• In August 2025, hotel price index in Georgia increased by 3.5% month-over-month (MoM), with the highest growth recorded in Guria, Adjara and Racha. • In August 2025, hotel price index in Georgia increased by 1.1% year-over-year (YoY), with the highest growth recorded in Samtskhe-Javakheti, Shida Kartli and Racha. • Both MoM and YoY growth was mainly driven by rising guesthouse prices in August 2025• The average price of a room ranged from 119 GEL to 553 GEL in August 2025.

In July 2025, the number of persons receiving a salary of 2,400 GEL or more exceeded the number of persons receiving a salary between 1,200 and 2,399 GEL. In July 2025, the highest growth in the number of vacancies on jobs.ge was recorded in IT and programming category, both month-over-month (+11.1%) and year-over-year (+26.8%). In Q2 of 2025, compared to Q1 2025, the efficiency of the labor market remained unchanged, as neither the job openings rate nor the unemployment rate showed a statistically significant change.

• In July 2025, hotel prices in Georgia increased month-over-month (MoM), with the highest growth recorded in Guria and Adjara, followed by Tbilisi. • In July 2025, hotel prices remained unchanged year-over-year (YoY), as decreases in 3-, 4-, and 5-star hotel prices were offset by increases in guesthouse prices. • The average price of a room ranged from 116 GEL to 517 GEL in July 2025.

In June 2025, the number of persons receiving a monthly salary increased by 0.5% month-over-month (MoM) and by 3.4% year-over-year (YoY). In June 2025, the share of persons receiving a monthly salary of 2,400 GEL or more amounted to 32.8%, up 0.9 percentage points MoM and 6.6 percentage points YoY. In June 2025, the number of jobs published on Jobs.ge increased by 6.4% MoM but decreased by 1.0% YoY.

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.

The beverage manufacturing sector, encompassing the production of fruit juices, mineral water, soft drinks, beer, and spirits, has high export potential and a strong presence of small and medium-sized enterprises (SMEs). From 2017 to 2023, Georgia’s total beverage exports grew at a CAGR of 10%, reaching USD 463 million in 2023. Despite overall export growth, the share of exports to the EU declined significantly during this time, particularly for SMEs. Key challenges include limited access to quality raw materials, outdated machinery, a shortage of skilled labor, and logistical constraints, as well as difficulties in meeting EU standards and DCFTA regulations and limited access to financing for export operations.