Georgia's export volume to US announced
The US is among Georgia's top ten export countries, but the volume of Georgian exports to the country is noticeably compared to the post-Soviet states.
Georgian economy
Georgian authorities to provide unprecedented conditions for innovation development
The Georgian leadership intends to maximize support for the development of startups engaged in the creation of innovative products. In particular, they will receive unique tax breaks.
Georgia's economy grows by 7.7% in February
Georgia's GDP showed impressive growth in February, with energy, transport and communications playing a significant contribution to economic growth.
Georgia to recycle batteries itself
It is planned to fully meet the country's corresponding needs
Georgia records inflation growth in February
In February, Georgia recorded a rise in prices in annual terms, with the most noticeable inflationobserved in the hotel industry.
Georgia to expand its section of Middle Corridor
Tbilisi intends to modernize the railways for this purpose
Kobakhidze assesses economic situation in Georgia
Georgia's foreign trade grew by almost 40% in January. Prime Minister Kobakhidze shared his expectations regarding the country's economic development during the year.
Georgia expects record tourism revenues in 2025
Tbilisi intends to continue active development of the tourism sector
Georgia's GDP increased by 9% last year
Georgia's economic growth last year was approximately 9%. The country's authorities expect the GDP growth figures to surpass this figure this year.
Trade turnover between Russia and Georgia grows by more than 5%
Trade between Russia and Georgia continues to develop, with trade turnover between the two countries increasing by more than 5% over the year.
World Bank predicts GDP growth decline in South Caucasus
Thus, experts predict the GDP growth, after which there will be a noticeable decline: in Georgia from 6% to 5%, in Armenia from 5% to 4.6%
Georgia increases foreign trade by 6.6%
Despite political challenges, the Georgian authorities are confidently increasing foreign trade, the National Statistics Service "Sakstat" reports.
Georgian authorities comment on lari depreciation
The Prime Minister of Georgia has urged citizens not to worry about the recent fall of the lari. According to Irakli Kobakhidze, there is nothing unusual in the weakening of the national currency.
Wildberries marketplace begins working in Georgia
Wildberries started working in Georgia under a franchise. The first pick-up point will open in Tbilisi.
Georgia to become rich in six years, Ivanishvili says
This will happen if the current rates of economic growth are maintained
Kobakhidze speaks on time frame for return of migrants to Georgia
The Georgian authorities are counting on the active return of migrants to the country after 2026. The Prime Minister noted that these expectations are related to the development of the Georgian economy.
Georgia becomes fastest growing economy in South Caucasus
Georgia is the country with the fastest growing economy in the South Caucasus. This statement was made by the country's Prime Minister Irakli Kobakhidze.
Georgia breaks tourist flow record
In the first three months of this year, almost 1 million tourists visited Georgia. Income from the tourism sector during this period amounted to more than $800 million.
Lari exchange rate continues to fall amid adoption of foreign agents bill
The national currency of Georgia continued to depreciate despite the efforts of the National Bank of the Republic, which sold about $60 million at a foreign exchange auction today.
Georgia raises growth forecast for Georgian economy in 2024
TBC Capital has raised its forecast for Georgian economic growth in 2024. The company has reported that the country's economic growth will exceed 6%. In February, Georgia's economy grew by 9.5%.
