Project Description:
PMC Research is working on the applied research project “The regional market assessment in Georgia using components of Smart Specialization” under the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)-supported project “Economic Participation of Internally Displaced Persons and Vulnerable Local Population in the South Caucasus” (EPIC) implemented by Action Against Hunger.
The general objective of the research is to assess the private business sector in Tbilisi and five target municipalities within Kvemo Kartli and Samegrelo-Zemo Svaneti regions. The market assessment should provide information on business trends, gaps in the employment market and key private sector actors as well as opportunities for synergies and linkages. The most concentrated and competitive sectors of the targeted regions will be identified in the process of the research.
By analyzing the market and identifying the most concentrated and competitive sectors of the targeted regions, the assessment will support different groups of society to improve their access to employment, and entrepreneurial and educational opportunities.
To achieve its goals, PMC Research staff are conducting an assessment based on the components of the Smart Specialization methodology. PMC Research is taking the following actions:
On September 9, we presented the findings of the research entitled “Investment and Export Promotion via Diagonal Cumulation between Georgia, Türkiye, and the European Union” at a forum organized by the Ministry of Economy and Sustainable Development of Georgia with the support of the USAID Economic Security Program, the EU, and GIZ.
We recently started working on a new project entitled “Communal Infrastructure for Environment and Tourism Improvement - Lot 2: Accompanying Measures,” aimed at improving the living conditions of people in four Georgian municipalities (Baghdati, Vani, Samtredia, and Kazbegi) through improving the supply of hygienically-sound drinking water and environmentally-safe sanitation infrastructure.
We recently completed a project entitled “Executive Roundtable (ERT) Session on Non-Profit Budgeting Process,” carried out by the USAID HICD Activity and implemented by the Kaizen, Tetra Tech company, aiming to facilitate collaboration, collective learning, and organizational development in the non-profit budgeting process with a cohort of selected organizations, including the Georgian Young Lawyers Association (GYLA), the Georgian Institute of Politics (GIP), and the Georgian Association of Social Workers (GASW).
On September 19-23, the International Consortium on Governmental Financial Management (ICGFM) is hosting the 2022 International Conference at the University Club of Washington DC, offering the first opportunity in over two years for the global PFM community to gather in-person to network and connect with leading professionals and colleagues from across the world, in a unique and distinguished setting.
On July 28, PMCG supported a workshop organized by the EU and the Ministry of Environmental Protection and Agriculture of Georgia as part of the project “Support to Environmental Protection and Fight Against Climate Change in Georgia.”
In May 2025, the number of persons receiving a monthly salary increased by 1.5% YoY. However, the YoY growth rate slowed by 2.8 percentage points compared to May 2024. In May 2025, the share of persons receiving a monthly salary of 2,400 GEL or more increased by 4.9 percentage points YoY, while the share of those receiving up to 600 GEL declined by 2.3 percentage points. In May 2025, the total number of vacancies published on jobs.ge declined by 5.1% YoY, but increased by 10.8% MoM.
The Business Association of Georgia (BAG) Index is a joint product of the Business Association of Georgia, PMC Research Center, and the ifo Institute for Economic Research. The BAG Index summarizes the BAG Business Climate, BAG Employment Barometer, and BAG Investment Environment, which are calculated according to the assessments of the top managers of BAG member businesses and companies in their corporate group. BAG and PMC Research Center publish the BAG Index on a quarterly basis from Q4 2019.
The latest issue of Economic Outlook and Indicators in Georgia highlights recent improvements in the labor market while also addressing emerging challenges. In this bulletin, we explore key labor market developments and provide a comprehensive overview, including: • Key labor market indicators • Beveridge curve analysis • Employment by economic sectors and foreign nationals • Salaries of paid employees • Vacancies posted on Jobs.ge
Our latest monthly publication, Employment Tracker, offers insights into recent developments in Georgia’s labor market. In April 2025, the number of persons receiving a monthly salary saw an increase of 2.2% compared to the same period of 2024. However, the YoY growth rate slowed by 2.6 percentage points compared to April 2024. In April 2025, the total number of vacancies posted on jobs.ge decreased by 16.6% YoY. Over the past 3 months (from February 2025 to April 2025), the administration and management category saw the largest YoY decrease (–21.8%), contributing the most to the overall decline.
Georgia’s economy demonstrated robust average YoY growth of 9.3% in Q1 of 2025 (rapid estimate), sustaining strong momentum after 9.5% growth in 2024. Issue 8 of the Macro Overview examines key aspects of Georgia’s economy and beyond, including: • Economic Growth; • Economic and Business Climate; • Key Macroeconomic Indicators; • Labor Market; • External Sector; • Global Economic Trends.