PMCG Economic Outlook and Indicators

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PMCG Black Se Bulletin: Black Sea Countries in International Rankings

Group, Policy and Management Consulting (Policy and Management Consulting Group, 2022-02-14)

Black Sea countries, besides their geographical proximity, are very different in political and economic terms, thus forming together a highly heterogeneous region. Meanwhile, regional cooperation is crucial for both the long-term development and prosperity of this region, which has much wider international implications. In this bulletin, we discuss the positions held by Black Sea countries in various ...

Black Sea countries, besides their geographical proximity, are very different in political and economic terms, thus forming together a highly heterogeneous region. Meanwhile, regional cooperation is crucial for both the long-term development and ...
PMCG Monthly Tourism Update Georgia: January 2022

Group, Policy and Management Consulting (Policy and Management Consulting Group, 2022-01-30)

The number of international travelers increased by 471.2% in January 2022, compared to the same period of 2021, and declined by 62.3% compared to the same period in 2019. Meanwhile, the number of international visitors increased by 424.4% (2022/2021) and declined by 59.5% (2022/2019), and the number of international tourists increased by 455.7% (2022/2021) and declined by 46.5% (2022/2019). • In ...

The number of international travelers increased by 471.2% in January 2022, compared to the same period of 2021, and declined by 62.3% compared to the same period in 2019. Meanwhile, the number of international visitors increased by 424.4% (2022/2021) ...
PMCG Average Hotel Prices and Hotel Price Index in Georgia: January 2022

Group, Policy and Management Consulting (Policy and Management Consulting Group, 2022-01-30)

In January 2022, in Georgia the hotel price index3 decreased by 7.2% compared to December 2021. The 3-star, 4-star and 5-star hotel price index decreased by 5.2%, while for guesthouses, the price index decreased by 9.6%. In January 2022, compared to January 2021, hotel prices in Georgia increased by 5.3%. The prices of 3*, 4*, 5* hotels increased by 5.9% and the prices of guesthouses increased by 9.4%.

In January 2022, in Georgia the hotel price index3 decreased by 7.2% compared to December 2021. The 3-star, 4-star and 5-star hotel price index decreased by 5.2%, while for guesthouses, the price index decreased by 9.6%. In January 2022, compared to ...
PMCG Economic growth forecasts in Ukraine: 2022

Group, Policy and Management Consulting (Policy and Management Consulting Group, 2022-01-14)

In 2020, the COVID-19 pandemic and corresponding containment measures saw global economic growth hit harder than at any point in nearly a century. The economy of Ukraine was no exception in this regard. According to the forecasts of PMC RC Ukraine made in November 2020, the Ukrainian economy was predicted to shrink by 5.7% according to the 2020 baseline scenario, and by 3.8% under the optimistic ...

In 2020, the COVID-19 pandemic and corresponding containment measures saw global economic growth hit harder than at any point in nearly a century. The economy of Ukraine was no exception in this regard. According to the forecasts of PMC RC Ukraine made ...