MINISTRY OF ECONOMY
AND SUSTAINABLE DEVELOPMENT
OF GEORGIA

Trend of high economic growth is maintained – the average economic growth for January-September 2025 was determined to be 7,7%. Economic growth amounted to 9,8% in the first quarter, 7,3% in the second quarter, and 6,5% in the third quarter. As for the figures for the last three months: economic growth was determined to be 6,5% in July, 6,6% in August, and 6,4% in September.

The positive trends and high economic growth was recorded in the Georgian economy clearly indicate that, despite external shocks, geopolitical tensions and challenges, the country’s economy maintains its resilience. In September 2025, the turnover of VAT-paying enterprises was increased by 9,2% compared to the figure for the corresponding month of the previous year, while the number of newly registered enterprises amounted to 6 341 units.

In September 2025, the sectors of manufacturing, transport and storage, information and communication, and professional, scientific and technical activities made a significant positive contribution to economic growth. Furthermore, high economic growth in January-September was facilitated by positive trends in foreign trade – exports was increased by 7,7%, amounting to 5,2 billion USD. Growth dynamics were also recorded in tourism revenues during the three quarters of the current year, specifically, revenues from travel (tourism) in January-September was increased by 5,1% year-on-year, equaling to 3,6 billion USD.

It is noteworthy that in 2024, economic growth amounted to 9,4% – Georgia had one of the highest economic growth rates globally, ranking third in the world.

According to the assessment of the international financial institutions and rating companies, the Georgian economy maintains its stability as a result of a prudent macroeconomic policy. The International Monetary Fund (IMF) estimates Georgia’s economic growth for 2025 to be 7,2%. Moreover, international financial institutions have revised and increased Georgia’s economic growth forecasts: according to the IMF’s forecast, Georgia will have the highest economic growth among the countries of the region and Europe in the medium term (2025-2030) averaging to 5,4%. With this rate of average economic growth, Georgia is included in the world’s top 25 countries, surpassing all European countries, EU candidate countries, as well as its neighboring countries.