Georgian statistics Organization needs to re-establish trust
03 March, 2011
Georgian statistics Organization needs to re-establish trust

Geostat, official statistics body of Georgia, assesses its yearly work as positive but acknowledges that it still lacks trust and needs to work hard to this end.
Geostat, having changed its status as a governmental body into public law entity a year ago, reported on results of reform undertaken at the official statistic body during a year on February 23, 2011.
According to Zaza Chelidze, Director Executive of Geostat,   a lot of reforms have been implemented at Geostat during a

“The first and most important reform was adoption of the modern standard of information dissemination, as well as sophistication of research methodology. We work with international organizations and statistics bodies very intensively and plan to launch new projects,” Chelidze stated and stressed that the out of problems they faced during the reported year lack of trust is the key point. He accentuated that there was less trust toward the official statistics body for years, and this problem still needs to be solved.  He promised to work hard to this end.
According to Chelidze, during a year a new web-page of Geostat was worked out, also key methodologies of calculation price, employment, subsistence minimum, national accounts and Foreign Direct Investments are worked out and put at the web-page.  Geostat top official assured that the statistic researches became much more sophisticated and operative, and that based on World Bank’s Statistic Capability Indicator  index 2010 Georgia got 94 scores out of 100 while the average data for developing countries is 64. Geostat also joined Special Data Dissemination Standard (SDDS) of the International Monetary Fund.
According to Soso Archvadze, an independent economic analyst and former head of statistics body, the lack of trust toward Geostat is reasoned by lack of comprehensive information, its calculation methodology and lag in time.
“What they calculate is more or less in line with the international standards but there is a deficit of comprehensive information. In some cases they have database of certain information that is important to consumer but Geostat does not work out these data, sometimes they simply do not have due data,” he told Georgian Journal.
For example Geostat still has not provided by data for households-related works and expenses for 2009-10, the data of employment lacks employment structure based on separate sectors of economy.
“We live in the epoch of information and we must not learn information after 6-9 years, provision by operative information is crucial for government and lag in time of information provision should be eliminated. We joined the IMF’s SDDS but do not belong to the number of developed countries from many positions [of SDDS] point of view,” Archuadze elaborated.
Out of about thousand indicators of EU statistics standards Georgia responds to only 45% while one of the key demands of EU toward Georgia that strives to conclude free trade agreement with EU is streamlining with EU statistics and no country is supposed to become serious trade partner to EU without full harmonization statistics standards.
Statistics body is supposed to provide with information that should be interesting to government, potential investors and ordinary people alike so as to create a demand for statistics information.
“Statistics includes potential trends that cannot be discerned on the surface but are crucial and everybody must know what is going on in the country for all what happens is due to lack of objective information provision of which is function of statistics body. It must work out information on regions [that is still mising], and hold seminars for media to raise awareness of the society, if they fulfill everything they will gain trust,” Archuade concluded.

