MINISTRY OF ECONOMY
AND SUSTAINABLE DEVELOPMENT
OF GEORGIA

In March 2026, the Georgian economy grew by 10,7%, while the average real economic growth for the first quarter reached 9,1%.

The positive trends and high economic growth recorded in the Georgian economy clearly indicate that despite external shocks, geopolitical tensions, and challenges, the economy maintains its resilience.

In the January-March period, growth was bolstered by positive trends in foreign trade. Exports totaled 1723,7 million USD, which is a 23,4% increase compared to the same period of the previous year, while domestic exports (exports excluding re-exports) was increased by 75,1% during the same timeframe.

In March 2026, the turnover of VAT-paying enterprises was increased by 13,4% compared to the previous year, and the number of newly registered enterprises grew by 2,3%. Despite the ongoing conflict in the Middle East and its negative impact on global tourist flows, tourism revenues in the first quarter of 2026 was increased by 0,5%, reaching a record first-quarter high of 829,8 million USD.