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Tag Archives: Geostat

Averaged Monthly Salaries in Georgia due to Sectors

According to Geostat, national statistics service of Georgia, in the first quarter of 2017, averaged monthly salary of an employee marked 989 GEL, up 8.4% year on year. The highest salary was recorded in finance sector – 1908 GEL. Housing sector is second with 1598 GEL, transport and communications ranks …

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Industrial Products Producer Price Index Grows

In May producer price index for industrial products rose by 9.4% year on year, while the index has not changed month on month. In May 2017 prices rose by 0.6% for processing industry products, which was reflected by 0.51% in total indicator of the index. According to Geostat, national statistics …

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Whereabouts of Benefits from Georgia’s Economic Growth

Finance Sector Records Highest Pace of Growth, Agriculture is the Last. According to a preliminary report by Geostat, national statistics service of Georgia, in April 2017 real GDP growth pace made up 2.1%, while averaged real growth in the first quarter of 2017 totaled 5%. Averaged real growth in January …

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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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Population in Georgia Decreased with 0.1%

According to the data on the 1st of January,2017, population in Georgia ( population on the occupied land excluded) amounted to 3 718 200 people which is 0.1% less compared to last year. 57.2% of population lives in cities, whereas 42.8% of them live in villages. The population consists of …

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Georgian Economy Shows Higher than Expected Growth Just in Two Months

Geostat, National Statistics Service of Georgia, has published an early report of February 2017 economic growth. According to the report, year on year growth in Gross Domestic Product (GDP) marked 4.4%, while January-February averaged real growth made up 4.8%. It should be noted that in January GDP upturn marked 5.2%. …

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Cost of Living – Dream about Existence

Value of the cost of living is one of the key indicators that determines social-economic development level of a country. Research and analysis of the cost of living is a relevant issue in both developing and developed economies. According to recent information by Geostat, the cost of living of a …

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February Records Upturn in Cost of Living

Cost of living grew in February. The cost of living of an able-bodied male constituted168.10 GEL, up 1.8 GEL month on month and up 5.1 GEL year on year. The cost of living of an average consumer marked 148.90 GEL. According to Geostat, cost of living of an average family …

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Georgia’s Top Ten Investor Companies

According to Geostat, the major investor in the list are IDS Borjomi Georgia, Magticom, Energo Pro Georgia, TAV Georgia and Metro Avrasya Georgia (Metro). The latter company is specialized in leasing commercial spaces, development companies and transport stations. The list of top ten investor companies also includes: Georgian branch of …

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179 Million USD Nuts to Export Abroad in 2016

Georgia exported 179 million USD Nuts which is 9% of the products exported abroad from Georgia. In 3 top export products, nuts occupy the second place. This data is in the results of Geostat research. In the list of the most exported products, copper and concentrates occupy the first place. …

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Azerbaijan is Still Georgia’s Main Investor

Azerbaijan Investor

Azerbaijan invested $151 million in Georgia’s economy in 3Q2016, which is 15.1 percent less than in the same period of 2015, Georgia’s National Statistics Office said in a report. Azerbaijan ranks first in the volume of investments in Georgia’s economy, according to the report. Azerbaijan’s investments account for 33 percent …

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