Economics

Significant contributions to the real GDP growth in Q1 2025 are related to increase of valueadded of the following activities: Information and communication (28.6 percent), Education (27.7 percent), Real estate activities (12.9 percent), Wholesale and retail trade; repair of motor vehicles and motorcycles (6.1 percent), Public administration and defence; compulsory social security (11.0 percent), Human health and social work activities (17.9 percent), transportation and storage (9.5 percent), Financial and insurance activities (8.7 percent).A decrease in the real value-added occurred in Agriculture, forestry and fishing (-4.6 percent), Electricity, gas, steam and air conditioning supply (-5.1 percent).The largest share in GDP by activity is held by Trade (13.1 percent) and Real estate activities (10.6 percent), followed by Information and communication (9.5 percent), Manufacturing (8.3 percent), Public administration (7.5 percent), Education (7.2 percent), Construction (6.9 percent), Financial and insurance activities (5.7 percent), Transportation and storage (5.4 percent).

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External merchandise trade 13.3% higher year-on-year - Geostat

In January-May 2025 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 80.4%. The top partners were Kyrgyzstan (USD 567.4 million), Kazakhstan (USD 330.6 million) and Azerbaijan (USD 282.3 million).In January-May 2025 the share of the top ten trading partners by imports in the total imports of Georgia amounted to 72.2%. The top partners were USA (USD 1 billion 095.9 million), Türkiye (USD 1 billion 075.1 million) and Russia (USD 808.6 million).In January-May 2025 the share of the top ten trading partners in the total external trade turnover of Georgia amounted to 69.7%. The top trading partners were Türkiye (USD 1 211.2 million), USA (USD 1 132.8 million) and Russia (USD 1 055.6 million).In January-May 2025 motor cars claimed the first place in the list of top export items, equaling USD 974.7 million with 37.6 percent of total exports. The exports of precious metal ores and concentrates totaled USD 136.5 million and their share in the total exports amounted to 5.3 percent. The exports of spirituous beverages occupied the third place standing at USD 98.4 million and constituting 3.8 percent of the total exports.The top import commodities in January-May 2025 were motor cars, whose imports equaled USD 1 billion 298.8 million (18% of the total imports). The petroleum and petroleum oils followed in the list with USD 494.6 million (6.9 percent of imports). The paintings, drawings and pastels (executed entirely by hand) were third in the top import commodity list with USD 481.2 million (6.7% of imports).

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Domestic Exports From Georgia Up By 14.6% in 5M25 Y-O-Y

In January-May 2025 the share of the top ten trading partners by domestic exports in the total domestic exports of Georgia amounted to 70.0 percent. The top partners were Russia (USD 229.0 million), China (USD 121.1 million) and Türkiye (USD 120.0 million).In January-May 2025 Precious metal ores and concentrates reclaimed the first place in the list of top domestic export items, equaling USD 136.5 million, or 11.7% of total domestic exports. The domestic exports Wine of fresh grapes totaled USD 97.2 million and their share in the total domestic exports amounted to 8.3%. The domestic exports of Spirituous beverages occupied the third place, standing at USD 82.2 million and constituting 7% of the total domestic exports.

