MINISTRY OF ECONOMY
AND SUSTAINABLE DEVELOPMENT
OF GEORGIA

The year 2025 began with high economic activity: economic growth was 9,8% in the first quarter of 2025, average growth in the second quarter reached 7,1%, and economic growth in July was 6,5%. The average economic growth for January-July of 2025 reached 8,0%.

In July 2025, the sectors of transport and storage, information and communication, arts, entertainment and recreation, and trade made significant positive contributions to economic growth.

High economic growth in January-July was also supported by positive trends in foreign trade. In January-July of 2025, exports was increased by 9,0%, reaching 3,8 billion USD. The growth of domestic exports (excluding re-exports) was 2,7% in January-July.
In the second quarter of 2025, revenues from travel (tourism) was increased by 5,0% annually, reaching a record-breaking volume for the second quarter of 1145,0 million USD.

Last year, Georgia’s economic growth was 9,4%. In 2024, Georgia had one of the highest economic growth rates globally, ranking third in the world.

According to the assessments of international financial institutions and rating agencies, the Georgian economy remains resilient as a result of a sound macroeconomic policy. In its updated report in April 2025, the International Monetary Fund (IMF) revised down its economic growth forecasts for global, leading economies and most European countries. Against this background, the IMF increased its economic growth forecast for Georgia from 6% to 7,2% during its mission in Georgia, which indicates the resilience of the Georgian economy to external shocks.

The IMF predicts that among the countries in the region and Europe, Georgia will have the highest economic growth in the medium term, averaging 5,4% in 2025-2030.