Key Growth Drivers in Georgia’s Economy: A Look at Q3 2024 Growth
In Q3 2024, Georgia’s economy achieved an impressive growth rate of about eleven percent, with education (+35%), construction (+31%), and information technology (+33%) standing out as the fastest-growing sectors. These
Economic Freedom in Georgia: Regression Risks Following Long-Term Progress
Economic freedom plays a crucial role in fostering economic growth and improving social well-being. High levels of economic freedom encourage business innovation, attract investments, reduce corruption, and create a stable
Bitcoin’s Ascent: How the Rising Cryptocurrency is Shaping Global Asset Markets
Bitcoin’s recent market surge has had a pronounced effect across various asset classes, with its capitalization approaching silver’s at around $1.8 trillion as the end of 2024. This milestone is
Ports of Georgia: Growing Freight Turnover and Potential for Passenger Traffic
Georgia’s seaports and terminals continue to play a pivotal role in the country’s economic development, reflecting their strategic location and growing freight turnover. According to Geostat, 4,121 vessels entered Georgia’s
“Getting Rich Before Growing Old” – Challenges and Opportunities for Georgia
It is crucial for a country to grow rich before becoming an aged society. This formula has worked well for countries like Japan and Italy, which today are considered “rich
The Average Wage is Increasing: What is Its Impact on the Average Employee?
According to data from the National Statistics Office of Georgia, in the third quarter of 2024, the average monthly nominal wage increased by 10.9%, reaching 2,057 GEL. This figure maintains
