Economic Effects
How is the economy doing? Georgian Economic Performance Index (G-EPI)
G-EPI is a combined indicator that examines the overall performance of a country’s economy and reports deviations from the desired level of economic performance. The desired level of selected macro variables are defined based on the benchmarks given in the new social-economic 10-year Action Plan of the Georgian Government. G-EPI is comprised of 5 important macro indicators visible below the graph. It is designed for simplicity, making it easier for professionals and laypeople alike to understand and apply to the economy.
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%∆GDP
9.7
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Inflation Rate
10.3
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Export/GDP
51.7
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Current Account Deficit/GDP
4.9
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Budget Deficit/GDP
0.66
How do people feel about the economy? Georgian Economic Sentiment Index (G-ESI)
G-ESI combines consumer and business perceptions about current financial/commercial status and expectations, based on two surveys conducted by ISET Policy Institute: The Consumer Confidence Index (CCI), and the Business Confidence Index (BCI).
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BCI
15.1
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CCI
-34.4
Average Duration of Completed Insolvency Case Proceedings (years)
Source: ecourt.ge | Last updated on: 02.06.2022
Reforms that Affect this Indicator
Durations of Ongoing Insolvency Case Proceedings
Source: ecourt.ge | Last updated on: 02.06.2022
Reforms that Affect this Indicator
Number of Insolvency Cases Filed for Trial Unfinished cases at the beginning of the year and new insolvency cases entered this year
Source: Supreme Court | Last updated on: 02/06/2022
Reforms that Affect this Indicator
Share of Rehabilitation Cases in Total Initiated Insolvency Cases
Source: www.ecourt.ge Note: in the case of old law, we include only those insolvency cases, that were initiated from 7/14/2019 to 3/31/2021.
Reforms that Affect this Indicator
Number of Completed Insolvency Cases
Source: Supreme Court | Last updated: 02/06/2022
Reforms that Affect this Indicator
Certified and Authorized Practitioners 2021
Source: Training Center of Justice, National Bureau of Enforcement | Last updated on: 20.09.2022
Reforms that Affect this Indicator
Share of households with internet access
Share of the population by ICT skills
Source: International Telecommunication Union | Last updated on: 03.06.2022
Reforms that Affect this Indicator
Share of population, aged 15+, purchasing or ordering goods/services online By settlement type
Share of population, aged 15+, purchasing or ordering goods/services online By age group
Local E-commerce, annual Mln GEL
Source: National Bank of Georgia | Last updated on: 01.06.2022
Reforms that Affect this Indicator
Ratio of local E-commerce to retail trade
Source: National Bank of Georgia, Geostat | Last updated on: 01.06.2022
Reforms that Affect this Indicator
Number of E-commerce terminals
Source: National Bank of Georgia | Last updated on: 03.06.2022
Reforms that Affect this Indicator
Share of foreign card payments in local E-commerce
Source: National Bank of Georgia | Last updated on: 08.06.2022
Reforms that Affect this Indicator
Ratio of local E-commerce to total E-commerce Total E-commerce includes local E-commerce as well as online operations carried out abroad using Georgian cards
Source: National Bank of Georgia | Last updated on: 08.06.2022
Reforms that Affect this Indicator
Water abstraction* from natural water bodies (mln m3) * Water use for hydroelectricity generation purposes is excluded.
Source: Geostat | Last updated on: 03.06.2022
Reforms that Affect this Indicator
Water Use (mln m3) * Water use for hydroelectricity generation purposes is excluded.
