RUSTAVELI PROPERTIES
Proprietary index

Georgia Macro Risk Index — macroeconomic risk

Composite macro-risk score for a real-estate investor: inflation, policy rate, public debt, sovereign rating, GEL/USD volatility.

Latest value · 2025
34
Change since 2020
-41.4%
Cadence
Quarterly
0 = très faible risque, 100 = très élevé

History

Formula

Weighted average normalised to 100: inflation (25%), NBG policy rate (20%), debt/GDP (20%), S&P/Fitch rating (20%), 12m GEL/USD volatility (15%).

Components

Annual inflation
25%
1.1%
Geostat 2025
NBG policy rate
20%
8.0%
NBG 2025
Public debt / GDP
20%
38.5%
MoF 2025
S&P rating
20%
BB
S&P 2025
12m GEL/USD volatility
15%
6.4%
NBG 2025
Interpretation

Macro risk has steadily declined since 2022 thanks to disinflation and lower debt. Best profile of the last decade.

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