Quarterly Tourism Update (Tourism Indicators in 2024)
18-Mar-2025
In 2024, a total of 6.5 million international visits to Georgia were recorded, a 4.6% increase YoY, driven by a 9.0% rise in overnight trips, while same-day trips declined by 9.2%.
In 2024, visits from the EU and the UK totaled 438,414, a 3.8% increase YoY. However, the number of visits from the EU and the UK declined every quarter from Q1 of 2024 onwards.
In 2024, there were 2.2 million outbound visits made by Georgian residents, a marginal 0.1% increase YoY. Notably, outbound visits declined YoY in both Q3 and Q4 of 2024.
Foreign Assistance to Ukraine (2022-2024)
10-Mar-2025
From the beginning of the war in February 2022 up until 31 December 2024, the international community has committed a total of €399.8 billion to Ukraine, with the majority (52%) designated for financial assistance, 42% for military assistance, and 6% for humanitarian assistance.
Of the committed assistance, 67% (€267.2 billion) has already been allocated.
The US leads the way in terms of total commitments, with 96% of its pledged assistance already allocated.
Georgian Economic Climate (Q1, 2025)
06-Mar-2025
In Q1 2025, surveyed Georgian economists negatively assess Georgia’s present economic situation, and their expectations for the next six months are also negative.
They believe that the political crisis had the most significant impact on the Georgian economy in Q1 2025.
The reduction in foreign assistance, including that from the United States Agency for International Development (USAID), was assessed negatively by 97% of the surveyed economists in terms of its effects on Georgia’s economic and political climate.
Employment Tracker (January, 2025)
25-Feb-2025
Our latest monthly publication, Employment Tracker, offers insights into recent developments in Georgia’s labor market.
In January 2025, the number of persons receiving a monthly salary increased by 4% YoY.
In January 2025, the total number of vacancies published on jobs.ge decreased by 9% YoY.
In Q4 of 2024, labor market efficiency slightly increased as the seasonally adjusted unemployment rate declined slightly, while the job openings rate dropped significantly.
Issue 150: Vocational Education in Georgia
10-Feb-2025
The latest issue of Economic Outlook and Indicators in Georgia, analyzes Vocational Education in Georgia (2019 – 2023):
State expenditure on VET tripled between 2017 and 2024, with its share in total education spending rising from 3.1% to 4%.
From 2017 to 2023, the number of registered students increased; however, the number of admitted students has not risen correspondingly, leading to a widening gap between registered and admitted students.
The transition from secondary school to VET remains challenging, with 10.6 times more students opting for higher education, albeit the number of registered VET students has grown.
