Home / Tag Archives: Geostat

Tag Archives: Geostat

Growth of Construction Sector Dropped Last Year

The National Statistics Office published a report on Gross Domestic Product (GDP) of 2018. During the year 2018, the construction sector dropped 3.1%, while turnover was GEL 3,272,800,000; In 2017, the sector grew by 13.5%. According to the statistics, Georgia’s economy was GEL 41,077,500,000 during 2018 and its growth rate …

Read More »

Foreign Direct Investments in Fishing Industry Grows by 29%

Foreign direct investments in agriculture sector and fishing industry have increased by 29%. According to preliminary indicators, in the fourth quarter of 2018, FDI inflows in agriculture sector and fishing industry made up 4.9 million USD, up 1.9 million USD (+62.4%) year on year. Over the past 3 years FDI …

Read More »

237.5 Thousand of Georgian Citizens are Unemployed

According to Geostat, in IV quarter 2018 year the unemployment rate increased by 0.1 percentage point compared to the previous quarter and equaled 12.3 percent. In 2018 the annual unemployment rate decreased by 1.2 percentage points compared to 2017 and amounted to 12.7 percent. It should be noted that the …

Read More »

Georgia’s Exports Grew by 23% to 3.36 billion USD in 2018

According to Geostat, the national statistics service of Georgia, Georgia’s foreign trade turnover constituted 12.48 billion USD in 2018, up 17% year on year, including the exports marked 3.36 billion USD, up 22.9% year on year and the imports amounted to 9.12 billion USD, up 14.9% year on year. Negative …

Read More »

Reinvestments Ratio in FDI is 50% in Georgia

According to the preliminary report by Geostat, the national statistics service of Georgia, in January-September 2018, reinvestments in Georgia made up 504 million USD and the reinvestments ratio in total investments amounted to 50%. Reinvestments volume is growing at special paces over the past 2 years. In 2015 it was …

Read More »

Service Tariffs in Health Sector Rise by 6.1%, Transport Sector – 6.5%

Geostat, national statistics service of Georgia has published the 2018 October inflation report. The consumer basket value has risen by 2.35 year on year, while, due to specific sectors, major upturn was recorded in health and transport sectors. Health sector: prices rose by 6.1% with 0.51% contribution to total growth …

Read More »

Exports Increased by 17.1% Y/Y in September

In September 2018, exports increased by 17.1% y/y to US$ 301.7mn, imports were up 3.3% y/y to US$ 711.4mn and the trade deficit was down 4.9% y/y to US$ 409.7mn, according to GeoStat. In September 2018, copper (+63.9% y/y), ferro-alloys (+52.5% y/y), cars (+36.8% y/y), cigarettes (+213.3% y/y) and wine …

Read More »

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 »