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Jan
2021
Weekly market watch January 18, 2021 Trade deficit down 18.0% y/y in December 2020 In December 2020, trade deficit narrowed by 18.0% y/y to US$ 473.3mn according to Geostat’s preliminary figures, as exports decreased by 17.7% y/y to US$ 325.7mn, while imports fell by 17.9%... learn more 18Jan
2021
Global Market Watch, 18 January • The major news of the first week of 2021 was the victory of Democrats in Georgia (US), and as a result control over both, Senate and House of Representatives. For the past couple of years, the Senate was controlled by Republicans,... learn more 11Jan
2021
Weekly market watch January 11, 2021 Inflation was 2.4% y/y and -1.0% m/m in December 2020 Annual CPI inflation retreated to 2.4% in December 2020, from 3.8% y/y in November 2020, according to Geostat. The decline in inflation mostly reflected the government’s subsidies... learn more 4Jan
2021
Weekly market watch January 4, 2021 Real GDP shrinks 7.7% y/y in November 2020 Georgia’s economy contracted by 7.7% y/y in November 2020 after falling 3.9% y/y in October, according to Geostat’s rapid estimates. In November, positive real growth was recorded in... learn more 28Dec
2020
Weekly market watch December 28, 2020 NPLs at 2.2% in November 2020 In November 2020, the banking sector loan portfolio increased by 10.0% y/y and 0.7% m/m (exc. FX effect). In unadjusted terms, loan portfolio was up 19.1% y/y and 2.8% m/m, amounting to GEL 37.4bn (US$ 11.3bn).... learn more 21Dec
2020
Weekly market watch December 21, 2020 Real GDP shrinks 5.6% y/y in 3Q20 Georgia’s real GDP contracted by 5.6% y/y in 3Q20 based on Geostat, revised down from -3.8% y/y rapid estimate figure. In 3Q20, the real growth was positive in the following sectors: mining (+14.7%... learn more