Source: Geostat | Last updated on: 03.06.2022
Reforms that Affect this Indicator
Losses of water during transport in residential sector (%) Percentage share in water supplied by water supply industry
Source: Geostat | Last updated on: 03.06.2022
Reforms that Affect this Indicator
Losses of water during transport in residential sector (mln m3)
Source: Geostat | Last updated on: 03.06.2022
Reforms that Affect this Indicator
Water Losses in the Irrigation Systems (mln m3)
Source: Georgian Amelioration | Last updated on: 10.08.2023
Reforms that Affect this Indicator
Water Losses in the Irrigation Systems (%) Percentage share in water supplied by water supply industry
Source: Georgian Amelioration | Last updated on: 10.08.2023
Reforms that Affect this Indicator
Polluted wastewater (%) Percentage share of wastewater discharged into the surface bodies
Percentage of population connected to a wastewater collecting system
Source: Geostat | Last updated on: 03.06.2022
Reforms that Affect this Indicator
Percentage of population connected to wastewater treatment facilities
Source: Geostat | Last updated on: 03.06.2022
Reforms that Affect this Indicator
Wastewater discharge into surface water bodies (mln m3)
Source: Geostat | Last updated on: 03.06.2022
Reforms that Affect this Indicator
Number of RIA Reports (2010-2022)
Source: Author's calculations | Last updated on: 28.02.2023
Reforms that Affect this Indicator
Percentage of population connected to water supply industry
Source: Geostat | Last updated on: 03.06.2022
Reforms that Affect this Indicator
The number of RIA reports by the authors
Source: Author's calculations | Last updated on: 28.02.2023
Reforms that Affect this Indicator
Number of RIA reports by policy areas
Source: Author's calculations | Last updated on: 28.02.2023
Reforms that Affect this Indicator
Share of Publicly Available RIA reports
Source: Author's calculations | Last updated on: 28.02.2023
Reforms that Affect this Indicator
International Visitor Trips
Source: Georgian National Tourism Administration | Last updated on 18.05.2023
Reforms that Affect this Indicator
International Tourism Receipts
Source: Georgian National Tourism Administration | Last updated on 18.05.2023
Reforms that Affect this Indicator
Share of International Visits by Income Groups of Countries
Source: Author’s calculations based on data from GNTA & World Bank | Last updated on 18.05.2023
Reforms that Affect this Indicator
Expenditure Structure (GEL)
Source: Georgian National Tourism Administration | Last updated on 18.05.2023
Reforms that Affect this Indicator
Tourism Activities of International Visitors
Source: Georgian National Tourism Administration | Last updated on 18.05.2023
Reforms that Affect this Indicator
Utilization of a Tourist Package
Source: Georgian National Tourism Administration | Last updated on 18.05.2023
Reforms that Affect this Indicator
Level of Tourist Satisfaction
Source: Georgian National Tourism Administration | Last updated on 18.05.2023
Reforms that Affect this Indicator
Visitors in Protected Areas
Source: Georgian National Tourism Administration | Last updated on 18.05.2023
Reforms that Affect this Indicator
Share of domestic debt in the total public debt
Source: Ministry of Finance | Last updated on 02.06.2023
Reforms that Affect this Indicator
Outstanding corporate bonds denominated in GEL to GDP Ratio (including bonds issued by international financial institutions)
Source: NBG, GeoStat | Last updated on 02.06.2023
Reforms that Affect this Indicator
Stock Market Capitalization-to-GDP Ratio
Source: Georgian Stock Exchange, GeoStat | Last updated on 02.06.2023
Reforms that Affect this Indicator
Weighted Average Maturity of Government Securities
Source: Ministry of Finance | Last updated on: 02.06.2023
Reforms that Affect this Indicator
Total Listed Companies on the Stock Exchange Admission of Stocks to the Trading System of the Georgian Stock Exchange
Source: Georgian Stock Exchange | Last updated on 02.06.2023
Reforms that Affect this Indicator
Non-bank financial sector’s share in the total assets held by the financial sector
Source: NBG | Last updated on 02.06.2023
Reforms that Affect this Indicator
Total Pension Fund Assets (Mln. GEL)
Source: NBG, Pension Agency | Last updated on 02.06.2023
Reforms that Affect this Indicator
Portfolio Investment in Debt Securities (Mln. USD)
Source: NBG | Last updated on 02.06.2023