MINISTRY OF ECONOMY
AND SUSTAINABLE DEVELOPMENT
OF GEORGIA

The rating agency Fitch has affirmed Georgia’s sovereign credit rating unchanged at "BB" with a stable outlook. The agency notes that the supporting factors for the rating are high economic growth, strong economic development trends compared to other "BB" rated peers and a credible macro-fiscal policy.

In its report, the rating agency focuses attention on high and sustainable economic growth. Fitch expects economic growth of 6,5% in 2026, which will move closer to 5% in the medium term, a figure significantly higher than the median indicator of BB-rated countries.

The agency notes that the structure of economic growth is balanced and diversified, supported by investments, consumption, and net exports. The agency’s assessments highlight positive trends in terms of macroeconomic stability.

Fitch also points to the strengthening of the external sector, among which the following are noteworthy: the halving of the current account deficit supported by net exports, a reduction in dollarization, and the growth of international reserves, which reached a record high of 6,5 billion dollars in April 2026.