Georgia and Kazakhstan
14-Jan-2025
Georgia and Kazakhstan share strong ties rooted in the historic Silk Road. Today, the countries are connected by the Trans-Caspian route and the Middle Corridor, interest in which has grown in recent years. Since 2022, Georgia has strengthened its relations with Kazakhstan, with new logistics agreements and crucial advances in transport and infrastructure, making Kazakhstan a key trade partner.
The second issue of the Profile of Bilateral Relations offers an in-depth exploration of key topics of the trade relationship between Kazakhstan and Georgia:
Historical Background
Bilateral Trade Between Georgia and Kazakhstan
Identifying Profitable Products for Trade
Transportation Trends
Common Trade Routes Between Georgia and Central Asia
The Middle Corridor
Future Outlook
The full policy paper, “Facilitating Trade with Central Asia: Georgia’s Role as a Transit Corridor“, is available in Georgian.
Hotel Price Index (December, 2024)
30-Dec-2024
In Georgia, the average cost of a room in a 3-star hotel was 154 GEL per night in December 2024, while the average cost of a room in a 4-star hotel in Georgia was 238 GEL per night and the average cost of a room in a guesthouse was 110 GEL per night.
The average cost of a room in a 5-star hotel in Georgia in December 2024 was 444 GEL per night. In Mtskheta–Mtianeti, the average price was 928 GEL, followed by Tbilisi – 580 GEL, Kakheti – 568 GEL, and Samtskhe-Javakheti – 371 GEL.
Employment Tracker (November, 2024)
24-Dec-2024
Our latest monthly publication, Employment Tracker, offers insights into recent developments in Georgia’s labor market.
November marked the largest YoY decrease in 2024 in the total number of vacancies published on jobs.ge (-9%).
In November 2024, the total number of people receiving a monthly salary reached 1 million for the first time.
In Q3 of 2024, the labor market efficiency decreased as both the seasonally adjusted unemployment rate and the job openings rate increased.
Please refer to the full publication for more insights.
Quarterly Tourism Update (Q3, 2024)
18-Dec-2024
In Q3 of 2024, Georgia recorded 2.4 million international visits, marking a slight 2% rise YoY, primarily attributed to a 15% decrease in same-day trips, while overnight trips increased by 8%.
In Q3 of 2024, outbound visits declined by 7% YoY, possibly due to rising travel costs, particularly in Türkiye, the top destination for Georgian outbound visitors, where inflation led to a 68% YoY increase in hospitality costs.
Over two years, 125,000 people attended performances as part of the “Starring Georgia” series, while income generated from ticket sales amounted to GEL 21.4 million, with tourists contributing 16%.
Hotel Price Index (November, 2024)
05-Dec-2024
In Georgia, the average cost of a room in a 3-star hotel was 153 GEL per night in November 2024, while the average cost of a room in a 4-star hotel in Georgia was 232 GEL per night and the average cost of a room in a guesthouse was 111 GEL per night.
The average cost of a room in a 5-star hotel in Georgia in November 2024 was 443 GEL per night. In Tbilisi, the average price was 612 GEL, followed by Kakheti – 548 GEL, Guria – 502 GEL, and Mtskheta–Mtianeti – 372 GEL.