1750321311

Only 63.6 percent of slaughterhouses have cold storage facilities

In 2024 in the slaughterhouses were slaughtered 520 thousand units of livestock, 30.6% of which were cattle and 69.4% were sheeps, goats, pigs, etc. In addition, the number of poultry slaughtered in slaughterhouses during the reporting period amounted to 12,243.7 thousand.63,020.9 tons of meat (i.e. slaughtered weight, including poultry meat) were produced by slaughterhouses during 2024 and 29.9% of this amount was beef, 35 % was poultry meat, 33.9 percent – pork, 1.2 percent – mutton and goat meat, and the share of other meat was negligible.8,728.2 tons of meat from the produced meat in slaughterhouses were purchased in 2024. Out of this amount, 30.8 percent was cattle, 5.2 percent was poultry meat, and 63.5% – pork meat.In 2024 the service was provided to 30.6 thousand persons, 53.6 percent of which were households. The monthly average number of people employed in slaughterhouses equaled 1,113 persons.The average cost of the service of slaughtering per unit of livestock were respectively: cattle – 38.1 GEL, sheep or goat – 14.9 GEL, and pig – 30.8 GEL.Almost half (49.6 percent) of slaughterhouses are fully equipped with modern equipment, 46.6% are partially equipped, and 3.8% are not equipped with modern equipment at all.66.4% of slaughterhouses do not use loans, while 33.6 percent have taken loans for various purposes: 61.4% for purchasing fixed capital, 25% for the working capital, and 13.6% got loans to finance both, fixed and working capital simultaneously.387 cold storage facilities operated in Georgia in 2024. Most of them were located in Shida Kartli region (59.7 percent), while the rest were spread across Tbilisi (11.1 percent), Kakheti (9.8 percent), Kvemo Kartli (5.2 percent), Samegrelo-Zemo Svaneti region (5.2 percent), Imereti region (3.4 percent), Adjara AR (3.1 percent), Guria (1.0 percent), Mtskheta-Mtianeti (0.8 percent), Samtskhe-Javakheti region (0.5 percent), and Racha-Lechkhumi and Kvemo Svaneti (0.3 percent).In 2024 service was provided to 509 customers. The number of producers and resellers, from whom the product was purchased for resale, totaled to 1 289, while the annual average number of employed persons in cold storage facilities equaled 1 964. In 2024, in cold storage facilities were stored 340.8 thousand tons of products. 41.3 percent of those products was chicken meat (including frozen meat), 19.8 percent were meat and meat products (including semi-finished products), 12.8 percent – fruits and vegetables, 12.7 percent – fish, 7.8 percent – milk products, while the remaining 5.6 percent were other types of products.In 2024 cold storage facilities purchased 72.2 thousand tonnes of products for resale and the income from provided services amounted to 27.1 million GEL. In 2024 cold storage facilities sold 544.0 million GEL worth of products (96.3 thousand tones) and relatively big share (48.3 percent) of those products in terms of value were local (purchased) products. Herewith, 46.3 percent of local (own) products sold by cold storage facilities was chicken meat. Significant share of imported products was meat and meat products (including semi-processed goods) (33.2 percent), chicken meat (including frozen) (31.8 percent), and fish (10.3 percent). Sales on the foreign markets accounted for 3.3 percent of total value of products sold.Significant share of foreign sales were chicken meat (59.2 percent), and fruits and vegetables (29.9 percent). According to the results of the survey, the average daily load of storage in cold storage facilities was 57.2 percent in January, 51.4 percent in February, 51.0 percent in March, 49.8 percent in April, 57.6 percent in May, 47.8 percent in June, 55.0 percent in July, 58.5 percent in August, 49.7 percent in September, 58.7 percent in October, 57.7 percent in November, and 53.0 percent in December. 63.6 percent of cold storage facilities are fully equipped with modern equipment, 32.8 percent are equipped partly and 3.6 percent are not equipped with modern equipment at all. 70.0 percent of cold storage facilities use loans. Those facilities use loans to purchasing fixed capital (including both purchase new equipment or improve the old ones) (51.3 percent), to finance the working capital (45.4 percent), or to finance both, the fixed and working capital simultaneously (3.3 percent).In 2024, 39 elevators were active in Georgia. Most of those elevators were located in Kvemo Kartli region (25.6 percent) and in Kakheti region (23.1 percent). The active elevators were also located in Samegrelo-Zemo Svaneti region (12.8 percent), in Imereti region (12.8 percent), in Tbilisi (12.8 percent), in Shida Kartli region (7.7 percent), and in Guria region (5.1 percent).In 2024 service was provided to 30 customers. The number of producers and resellers, from whom the product was purchased for resale, totaled to 118, while the annual average number of employed persons in cold storage facilities equaled 441. In 2024, 464.5 thousand tons of products were stored in elevators. 61.3 percent of these products was wheat, 19.1 percent was soybeans grist, 8.2 percent was wheat flour, and 8.0 percent was corn. The share of the rest of products were negligible.In 2024, 280.1 thousand tones of products (with total value of 326.3 million GEL) was sold by elevators. 32.9 percent of this amount in terms of value was local (own) production. Expenses on processing and storage of products by elevators equaled 4.6 million GEL. Most of local (own) production by volume and value was wheat flour (81.8 of value of products sold by elevators), and bran (11.9 percent).According to the survey results, average daily loading of the availability storages was 50.2 percent in January, 48.4 percent in February, 46.7 percent in March, 48.3 percent in April, 47.1 percent in May, 46.3 percent in June, 51.4 percent in July, 47.5 percent in August, 49.3 percent in September, 54.7 percent in October, 54.2 percent in November, and 53.1 percent in December. 46.2 percent of the elevators are fully equipped with modern equipment, 38.5 percent are equipped partly and 15.4 percent are not equipped with modern technologies at all. 41.0 percent of the elevator use loans. Half of those elevators use loans to purchase fixed capital (including both purchase new equipment or improve the old ones), 37.5 percent use loan to finance working capital, and 12.5 percent use loan for both.

