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Economics
95.2% of enterprises had access to the internet in 2024 – Geostat

In addition, 73.3 percent of enterprises used fixed-line means such as fiber-optic (FTTH), cable technologies, DSL connection (ADSL, SDSL, VDSL), etc. to provide internet connection.In 2024, 26.8 percent of employees used portable computers or smartphones provided by the enterprise that supported the internet connection (for business use only), while the share of enterprises using webpage or website was 13.9 percent.Enterprises used social media such as social networks (Facebook, LinkedIn, etc.) – 28.8 percent, while 70.7 percent of enterprises did not use any social media. 

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GDP Growth Rate Amounted To 7.5% For April

As of the document, in April 2025, compared to the same period of the previous year, the estimated real growth in following activities contributed significantly: Information and communication, Financial and Insurance activities, Mining and quarrying, Real estate activities, Transportation and storage.Decline was registered in Construction and Manufacturing.

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Poverty rate in Georgia drops to 9.4% in 2024

In 2024, the absolute poverty rate in urban areas decreased by 1.6 percentage points, amounting to 7.8 percent, while in rural areas it decreased by 3.7 percentage points, amounting to 11.9 percent.In 2024, the absolute poverty rate decreased compared to the previous year across all age groups of the population. Specifically, the indicator was 12.1 percent in the age group under 18 years (-4.0 percentage points), in the 18-64 age group – 9.3 percent (-2.1 percentage points), and in the age group 65 and older – 6.7 percent (-1.3 percentage points).The absolute poverty rate decreased by 2.4 percentage points for both women and men, amounting to 9.0 percent and 9.8 percent, respectively.In 2024, the share of the population under 60 percent of the median consumption decreased by 0.9 percentage points, amounting to 18.9 percent, while the share of the population under 40 percent of the median consumption decreased by 0.7 percentage points, amounting to 6.7 percent.In 2024, compared to the previous year, the value of the Gini coefficient decreased by 0.02 based on both total incomes and total inflows, amounting to 0.35. However, it remained unchanged based on total consumption expenditures and total expenditures, amounting to 0.36 and 0.40, respectively.

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Local beer consumption hits new high

TBC Capital predicts that the FMCG and HORECA industries are expected to maintain sustainable growth rates in the coming years.“While domestic beer production volumes remained largely unchanged in 2024, price changes significantly increased the value of manufactured goods.The annual figures also show increased demand for imported beer.The increased domestic demand, especially for imported beer, is reflected in a significant increase in imports and a decrease in exports,” the study says.In more detail, according to the study, in 2024, local beer production in Georgia increased by 1% compared to the previous year and amounted to 127 million liters, and the average price per liter was 2.8 GEL. As for consumption, according to the study, in 2024, 138 million liters of beer were brewed in Georgia, of which 87% came from local production and only 13% from imports. In 2023, consumption was 125 million litres, of which 10% came from imports.In addition, according to TBC Capital, imports last year amounted to 15.5 thousand tons, which is 3.8 thousand tons more than in 2023. The export rate decreased by a thousand tons, from 6.9 thousand tons to 5.9 thousand tons.

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The unit value of non-perennial crops increased by 34%

Compared to the corresponding quarter of the previous year, the Unit Value Index of Agricultural Products increased by 13.3%. The latter was largely caused by the 51.6% increase in the unit value of non-perennial crops, which contributed 9.09 percentage points to the total index change.In the same period, the unit value of perennial crops went down by 2.6 percent and went up by 10.2% for live animals and animal products, with the relevant contribution of -1.16 and 5.39 percentage points to the total index change, respectively.

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The average monthly income per household in Georgia increased by 10.1%...

According to the survey results, the main source of household income is cash incomes and transfers. In 2024, this share increased by 2.7 percentage points compared to the previous year, amounting to 90.4 percent. The figure was 94.9 percent in urban areas and 81.7 percent in rural areas.The average monthly income per household in urban areas increased by 12.6 percent, amounting to 1 978 GEL, while in rural areas it increased by 5.5 percent, equaling 1 755 GEL.In the structure of cash incomes and transfers, the largest share is held by incomes received from wages, which decreased by 0.3 percentage points compared to the previous year, reaching 47.6 percent. The share of self-employment income increased by 0.9 percentage points, amounting to 12.7 percent. The share of income from pensions, scholarships, and social assistance increased by 0.4 percentage points, reaching 22.3 percent. The structure of cash incomes and transfers differs between urban and rural settlements.In 2024, the average monthly expenditures per household in Georgia increased by 5.2 percent compared to the previous year, reaching 1 736 GEL, while the average monthly expenditures per capita increased by 8.2 percent, amounting to 540 GEL.According to the survey results, in 2024, the share of household cash consumption expenditure in total expenditures decreased by 0.4 percentage points compared to the previous year, amounting to 69.9 percent.The average monthly expenditures per household in urban areas increased by 6.3 percent, amounting to 1,813 GEL, while in rural areas it increased by 3.4 percent, equaling 1,603 GEL.In the structure of cash consumption expenditure, the largest share is held by expenditures on food, beverages and tobacco, which decreased by 0.5 percentage points compared to the previous year, reaching 38.1 percent. The structure of cash consumption expenditure differs between urban and rural settlements.

