Your Guest Is My Guest, or Why Tourism Is Not a Zero-Sum Game

The share of “transit tourists” (those who continue from Georgia to a neigbor country) in the total is not very high...

Georgian Wine Industry: Implications of a Russian Embargo

Russia has certain economic leverage over Georgia, as last year Georgian exports to Russia accounted...

Never Waste a Good Crisis

Achieving economic independence from Russia will be costly in the short-term...

Trade Deficit Shrinks, as Exports, Tourism & Remittances Show Strong Growth

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the second quarter of 2019...

On the New PM’s Economic Plans

On September 8, with 98 votes in favor to 0 against, the Georgian Parliament approved...

The 5th Tbilisi International Conference Kicks off in Rooms Hotel

The 5th Tbilisi International Conference started on September 9 for the 5th consecutive year under the title “Now What”...

Georgia Ranked 17th Country in World for Wine Exports

The Association of American Wine Economists (AAWE) has ranked Georgia in 17th position...

5G to Boost Asia Pacific's Digital Economy Development

Huawei is enabling sustainable development of a digital economy in the Asia Pacific...

Natia Turnava on Need for Deep Sea Port

Natia Turnava, the candidate for the post of the Minister of Economy ...

Geostat on August Inflation

The National Statistics Office of Georgia (Geostat) has published ...

Georgia Ranks 68 on Travel & Tourism Competitiveness Report 2019

Recently published data of the World Economic Forum shows that Georgia is the 68th country...

National Bank Increases Refinancing Rate to 7%

The Monetary Policy Committee of the National Bank of Georgia...

Dollar Hits GEL 2.9683

The National Bank of Georgia has set a new exchange rate...

July 2019 Tourism Update: Average Hotel Prices

In Georgia, the average cost of a room1 in a 3-star hotel was 148 GEL per night in July 2019...