Issue 19: External Trade - 2013
11-Feb-2014
In 2013 the negative external trade balance decreased (-9.1%, -500 mln. USD) compared to the corresponding indicator in 2012. In the mentioned period, the volume of export increased significantly (22.4%, 532 mln. USD), while the volume of import almost remained unchanged (0.4%, 32 mln. USD). In 2013, the external trade turnover with EU countries increased (3.5%, 97.8 mln. USD).
Issue 18: Tax Revenues - 2013
04-Feb-2014
The completion rate of state budget in 2013 is 91%.Correspondingly, there is the lack of 608.9 mln GEL in state budget.
In 2013 Budget revenue decreased (-2.1%) compared to 2012. Tax Revenue (-0.2%) as well as grants (-23.3%) and other revenues (-13.3%) also decreased.
Issue 17: Tax Revenues - January - November 2013
23-Jan-2014
The completion rate of state budget in 2013 is 90.9%.Correspondingly, there is the lack of 632.3 mln. GEL in state budget1.
During the three quarter of 2013, the indicator of Tax burden (tax revenues/GDP) (25.3%) has not changed much in comparison with the corresponding indicator for 2012 (25.7%).
In November 22013, tax revenues increased in comparison with the November 2012 (3.6%).
Issue 16: GDP and Foreign Direct Investments - III quarter 2013
19-Jan-2014
In the third quarter of 2013, real GDP increased (1.4%) in comparison with the corresponding indicator in 2012. The largest growth was in agriculture (9.5%) and the largest reduction was in construction (-16.9%) sectors. In the third quarter of 2013, the volume of foreign direct investment increased significantly (19.9%). Thus, the lack of FDI was not the reason of reduction GDP growth rate.
Issue 15: Banking Sector - January, October 2013
25-Dec-2013
This issue of “Economic Outlook and Indicators” analyzes the banking sector in the period of January-October 2013.
In October 2013 the volume of deposits, as well as the volume of loans to the National economy increased ( 22.6%; 12.6%)
in comparison with the indicators of the corresponding period in 2012.
Issue 14: Tax Revenues - January, October 2013
05-Dec-2013
This issue of “Economic Outlook and Indicators” analizes tax revenues in the period of January-October 2013 in comparison with the corresponding period in 2012. In October 2013, tax revenues reduced in comparison with the October 2012 (-10.5%). Revenues from VAT, Excise and Import taxes declined (-24.8%; -10.7%; -19.1%) and the revenues from Income, Profit and Property taxes (10.9; 47.9%; 9.7%) increased.
Issue 13: Gross Domestic Product by Economic Sectors - I-II quarters, 2013
14-Nov-2013
The growth rate of GDP in the first two quarters of 2013 is 1.9 %, which is lower than the indicator of the same period of 2012 (7.5%). It’s under the question to achieve the growth rate projected by either the Government of Georgia (6%, 4%) or by IMF (2.5%) for 2013. The structure of GDP by sectors did not change during the first two quarters of 2013.
Issue 12: Tax Revenues - January, August 2013
15-Oct-2013
This issue of “Economic Outlook and Indicators” analizes revenues from VAT, income, profit and excise taxes in the period of January-August 2013 in comparison with the indicator of the corresponding period in 2012. In August 2013, tax revenues reduced in comparison with the indicator of August 2012 (-6.7%).
Issue 11: Foreign Direct Investments - II quarter, 2013
30-Sep-2013
In the second quarter of 2013, foreign direct investment increased in comparison with the corresponding indicator in 2012 (1.5%), as well as in comparison with the same indicator in the first quarter of 2013 (12.7%). It should be noted that in this period the growth rate of FDI,in comparison with the corresponding indicator in the previous year, was positive (1.5%) after the first quarter of 2012.
Issue 10: Tax Revenues - January-July, 2013
19-Sep-2013
This issue of “Economic Outlook and Indicators” analyses revenues from VAT, income, profit and excise taxes in the period of January-July 2013 in comparison with the indicator of the corresponding period in 2012. In July 2013, tax revenues increased in comparison with the indicator of July 2012 (0.9%).
