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Economics
Georgia pays the least for wine imported from Moldova – $0.57/1L

According to statistics, in 2025, Moldova exported 9.55 million liters of wine to Georgia, thus lagging behind only Belarus and Romania in terms of volume. However, Georgia stands out in the top twenty of the ranking with the lowest price per liter – $0.57 per 1 liter, which is almost three times less than Moldova’s world average export price ($1.51).The total value of 9.55 million liters of wine exported to Georgia amounted to $5.49 million. In terms of value, Georgia is in 6th place in the ranking, although with a mark of $0.57 per liter it is the cheapest market in the ranking.For comparison, Romania is the most profitable partner for Moldova – it paid $43.4 million for 15.64 million liters of Moldovan wine and the average price per liter is $2.78. Belarus, which is in first place in terms of volume, accounts for almost a third of Moldova’s total export volume – 31.97 million liters, although the price per liter there is lower and amounts to $0.78 (total value $25.05 million).Other leading countries in terms of volume and value are Poland (3.99 million liters, $1.91/1 liter) and the Czech Republic (4.49 million liters, $1.67/1 liter). According to the study, the highest prices per liter for Moldovan wine are paid by Japan ($3.17), China ($2.98), Nigeria ($2.8) and Romania ($2.78).Overall, Moldova exported 98.38 million liters of wine worth $148.73 million to the world market in 2025, which is equivalent to an average of $1.51 per liter globally. The data shows that Georgia is an important volume market for Moldova, although it belongs to the low-price segment.

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BP to transfer management of Baku-Tbilisi-Ceyhan pipeline to SOCAR

He said the process is taking place within the framework of the contractual obligations between the parties.“We are successfully moving towards fulfilling the contractual obligations set for July 1 and we continue to work in this direction,” Christofoli said.A BP representative emphasized that this decision does not mean that the company is abandoning the project.“This is just a contractual obligation. SOCAR has sufficient experience and capabilities to successfully operate the pipeline. We are very optimistic about the transition process,” he said.The Baku-Tbilisi-Ceyhan oil pipeline was commissioned in 2006 and is the main route for transporting oil from Azerbaijani fields in the Caspian Sea to the Turkish Mediterranean port of Ceyhan. The pipeline is approximately 1,768 kilometers long and passes through the territories of Azerbaijan, Georgia and Turkey.BP has been the operator of the project since its commissioning. BTC is considered one of the most important projects in international energy infrastructure, as it allows the export of Caspian oil to world markets, bypassing the territories of Russia and Iran. SOCAR is one of the largest shareholders in the project and has been trying to strengthen its role in the country's energy infrastructure in recent years.

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Apartments in Batumi have become more expensive, rents have fallen by...

In 1Q26, the number of sold apartments in Batumi, according to the Public Registry, stood at 4,049 units, up 15.8% y/y, of which: Sales on the secondary market, which show real time dynamics rose by 10.1% y/y. Sales on the primary market, where data is impacted by delayed registrations, increased by 21.1% y/y. G&T real-time survey of developers, which captures current trends on the primary market showed a 70.6% y/y increase in the number of sold apartments. PriceIn Mar-26, average turnkey price per square meter on the primary market reached $1,893, up 8.7% y/y. Meanwhile, the average price on the secondary market reached $1,479, up 7.8% y/y. A wide gap between the two markets, large pipeline of ongoing projects and gradually declining rental yield may weigh on the primary market’s ability to sustain the current pace of price growth.RentAverage daily rent (ADR) in Batumi declined by 7.3% in 1Q26, though the market’s performance mostly depends on the summer season. Despite the decline in ADR, rental yield stood at 7.1%, remaining high among peer cities.

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95% of enterprises have access to the Internet

In 2025, 35.5% of employees in enterprises used a laptop or smartphone owned by the enterprise, which provided Internet connection (only for enterprise purposes), while the percentage of enterprises that used a website or website was 15.3%.25.8% of enterprises used at least one social media tool (e.g. Facebook, LinkedIn, X (Twitter), Instagram, YouTube, Snapchat, Pinterest, etc.), while 74.2% of enterprises did not use social media at all.

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Georgia’s real GDP grew by 6.2% in April

GeoStat highlights that, in April 2026, key sectors such as manufacturing, information and communication, transport and storage, trade, and financial and insurance activities all contributed significantly to this growth.Conversely, a downward trend was noted in the construction and mining sectors.

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7.6% of enterprises introduced new goods to the market, while 7.9% - n...