1747995855

Georgia is among the Top-20 wine suppliers to the US

The main supplier of wine to the United States is traditionally France. In 1Q25, $761.6 million worth of wine was imported from France to the United States.Italy is in second place ($578 million), and New Zealand is in third place ($130.7 million).According to AAWE, Israel (in 11th place with $13.1 million) and Moldova (in 12th place with $8.3 million) are also among the Top-20 wine suppliers to the United States.On April 2, the United States announced large-scale trade tariffs. The 10% tariffs affected a portion of Georgia's exports, including wine, which came into effect on April 5, 2025.For reference, in 2024, the US imported $141 million worth of Georgian goods, including $7.1 million in wine exports.

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Number of transactions of residential flats in Batumi decreased by 6.7...

As of April 2025, the number of transactions of residential flats in Batumi has decreased by 6.7% to 1,178 units. The market size has increased by 2.2% standing at USD 67 millions.In April 2025 the weighted average price of newly-built flats in Batumi increased by 9.1% equaling USD 1,201 per sq m.As of March 2025, the number of transactions of residential flats in Batumi has increased by 5.7% to 1,233 units. The market size has increased by 4.9% standing at USD 64 millions.

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Average price of newly-built flats in Tbilisi increased by 13.8%

The growth is mostly driven by the primary market, where weighted average price increased by 13.8% citywide (some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.) In the secondary market of newly built apartments, the weighted average price across the city increased by 5.5%.In April 2025, the number of transactions in new projects in Tbilisi increased by 5%, driven by growth in the primary market. It should be noted that some transactions in new projects within the primary market are recorded later by developers, which could potentially distort the data and fail to present an accurate picture of the primary market. The declining trend in old projects has persisted - the figure for old flats features a 21.3% decrease compared to April 2024.As of April 2025 in Tbilisi the weighted average price of old flats has increased by 7.5% in the suburbs compared to April 2024, in the city centre 4.4% growth was witnessed, while in the wide centre the weighted average price decreased by 1.5%.In April 2025, in Tbilisi the number of transactions of residential flats amounted to 3,256 units, reflecting only 2.6% YoY decrease. Market size increased by 6.6% standing at USD 244 millions.As of March 2025 the weighted average price of newly-built flats in Tbilisi has increased by 27.7% in the wide centre compared to March 2024, 21% growth was observed in the city centre , while in the suburbs 7.3% increase was witnessed. The significant growth is mostly driven by the primary market, where transactions are registered late, resulting in a price growth trend that does not reflect reality. In the secondary market of newly built apartments, the weighted average price across the city increased by 11.6%.

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Ports And Terminals Of Georgia Processed 3.7 MLN Tons Of Cargo, 9.2% M...

In the I quarter of 2025, compared to the corresponding period of the previous year, the ports and terminals of Georgia received 2.6 times more specialized carriers, 32.2 percent more - general cargo carriers, 12.8 percent less container ships, and 11.5 percent less  -liquid bulk.In the I quarter of 2025, 18.2 percent of the ships arriving at the ports and terminals of Georgia sailed under the flag of Panama, 16.6 percent - under the flag of Turkey, 10.2 percent - under the flag of Malta, 8.4 percent - under the flag of Liberia, and the rest 46.6 percent were distributed among other countries.In the I quarter of 2025, Georgian seaports served 2.1 thousand passengers, which is 16.5% more compared to the corresponding figure of the previous year. Note, the share of passengers departed was higher than the share of passengers entered and stood at 56.8%.In the I quarter of 2025, ports and terminals of Georgia processed 3.7 million tons of cargo, 9.2 percent more compared to the corresponding figure of the previous year. 52.5 percent of freight carried was general cargo, 28.8 percent was liquid bulk, and 18.7 percent - dry bulk.

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