ISET

On 15 June 2021, the National Statistics Office of Georgia published its annual publication for the agricultural sector - Agriculture of Georgia 2020. According to the publication, agriculture, forestry, and fishing comprised 8.4% of GDP in 2020, higher than the 7.2% share in 2019, but in line with the general trend over the last five years (agricultural GDP comprising on average 7-8% of GDP). Agricultural GDP in nominal terms increased by 13% on an annual basis. While nominally there is quite a significant increase, in real terms, the change amounted to 4%. Compared to 2019, in 2020 the production of cereals increased by 11%, vegetables – by 8%, melons, and hay of annual grasses - by 5% and 4% respectively. As for sunflower, haricot beans, and hay of perennial grasses, their production decreased by 27%, 12%, and 10% respectively.

Production of all permanent crops except citrus increased annually by 8%-94% in 2020 compared to 2019. The biggest increase of 94% was observed in the case of pome fruit (apple, pear, quince), while production of citrus declined by 11%. As for livestock production, wool production increased by 6%, egg and milk production increased by 2% and 1% respectively, while meat production remained unchanged.

In terms of self-sufficiency ratios, there was no change for wheat which has stayed at the 15% mark for the last 4 years. There is a declining trend for maize, as its production is decreasing. The same is true for milk and milk products and vegetables. There has been a slight increase for meat and potatoes over the last 7 years and a slight reduction for eggs. The self-sufficiency rates for grapes and sheep and goat meat exhibit high volatility.

 

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Agri Review Recent Publications


  • JUNE 2021 | AGRI REVIEW

    On 15 June 2021, the National Statistics Office of Georgia published its annual publication for the agricultural sector - Agriculture of Georgia 2020. According to the publication, agriculture, forestry, and fishing comprised 8.4% of GDP in 2020, higher than the 7.2% share in 2019, but in line with the general trend over the last five years (agricultural GDP comprising on average 7-8% of GDP). Agricultural GDP in nominal terms increased by 13% on an annual basis. Read More
  • MARCH 2021 | AGRI REVIEW

    On 29 December 2020, the parliament of Georgia approved the state budget for 2021, which includes allocations of around 18.3 billion GEL. From which the Ministry of Environmental Protection and Agriculture (MEPA) will receive 451.6 million (2.5% of the total budget allocation). MEPA will direct 10 mln. GEL towards the Environmental Protection and Agriculture Development Program (2.2% of MEPA’s total budget), with around 389.6 mln. (86.3% of MEPA’s total budget) to be allocated to agricultural Read More
  • DECEMBER 2020 | AGRI REVIEW

    The COVID-19 pandemic raised concerns about the food security of many countries, in particular import-dependent developing countries like Georgia. Trade restrictions imposed by Georgia’s trade partners tightened the supply of some cereals and vegetables, signalling the risk of an increase in food prices. While there is no formal evidence of food insecurity due to the pandemic, given that Georgia is a net importer of wheat the state subsidized wheat imports, and, according to Georgia’s Wheat Read More
  • OCTOBER 2020 | AGRI REVIEW

    The National Statistics Office of Georgia (GeoStat) recently published its economic review for Quarter II 2020. The publication highlights that agricultural production increased by 4.7% in the second quarter of the year compared to the same period in 2019. Furthermore, agriculture contributed to 10.2% of the country’s total GDP during the same period. In the second quarter of 2020, Foreign Direct Investments (FDI) in agriculture also increased and were almost six times higher than the Read More
  • JUNE 2020 | AGRI REVIEW

    On 15 June 2020, the National Statistics Office of Georgia published its annual publication for the agricultural sector - Agriculture of Georgia 2019. The publication shows that agriculture, forestry, and fishing comprised 7.2% of the nominal GDP in 2019, slightly lower than the 7.8% share in 2018, but in line with the general trend over the last five years (on average 7-8% of GDP). In nominal terms, the output of agriculture increased by 4% in 2019 Read More
  • DECEMBER 2019 | AGRI REVIEW

    On December 10, the parliament of Georgia approved the state budget for 2020. The budget includes allocations of around 14.4 billion GEL. Out of which, the Ministry of Environmental Protection and Agriculture (MEPA) will receive 353 mln. GEL (2.4% of the total budget allocation). MEPA will direct approximately 293 mln. GEL (2.0% of the total budget allocation) towards agricultural development and 60 mln. GEL (0.4%) will be spent on environmental protection. Compared to 2019, the Read More
  • OCTOBER 2019 | AGRI REVIEW

    On 30 August 2019, a public hearing to discuss Georgia’s Rural and Agricultural Development Strategy for 2021-2027 was conducted at the Ministry of Environmental Protection and Agriculture (MEPA). The new strategy document represents a roadmap for Georgia’s rural and agricultural development for the next decade. The strategy outlines three major goals to be achieved by 2027: 1. Increasing the competitiveness of agricultural and non-agricultural sectors; 2. Sustainable management of natural resources, preservation of ecosystems, and Read More
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