Other Stories
Doing business in Georgia has become easier than in America
According to the Doing Business 2019 report published by the World Bank, Georgia ranked 6th among 190 countries in terms of simplicity of doing business. This was an improvement over two ranks compared to last year.
Innovative and reliable online shop in Georgia -
Status of Georgia as a business and tourism interesting country is growing from year to year.
Tbilisi TV Broadcasting Tower – Better than the Eiffel Tower?
It is planned to renovate the Tbilisi TV Broadcasting Tower, one of the landmarks in the capital.
Georgian Fusion Menu by The Biltmore Hotel Tbilisi
5,895,914 international visitors have visited Georgia between January and August of 2018. Compared to the previous year the number has increased by 12.2 per cent.
Advertising of gambling and lucrative games may become banned in Georgia
Advertising of gambling and lucrative games may become banned in Georgia. Those who violate the new rule would be fined GEL 10 000.
Lebanese café-lounge Beirut opens in Tbilisi
What is necessary to organize an unforgettable event? – Fun, emotions, lots of surprises, good music and delicious menu.
Georgia second among the fastest growing tourist destinations in Europe
Georgia is among the fastest growing tourist destinations in Europe. The data is published by the UN World Tourism Organization.
Bitmain launches world digital mining summit in Tbilisi, Georgia
Bitmain CEO Jihan Wu and Roger Ver, CEO of Head Speaker List featuring Circle, and Genesis Mining when Digital Mining Leaders Convene In Tbilisi on September 21-23
TBC Bank and Gazelle Finance have teamed-up to support Medical City, a leading healthcare provider in the western region of Georgia to launch the Western Regional Center Of Modern Medical Technologies.
Equivalent to buried treasure – resources that are underused in Georgia
For 2018 the IMF Commission has forecast an annual economic growth for the Georgian economy of about 5,5%.
Does the quality of Georgian wine increase and how the export affects it
If we look at the data collected about modern Georgian wine, we will find out that the Georgian wines produced between 2015-2017 are much better in terms of their quality and Oenologic features rather than the wines produced between 2009-2011.
Japan simplifies the visa requirements for Georgian citizens
Diplomatic and economic relations between Georgia and Japan are now moving to a new phase. Recently Japan has decided to simplify the visa requirements for Georgian citizens.
M&S (Marks and Spencer) and H&M collections to be produced in Georgia
Garments manufacturer MGMTEX will start production of the M&S and H&M trendy collections from this September.
The World Digital Mining Summit to be held in Georgia
The summit is scheduled to take place between 21st-23rd September in the Hualing Hotel, Tbilisi, Georgia.
Galt and Taggart - Tourism Boom Continues in Georgia
Tourism has become one of the key drivers for the Georgian economy. Galt and Taggart has recently published research about the Georgian tourism sector in the first half of 2018.
"The worst dream for Putin is that Russians want to live in Georgia"
This year, visitors to the Adjara region would notice that there is a boom in construction in and around Batumi.
Underground gas storage facility to be built in Georgia
KfW, a German government-owned development bank signed a EUR 150 million promotional loan with the state-owned Georgian Oil and Gas Corporation (GOGC) for the construction of the first underground gas storage facility in Georgia.
New gambling rules for Georgia
Georgian lawmakers are preparing a new draft law relating to online-casinos and gambling that will seek to curb gambling addiction in Georgia.
How expensive is it to visit Georgia?
The Georgian Lari (GEL) is the official currency of Georgia and is the only legal means of payment in the entire territory of Georgia.
Trade with the EU and the Commonwealth of Independent States (CIS) has grown significantly
Trade with the EU and the CIS has grown by 26% and 33.5 % respectively, says GeoStat, the Georgian National Statistics Office.
The unemployment rate decreases in Georgia
The unemployment rate decreased in Georgia by 1,9% and amounted to 12.1% in the 2nd quarter of 2018 compared with the previous quarter,
Memorandum of Understanding to be signed between Georgia and Malaysia
According to the Georgian Ambassador to Malaysia Nikoloz Apkhazava, Georgia plans to sign a Memorandum of Understanding (MoU) with Malaysia.
“Blauenstein Georgia” due to expand in Georgia
“Blauenstein Georgia” is planning to open more shops in Georgia. It is an agriculture company that sells meat products, meat and convenience food.
The amount of Direct Foreign Investment rises in Georgia
According to the information of the National Statistics Office of Georgia, the amount of direct foreign investment in Georgia has risen
It’s going to get  harder for foreigners to get residence permit in Georgia
It’s going to get harder for foreigners to get permit of residence in Georgia.
Exchange Rates
GEL Exchange Rate
Other Stories
Recently Toyota rolled out Global Campaign under this slogan that reflects the Olympic and Paralympic Spirit of Encouragement,
A couple from Switzerland combines Swiss tradition and technology with Georgian products. Their cheese is made in the Georgian mountains and sold in local stores and hotels.
It has been more than five years since the residents of Lilo village, near Tbilisi, cannot open their windows.
63 000 GEL was received by the Georgian Agro Export Group which is just a small part of the European Neighbourhood Programme for Agricultural and Rural development.
Georgian entrepreneur Guka Tavberidze, who runs his own business in the UK and does it quite well, has been invited by BBC
The grand opening of 7-star The Biltmore Hotel Tbilisi took place in Georgia’s capital on July 31.
DUSHETI, Georgia – The Georgian government and the World Bank will allocate USD 5.6 million (12 million GEL) to fund
A new Georgian clothing brand named Person has emerged in Georgian market.
Georgia is in the midst of an economic maelstrom, Euronews reports.
Situation at Georgia’s mineral water market is interesting: over the last year, the volume of export has grown by 56 percent. According to “GeoStat”, over $114 million worth of mineral water was sold
GEL Exchange
November 2018
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30