In 3Q2024, the majority of surveyed companies (64%) do not expect a Volatility of National Currency Exchange Rate against the US dollar in the next 6 months, while the share of companies that expect a depreciation is 28%, - according to the report published by BAg Index.
In 3Q2024, the following five factors were emphasized as the most hindering for business activity: a lack of specialists, legal and administrative barriers, labor shortage, volatility of national currency exchange rate, and weak demand.
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. PMC Research Center publishes the BAG Index on a quarterly basis.