In most cases, innovations in goods and services were developed independently by enterprises (69.1% and 61.5%, respectively). 65.2% of the implemented innovations were new for enterprises, while 34.8% were new to the market.82.5% of new or improved business process innovations by enterprises were developed directly by the enterprise, 23.8% - together with other enterprises or institutions, 23.6% resulted from the adaptation-modification of goods/services developed by other enterprises or institutions, and 18.5% were developed by other enterprises or institutions.When assessing economic activity strategies, 45.9% of enterprises gave high importance to focusing on high quality, 35.9% of enterprises give high importance to focusing on improving existing goods/services, and 36.6% of enterprises give high importance to focusing on satisfying existing customer groups.In addition, in the assessment of the business environment by Geostat, the main challenge was the increase in prices of goods and services, which leads to the loss of customers.

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Occupancy at major brand hotels has increased to 51%, and the average...

Despite weaker visitor dynamics from Azerbaijan and Armenia, the main downward pressure on tourism revenue came from Russia and Israel, where revenues declined by 12% and 13% YoY, respectively. The impact of the Middle East conflict became visible in Israel-related dynamics, with Israeli visitor trips down 17.5% YoY. These losses were offset by stronger revenue growth from the EU and UK (+36%), Türkiye (+12%), and Ukraine (+34%), supporting a modest increase in total tourism revenue to USD 830 million (+0.5% YoY). Although the EU and UK ranked only fourth by visitor numbers, they were the largest revenue contributors, generating USD 141 million and highlighting significantly higher average spending per visitor compared to neighboring source markets. Large branded hotels also showed improved performance in 1Q 2026. Occupancy averaged 51%, up 6 percentage points YoY, while the Average Daily Rate (ADR) reached USD 129, increasing by 10% YoY. ADR was higher in all three months of the quarter compared to the same period of 2025.

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Tbilisi on companies sanctioned by London: Their area of activity was...

According to the Investigative Service, none of the sanctioned companies had Georgia as their area of operation.“Investigation has established that Aifory LLC and ARVIX LLC were fictitiously registered in the names of other individuals in exchange for a certain fee, whilst in reality operating out of Moscow, Russia, and possessing neither assets nor offices in Georgia. In the criminal case on these matters, a court verdict of April 28, 2026, imposed fines of 30,000 lari and suspended sentences on three of the accused, whilst Davit Jinchaladze, the organiser of the criminal scheme, was sentenced to nine years and six months’ imprisonment.Regarding the unlawful activities of Rapira Group LLC, it has been determined that the company, registered via a power of attorney by a British national, operated solely through the website ‘rapira.net’. The site exclusively served Russian citizens, and its domain was registered with a Russian registrar. The company has no recorded banking transactions, assets, or offices on Georgian territory, and its registration was purely formal.The Investigative Service of Georgia’s Ministry of Finance, in coordination with international partners, continues its active work in combating financial and cybercrime, as well as in preventing and suppressing any attempts to circumvent international sanctions,” the statement reads.

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Agricultural production prices increase by 15% y-oy

Compared to the corresponding quarter of the previous year, the unit cost index of agricultural production increased by 15%.The increase in the index was mainly due to an 11.5% increase in the cost of live animals and animal products, which contributed 6.8 pp to the change in the total index.During the same period, the value of annual crops increased by 23.2 percent, and the value of perennial crops by 14.4%, which contributed 3.92 and 4.27 percentage points to the change in the total index, respectively.

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The absolute poverty level in Georgia decreased to 7.1%

In 2025, the absolute poverty rate in urban areas decreased by 1.8 percentage points, amounting to 6 percent, while in rural areas it decreased by 3.0 percentage points, amounting to 9 percent.In 2025, the absolute poverty rate decreased compared to the previous year across all age groups of the population. Specifically, the indicator was 9.2 percent in the age group under 18 years (-2.9 percentage points), in the 18-64 age group – 7.0 percent (-2.3 percentage points), and in the population aged 65 and older – 5.2 percent (-1.5 percentage points).The absolute poverty rate for women decreased by 2 percentage points, while for men it decreased by 2.6 percentage points and amounted to 7.1 percent and 7.2 percent, respectively.In 2025, the share of the population under 60 percent of the median consumption decreased by 1.6 percentage points, amounting to 17.3 percent, while the share of the population under 40 percent of the median consumption decreased by 1.5 percentage points, amounting to 5.2 percent.In 2025, compared to the previous year, the value of the Gini coefficient decreased by 0.01 based on both total incomes and total consumption expenditures, amounting to 0.34.

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