MINISTRY OF ECONOMY
AND SUSTAINABLE DEVELOPMENT
OF GEORGIA

Rating agency S&P Global left Georgia’s sovereign credit rating unchanged at the BB level with a stable outlook. According to Deputy Minister of Economy and Sustainable Development Vakhtang Tsintsadze, the rating agency focuses on the strong macroeconomic policy being implemented in Georgia. “The result of this is the high economic growth recorded in Georgia in recent years. S&P expects 5,4% economic growth in 2026, although we believe that economic growth will be higher. Recently, there have often been cases where economic growth forecasts have been revised upwards” – the Deputy Minister explained.

According to Vakhtang Tsintsadze, the rating agency emphasizes strong monetary and fiscal policy in Georgia – its expectation is that inflation in 2026 will be within an average of 3,5%.

The rating agency positively assessed expectations toward the country’s business environment and foreign direct investment. As the Deputy Minister noted, S&P emphasized the positive effect of the development of the Eagle Hills project on economic growth. Furthermore, the rating assessment highlighted the record level of international foreign exchange reserves as of 2026. 

“All of the above gives us a solid basis to assume that in the coming years economic growth will be quite high and Georgia’s economy will be attractive for both international and local investors in terms of making investments” – the Deputy Minister noted.