1750068530

The average monthly nominal earnings in Georgia increased by 226.7 GEL...

As of the economic activity the highest monthly earnings were observed in the following fields:⦁ Financial and insurance activities – 5 515.1 Gel (increased by 22.0 percent compared to the corresponding period of the previous year);⦁ Information and communication – 4 163.0 Gel (increased by 5.2 percent);⦁ Professional, scientific and technical activities – 2 975.7 Gel (increased by 11.3 percent);⦁ Construction – 2 908.9 Gel (increased by 10.8 percent).In 1Q2025, the average monthly earnings of employees in the business sector increased by 184.2 GEL (9.3%) and equaled 2 169.6 GEl. According to the economic activity, the highest monthly earnings were observed in Information and communication (4 255.4 Gel, increased by 4.6 percent compared to the corresponding period of the previous year) and Professional, scientific and technical activities (3 402.5 GEL, increased by 12.1 percent).In 1Q2025, compared to the same quarter of the previous year, the average monthly earnings of employees in the non-business and financial sector increased by 300.9 GEL (16.1%) and amounted to 2,170 GEL. According to the economic activity, the highest monthly earnings were observed in the Financial and insurance activities.

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The trade deficit of foreign trade is below 50%

The value of export increased by 14.6 percent reaching USD 2 595.3 million, while the import increased by 12.8 percent and amounted to USD 7,19 billion.The trade deficit equaled USD 4,6 bln and its share in trade turnover constituted 47%.

1749812623

Georgia Ranks 16th in Global Wine Production with 27% Annual Growth

The report also notes that 2024’s output surpassed Georgia’s five-year production average by 20%, marking the highest annual wine production since the beginning of the 21st century. The OIV attributes this growth primarily to favorable weather conditions in Georgia’s major wine-producing regions.Vineyard Expansion and Consumption Trends.Georgia had 48,700 hectares of vineyards in 2024, reflecting a modest annual increase of 0.4% and ranking the country 26th globally in vineyard area.Domestic wine consumption also surged by 27%, reaching 119.9 million liters, placing Georgia 29th in the world for wine consumption. The OIV estimates that Georgians aged 15 and older consumed an average of 39.9 liters of wine per person annually, accounting for 0.6% of global wine consumption.While Georgia’s production and consumption rose, global wine consumption declined by 3.3%, dropping to 214 million hectoliters, the lowest level since 1961.Despite domestic success, Georgian wine exports sharply declined in early 2025. According to Geostat, from January to April 2025, Georgia exported 23,946 tons of wine worth $72 million, a 45% decrease from the same period in 2024 ($126.9 million/45,197 tons).Russia, Georgia’s largest export market, saw the most significant drop. Exports to Russia fell by 59.3%, from $99.55 million to $40.45 million.Top 5 Export Markets for Georgian Wine (Jan–Apr 2025): Russia – $40.45 million (14,404 tons) Poland – $6.17 million (2,578 tons) Ukraine – $3.65 million (1,318 tons) China – $3.52 million (1,124 tons) Kazakhstan – $3.67 million (1,063 tons)

