OPEN INDIVIDUAL ACCOUNT
Aug
2020
Weekly market watch August 3, 2020 Real GDP shrinks 7.7% y/y in June 2020 Georgia’s economic contraction halved to 7.7% y/y in June 2020 after falling by an average of 15.1% y/y in April-May, according to Geostat’s rapid estimates. Real growth was up in mining and... learn more 27July
2020
Weekly market watch July 27, 2020 Trade deficit down 27.7% y/y in June 2020 In June 2020, exports decreased by 14.0% y/y to US$ 266.9mn, after falling 31.3% in previous month and imports fell by 22.0% y/y to US$ 576.3mn after a 36.8% y/y drop in previous month. As a result,... learn more 20July
2020
Weekly market watch July 20, 2020 Trade deficit down 27.7% y/y in June 2020 In June 2020, exports decreased by 14.0% y/y to US$ 266.9mn, after falling 31.3% in previous month and imports fell by 22.0% y/y to US$ 576.3mn after a 36.8% y/y drop in previous month. As the result,... learn more 13July
2020
Weekly market watch July 13, 2020 International reserves down 3.2% y/y and up 0.6% m/m in June 2020 Gross international reserves decreased by 3.2% y/y to US$ 3.6bn in June 2020 according to NBG. Meanwhile, reserves were slightly up by 0.6% (+US$ 23mn) on a monthly basis.... learn more 6July
2020
Weekly market watch July 6, 2020 Real GDP shrinks 13.5% y/y in May 2020 Georgia’s economy contracted by 13.5% y/y in May 2020 after falling 16.6% y/y in previous month, according to Geostat’s rapid estimates. Real growth was down in all sectors reflecting... learn more 29June
2020
Weekly market watch June 29, 2020 NPLs at 2.3% in May 2020 In May 2020, the banking sector loan portfolio increased 15.3% y/y after growing 17.2% y/y in previous month, excluding the exchange rate effect. In unadjusted terms, loan portfolio was up 23.8% y/y and flat m/m to... learn more