Georgia’s GDP

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

By | January 30th, 2014|Categories: Economy, News|Tags: |

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 […]

Government’s goal of 6% growth seen as unrealistic

By | July 5th, 2013|Categories: Economy, News|Tags: , |

Finance Minister Nodar Khaduri. (Interpressnews.) TBILISI, DFWatch–Despite the prime minister’s prognosis and the state budget, the minister of economy and the minister of finance say it is impossible to achieve 6 percent economic growth by the end of the year. Minister of Economy Giorgi Kvirikashvili said on […]

Georgia’s GDP in Q1 was USD 3.5 billion

By | June 24th, 2013|Categories: In brief, News|Tags: |

TBILISI, DFWatch–Georgia’s GDP in the first quarter of 2013 was 5 782.8 million GEL (USD 3 500 million), which is 2.4 percent more than same period last year. According to Georgia’s National Statistics Department, industry has the largest share for GDP figures […]

Georgia had 8% growth in first five months of 2012

By | June 20th, 2012|Categories: In brief, News|Tags: |

TBILISI, DFWatch – Georgia’s gross domestic product (GDP) grew 6.8 percent in first quarter of 2012 compared to the same period last year, according to Georgia’s National Statistics Department (Geostat). Extending the estimate one month, Geostat director Zaza […]

6.2% growth in 2011

By | December 21st, 2011|Categories: In brief, News|Tags: |

TBILISI, DFWatch - Georgia will have 6.2% growth in the economy in 2011. But the prices will have increased 10.5%. In the third quarter of 2011, Georgia’s gross domestic product (GDP) grew by 7.5% compared to last year's third quarter, and amounted to 6 203 million lari by current prices, which is nearly 38 billion US [...]

‘Georgia one of world’s healthiest economies’

By | November 25th, 2011|Categories: In brief, News|Tags: |

TBILISI, DFWatch - “Going by macro-economic parameters, Georgia is one of the healthiest countries in the world,” Georgian Prime Minister Nika Gilauri said Friday at a debate in parliament. The debate was held at the request of the Christian Democrats regarding the government’s ’10 point plan’. According to Gilauri, economic growth rates are directly dependent on [...]

Will Georgia’s population be halved?

By | November 25th, 2011|Categories: In brief, News|Tags: |

TBILISI, DFWatch - The Christian Democrats in parliament argue that comparing the specific numbers in the government’s 10-point plan’s to the reality puts the government in a very awkward situation. One of their representatives, Levan Vepkhvadze, said this at a special debates today, which has been held on their request regarding the government’s ten-point plan. “In [...]

Strong growth in GPD

By | November 25th, 2011|Categories: In brief, News|Tags: |

TBILISI, DFWatch - Georgia’s Prime Minister Nika Gilauri says that gross domestic product (GDP) per capita will be 3 100 US dollars this year. He has made this statement at a political debate in the parliament Friday, regarding the government’s ’10 point plan’ at the request of the Christian Democrats. According to the Prime Minister, the [...]