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FDI down by 7.7% in1Q25

Equity amounted to USD 62.1 million in Q1 2025, which is 34.6% of the total foreign direct investment. Reinvestment amounted to USD 150.0 million and the share of reinvestment is 83.6% of total FDI.The Czech Republic reaching USD 43.0 million in Q1 2025 (23.9%) was the major foreign direct investor country. The United States was the second with USD 39.6 million (22.1 %), followed by Türkiye with USD 28.1 million (15.7 %). The share of the three largest investor countries is 61.7% of the total investment.The Czech Republic reaching USD 43.0 million in Q1 2025 (23.9%) was the major foreign direct investor country. The United States was the second with USD 39.6 million (22.1 %), followed by Türkiye with USD 28.1 million (15.7%). The share of the three largest investor countries is 61.7% of the total investment.The largest share of FDI was registered in the energy sector, reaching USD 70.2 million (39.1%) in Q1 2025, Information and communication sector was the second with USD 52.3 million (29.2%), followed by the manufacturing sector with USD 27.5 million (15.3%).The share of the three largest sectors in total foreign direct investment amounted to 83.6%.

1749463997

The CCI increased by 5.1 percent in April y-o-y

In detail:• The residential segment index decreased by 0.4 percent compared to the previous month and increased by 8.3 percent compared to the same month of the previous year;• The non-residential segment index decreased by 2.5 percent compared to the previous month and increased by 2.5 percent compared to the same month of the previous year;• The civil segment index decreased by 0.2 percent compared to the previous month and increased by 2.6 percent compared to the same month of the previous year.In April 2025 the Construction Cost Index (CCI) decreased by 0.6 percent compared to the previous month. The change was mainly due to a 1.3 percent decreased in average monthly nominal wages of employees in the construction sector, which contributed -0.45 percentage points to the total index change. Compared to April 2024 the CCI increased by 5.1 percent.The latter was largely caused by the 18.3 percent increase in average monthly nominal wages of employees in the construction sector and by the 2.2 percent increase in the prices of construction materials, which contributed 3.53 and 1.38 percentage points to the total index change, respectively. Along with this, the Construction Cost Index posted a 22.8 percent increase compared to February 2022.

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Annual Inflation Rate Amounted To 3.5% In May

As of the document, the annual inflation rate was mainly influenced by price changes for the following groups:Food and non-alcoholic beverages: the prices in the group increased by 8.3 percent, contributing 2.82 percentage points to the overall annual inflation rate. Within the group the prices increased for the following subgroups: oils and fats (22.5 percent), vegetables (17.6 percent), coffee, tea and cocoa (15.4 percent), mineral waters, soft drinks, fruit and vegetable juices (10.6 percent), sugar, jam, honey, chocolate and confectionery (9.5 percent), bread and cereals (8.4 percent), fish (6.9 percent), milk, cheese and eggs (6.9 percent), meat (2.2 percent). At the same time, prices decreased for fruit and grapes (-4.7 percent);Health: the prices increased by 9.0 percent, contributing 0.75 percentage points to the overall index. The prices were higher for the following subgroups: out-patient services (10.2 percent), medical products, appliances and equipment (8.3 percent), hospital services (7.6 percent);Miscellaneous goods and services: the prices for the group increased by 5.9 percent, contributing 0.29 percentage points to the overall index. Within the group, the prices were higher mainly for the following subgroups: personal effects n.e.c. (20.7 percent), insurance (8.7 percent), financial services n.e.c. (5.4 percent), personal care (2.7 percent);Transport: the prices for the group decreased by 4.5 percent, contributing -0.54 percentage points to the overall index. Within the group the prices decreased for operation of personal transport equipment (-7.4 percent). At the same time, the prices increased for purchase of vehicles (0.9 percent) and transport services (0.7 percent).

