Friday, December 5, 2025

Foreign investments in Georgia virtually unchanged in 2013

enguri_dam_Cropped
The top investment sector in 2013 was energy. Here Enguri dam. (Interpressnews.)

TBILISI, DFWatch–Georgia received USD 914 million in direct foreign investments in in 2013. This is 0.3 percent more than in 2012, according to preliminary figures from Georgian National Statistics Department, GeoStat.

According to the figures, direct foreign

Read more

Georgian PM woos foreign investors

irakli_gharibashvili_-_2014-01-16
Prime Minister of Georgia, Irakli Gharibashvili. (Interpressnews.)

TBILISI, DFWatch–Georgia offers investors a favorable environment and a market of potentially 900 million people, Prime Minister Irakli Gharibashvili said during the Georgia-Israel Business Forum.

Gharibashvili mentioned that a common system of allowances with 8 countries,

Read more

Georgia may revise taxation on some imported goods

gogi_topadze_cropped
Gogi Topadze, one of the parliamentarians who authored the bill. (Interpressnews.)

TBILISI, DFWatch–Georgia may change the rules for VAT taxation and abolish advantages for importers of certain categories of goods.

Parliament has started reviewing the draft, but the National Movement criticizes it and says they believe members of the ruling

Read more

47 % price hike on vegetables in Georgia

DSC_0045_copy
Vegetable prices had a projected annual growth of 46.6 percent in February, according to GeoStat. (DF Watch.)

TBILISI, DFWatch–Vegetable prices are on course to a 46.6 % projected annual increase in Georgia, new figures from the National Statistics Department, GeoStat, show.

Georgia’s monthly inflation rate was 0.2 percent in February, according to the new report.

In February

Read more

Georgia: 15% rise in January's foreign trade confirmed

Rustavi_car_market_-_rustavi.ge_Cropped
Used cars for sale at Rustavi car market near Tbilisi. (rustavi.ge.)

TBILISI, DFWatch–Georgia’s foreign trade turnover was USD 761 million in January 2014 according to precise data published by Georgia’s National Statistics Department, GeoStat. This is 15 percent more than in 2013.

Export was USD 224 million, which is 14 percent

Read more

Georgia adds guitar to consumer basket

bazar woman -
Georgia’s National Statistics Department has updated the list of items used to measure consumer prices. (DF Watch.)

TBILISI, DFWatch–11 new products including a guitar have been added to Georgia’s consumer basket, and four products were removed from the list.

The consumer basket is a theoretical collection of items used to define the consumer price index or inflation rate

Read more

GeoStat: Georgia's GDP 8% higher in Dec '13 than Dec '12

vegetable street vendor
The unofficial economy is not part of GeoStat’s rapid monthly estimates. (DF Watch.)

TBILISI, DFWatch–Georgia’s estimated real GDP growth rate was 8.4 percent in December 2013, compared to the same month in 2012, according to preliminary data published by the National Statistics Department, GeoStat.

According to the estimate, real GDP growth

Read more

Georgian lari continues to fall

lari_cash
Georgian lari continues to drop in value. (DF Watch.)

TBILISI, DFWatch–The Georgian lari continues to fall in value and hit 1.7817 against the US dollar on January 23.

The fall started in early November and continued gradually from a level of around 1.67 lari against the dollar the month before.

The lari rate has also

Read more