In total, 3,388 residential apartments were sold in Tbilisi in August, an 18.9% increase compared to the same period last year. The market volume grew by 35.2%, reaching $297 million.Sales growth was particularly notable in new developments (+23.7%), reflecting increased market supply. Colliers estimates that the Samgori and Didi Dighomi districts accounted for the largest share of this growth.At the same time, apartment prices have also risen. Compared to August of the previous year, the weighted average sale price of newly built apartments: Increased by 16.7% in the city center; By 16% in the extended city center; By 10.4% in the suburbs. A Different Trend in Batumi Unlike Tbilisi, where local buyers predominate, the situation in Batumi is the opposite. According to Colliers data, the share of foreign buyers in Batumi’s old and new projects surpassed that of Georgians in August, reaching 52% (in July, the share of foreigners was 48%, while Georgians accounted for 50%).A total of 1,235 residential apartment transactions were registered in Batumi in August-a 4.3% decrease compared to August of the previous year-yet the total market size grew by 2.9%, reaching 81 million USD.
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The highest increases were recorded in Imereti, Racha, and Samegrelo-Zemo Svaneti—15.1%, 13%, and 12.8%, respectively.In Imereti, the average price for 4-star hotels hovered around 250 GEL, while the average for family-run guesthouses and 3-star hotels was around 150 GEL.In Racha, prices for 3- and 4-star hotels were in the 250 GEL range, while rates at family-run guesthouses ranged from 100 to 150 GEL.As for Samegrelo-Zemo Svaneti, the price of 4-star hotels exceeded 300 GEL, the average price for 3-star hotels was 200 GEL, and the average rate at family-run guesthouses was slightly above 100 GEL. In August 2026, the average price for family-run hotels was 134 GEL; for 3-star hotels, it was 203 GEL; and for 4-star hotels, it was 298 GEL.During the same period, the average price for 5-star hotels in Georgia was 598 GEL. The highest average prices were recorded in Guria (1,081 GEL), Kakheti (684 GEL), and Tbilisi (668 GEL).The study is published by PMCG. The analysis covers a stratified sample of 568 hotels (categorized as 3, 4, and 5-star) and 371 family-run hotels registered on Booking.com. Average prices are calculated based on the hotels available during the current month.
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The meeting took place on the sidelines of the Regional Central Bank Governors' Roundtable held in Tbilisi.During the meeting, the parties discussed opportunities to further deepen cooperation between the National Bank of Georgia and J.P. Morgan. They also reviewed the regional macroeconomic environment and ongoing trends within the financial sector.Particular attention was given to the Regional Central Bank Governors' Roundtable, co-hosted by the National Bank of Georgia and J.P. Morgan. The participants underscored the importance of this inaugural regional event, which served as a unique platform for central bank leadership and international financial community to exchange insights and address mutual priorities.
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During the meeting, the parties discussed prospects for further deepening cooperation in the financial sector between Georgia and China. Particular emphasis was placed on cooperation in developing financial services and exploring opportunities to strengthen ties between the commercial banks of the two countries.It was noted that, against the backdrop of growing trade and economic relations between Georgia and China, the development of corresponding financial infrastructure and services is particularly important for further strengthening economic ties between the two countries.The parties also discussed their mutual interest in strengthening cooperation between Georgian and Chinese commercial banks. It was highlighted that active collaboration between Chinese financial institutions and Georgian commercial banks, including in the area of correspondent banking relations, is already underway. Both sides expressed readiness to further deepen this cooperation.Nino Jeladze emphasized that the National Bank of Georgia places great importance on strengthening cooperation with international financial institutions and creating new opportunities for the Georgian financial sector."Trade and economic relations between Georgia and China are growing; therefore, it is vital that this process is accompanied by the strengthening of financial ties and the development of modern financial services. The meetings held within the framework of CIFIT present a valuable opportunity for representatives of the Georgian and Chinese financial sectors to discuss specific areas of cooperation," stated Nino Jeladze.During her visit to China for CIFIT 2026, the NBG Vice Governor also met with Wang Hongbo, Chairman of the Cross-Border Interbank Payment System (CIPS), to discuss current and future cooperation. The parties also reviewed progress in cooperation among the Georgian financial sector, the National Bank of Georgia, and CIPS.
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Compared to July 2026, prices rose by 4.6% in the mining and quarrying group, contributing 0.34 percentage points to the change in the overall index. During the same period, prices decreased in the manufacturing group (-0.2%), contributing -0.15 percentage points to the overall index change. Additionally, a 6.8% price increase was recorded in the electricity, gas, steam, and air conditioning group, which contributed 0.67 percentage points to the total monthly index change.According to Geostat data, the formation of the index over the 12-month period was primarily influenced by price changes in the following products: Mining and quarrying: prices increased by 20.1%, contributing 1.34 percentage points to the change in the overall index. Within this group, a notable price increase occurred in metal ores (22.9%); Manufactured products: prices rose by 5.1%, contributing 4.02 percentage points to the overall index's growth. Price increases were observed in food products (5.7%) and basic metals (10.1%); Electricity, gas, steam, and air conditioning: prices increased by 2.6%, contributing 0.28 percentage points to the annual change in the overall index; Water supply, sewerage, waste management, and remediation services: prices increased by 6.3%, contributing 0.2 percentage points to the overall index.
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In January–August 2026, the top ten countries accounted for 65% of Georgia's total domestic exports. The largest export partners in this regard are: China – $529.1 million Russia – $468.3 million Turkey – $297.3 million Oil and oil products topped the list of domestic exports in January–August 2026 with a value of $649.1 million, representing 19.8% of total domestic exports. Precious metal ores and concentrates rank second with $403.1 million (12.3% of total domestic exports), while ferroalloys occupy third place with $219 million (6.7% of total domestic exports).
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NBG and J.P. Morgan Hosted Central Bank Managers from Nearly 15 Countr...
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NBG keeps monetary policy rate at 8.25%
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An agreement on mutual access to securities markets was signed between...
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