1748948024

European Parliament adopts resolution on media freedom in Georgia, Mzi...

1750339161 • Politics

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Politics

1750339161

European Parliament adopts resolution on media freedom in Georgia, Mzi...

The resolution calls for the immediate and unconditional release of Mzia Amaglobeli, founder of Batumelebi and Netgazeti online newspapers, and the dropping of all charges against her.It also urges the “immediate repeal of all repressive legislation”.“The European Parliament, having regard to its previous resolutions on Georgia, having regard to Rules 150(5) and 136(4) of its Rules of Procedure,A. whereas Mzia Amaglobeli, a journalist and co-founder of Batumelebi and Netgazeti outlets, was arrested during pro-European protests on 12 January 2025 and faces four to seven years in prison for a provoked incident involving a police officer;B. whereas the adoption of draconian legislation – such as the Foreign Agents Registration Act (FARA) and amendments to the Law on Broadcasting, Code of Administrative Offences and Law on Grants – constitutes a dangerous acceleration of democratic backsliding and deliberate authoritarian strategy by Georgian Dream to silence critical voices in civil society and independent media and persecute the political opposition;C. whereas the authorities have virtually annihilated remaining independent media outlets in the country; whereas the public information space is fully dominated by pro-government media, spreading Russian-style propaganda and anti-European disinformation;D. whereas in Mzia Amaglobeli’s case, the authorities ignored procedural safeguards, imposed pre-trial detention without a clear legal basis, contested by the Public Defender, and assigned a presiding judge lacking qualifications in criminal law; whereas she is being punished for exposing corruption and reporting on election fraud during the 2024 elections;E. whereas she reportedly suffered inhumane treatment and undertook a 38-day hunger strike;F. whereas Estonia and Lithuania have imposed personal sanctions on Georgian judges and police officers linked to Mzia Amaglobeli’s case;1. Demands Mzia Amaglobeli’s immediate and unconditional release and the withdrawal of all charges against her, and denounces her politically motivated arrest and prosecution;2. Strongly condemns the Georgian Dream regime’s systemic assault on democratic institutions, political opposition, independent media, civil society and judicial independence;3. Expresses deep concern over arbitrary detentions and the harassment of, and violence against, journalists in Georgia, including smear campaigns, legal persecution, abuse and gender-based violence in detention; calls for independent investigations and urges the authorities to immediately end intimidation and ensure journalists’ safety and freedom;4. Urges the Georgian authorities to release all political prisoners and other illegally detained persons without delay, including activist Mate Devidze, opposition leaders Zurab Japaridze, Nika Melia and Nika Gvaramia, and former President Mikheil Saakashvili, and denounces the violent abduction of UNM Chair Tina Bokuchava’s husband and the reported threats to her children’s safety;5. Calls for the immediate repeal of all repressive legislation, the restoration of democracy, and full protection of media freedom and civil liberties;6. Calls for the EU to step up support for Georgia’s independent media and civil society following the entry into force of the FARA, and monitor ongoing trials;7. Regrets the persistent inaction of the Council, Member States and Commission and reiterates its repeated call on Member States to impose bilateral sanctions against Georgian Dream leaders and officials responsible for democratic backsliding;8. Instructs its President to forward this resolution to the Council, the Commission, the governments and parliaments of the Member States, the Council of Europe, the OSCE, President Zourabichvili, and the self-appointed authorities of Georgia”, - the document reads.

