade Turnover

economy

According to early report by Geostat, national statistics service of Georgia, in January-July 2018 foreign trade turnover (excluding non-declared trading) made up 7 051.5 million USD, up 24.4% compared to the same period of 2017. Including, exports constituted 1.870 billion USD, up 28.7% and imports marked 5.181 billion USD, up …

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Rapid Estimates of Economic Growth in Georgia

The estimated real Gross Domestic Product (GDP) growth rate in June 2018 amounted to 4.0 percent y-o-y. An average estimated real GDP growth equaled 6.0 percent for the Q2 2018 and 5.7 percent for the first half of 2018 y-o-y. In June 2018 the estimated real growth, compared to the …

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Import Price Index Remains Unchanged

The Import Price Index (MPI) remained unchanged over the previous month, while compared to June 2017 the Index increased by 10.3 percent. Compared to June 2017 prices increased by 11.2 percent for manufactured products and by 3.6 percent for mining and quarrying. In terms of electrical energy, gas, steam and …

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Producer Price Index for Industrial Products in Georgia

In June 2018 the Producer Price Index (PPI) for Industrial Products decreased by 1.1 percent over May 2018 and increased by 6.8 percent compared to June 2017. Prices for manufactured products decreased by 1.3 percent compared to the previous month, resulting in a -1.03 percentage point contribution to the overall PPI …

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Export Price Index Decreased by 1.8%

The Export Price Index (XPI) decreased by 1.8 percent compared to the previous month. There was a 2.2 percent decrease in the prices for manufactured products. Compared to June 2017 the XPI increased by 9.6 percent. In the mentioned period prices increased for manufactured products by 8.6 percent and for …

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Exports and Imports Dynamics of Georgia by Months

In January-June 2018 the external trade turnover of Georgia with the EU countries amounted to USD 1 644.5 million, grew by 25.2 percent compared to the corresponding indicator of the previous year. Exports amounted to USD 367.8 million (21.5 percent higher), while imports amounted to USD 1 276.7 million (26.3 …

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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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