1750241461

GD will not invite OSCE/ODIHR to observe the municipal elections

According to the PM, in general, there is no such practice of inviting the OSCE/ODIHR to monitor local elections.“There are some exceptions, like in 2022, because these elections were related to the topic of parliamentary elections. There are cases when the OSCE/ODIHR election observation mission is invited to monitor local elections as an exception. According to the standard practice, the mission is invited to observe the parliamentary elections.Therefore, we believe that it is not worth overloading them with local elections. Municipal elections will be held in a healthy form. The OSCE/ODIHR observed parliamentary elections, prepared its opinion, but nobody got interested in the report. Today, these people urge us to invite the mission,” he said.The British Embassy in Georgia called on the Georgian government to extend an invitation to ODIHR/OSCE to observe October’s municipal elections and take forward all recommendations in ODIHR’s final report on the 2024 parliamentary election.

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British Embassy calls on Georgian gov't to invite ODIHR/OSCE mission t...

According to the statement, this commitment is set out in the Strategic Partnership and Cooperation Agreement, which both Governments signed in 2019.“Article 4 of the Agreement commits the parties to cooperation on increasing the stability and effectiveness of democratic institutions and the rule of law; on ensuring respect for human rights and fundamental freedoms; on making further progress on judicial and legal reform. Article 341 of the Agreement also commits both sides to ensure the involvement of civil society in UK-Georgia relations and to facilitate an enabling environment for the development of civil society.It is on this basis that for many years the UK has supported civil society in Georgia, including voter education activities, funding for local election observation groups working to internationally approved standards and contributed to successive ODIHR/OSCE monitoring missions in Georgia.The Georgian government itself previously supported this activity and we reject its current description as funding ‘propaganda and extremism’. Nothing could be further from the truth. Georgian legislation makes provision for citizen monitoring, which is an important part of professional and transparent scrutiny of elections.We encourage the Georgian Government to extend an invitation to ODIHR/OSCE to observe October’s municipal elections and take forward all recommendations in ODIHR’s final report on the 2024 parliamentary election.The hopes and aspirations of the Georgian people are for democracy and freedom, and we hope that UK-Georgia co-operation, as well as Georgia’s co-operation with European institutions, will further contribute to those goals,” reads the statement.

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Ivanishvili begins to enforce Russian laws with the Putin and Lukashen...

“On June 17, Razhden Kuprashvili’s bureau began to enforce anti-constitutional Russian laws through the Murusidze court. They demand from us, human rights defenders, without legal grounds, to hand over personal information of citizens under our protection – victims of torture, women victims of violence, pupils, students, teachers, pensioners, disabled people, entrepreneurs, whistleblowers, journalists, observers, illegally dismissed civil servants and their family members. In particular, they demand that we hand over personal information, including names, surnames, photographs, financial and banking details, and health information of all those people who trusted us and do not benefit from our help.We are not going to betray the trust of citizens under our protection, even if this means our persecution and imprisonment. We will not share information about people oppressed by Ivanishvili’s regime with the Russian regime. We will take legal action against these orders. Their goal is clear to us – Ivanishvili is trying to destroy free civil society in Georgia, just as the Bolsheviks did in the 1920s, and the Putin and Lukashenko regimes did in the last decade. We declare once again that we are not going to live by Russian laws, accept the sabotage of Georgia’s European future, and will continue to fight to protect the rights of the Georgian people,” reads the statement.

1750073968

For Georgia's leader Gakharia to be summoned again to Parliamentary In...

As head of the commission Tea Tsulukiani stated before the session, Gakharia has already been notified and is expected to appear for further questioning on June 23. The inquiry will focus on the villages of Chorchani, Tsaghvli, and surrounding areas.“We will re-interrogate Giorgi Gakharia on June 23. The notification procedure has begun and is ongoing to ensure full legal compliance. I hope Mr. Giorgi will appear so we can continue discussing the situation in villages where, according to him, not a single centimeter of land was lost under his decision to place a checkpoint. However, last week, a Tsaghvli resident testified that the entire forest had been taken over, and Russia advanced further into Georgian territory”, - Tsulukiani said.She noted that this contradiction between Gakharia’s statements and local testimony requires further clarification.“In addition to territorial issues, Gakharia will be questioned about the period from his 2021 resignation to the present, including his and his party’s international activities”, - Tsulukiani added.