EBRD increases economic growth forecast for Georgia to 6 per cent

The European Bank for Reconstruction and Development (EBRD) has updated its economic growth forecast for Georgia in 2025, raising it from 4.6% to 6% compared to the September 2024 projection — the highest rate in the Eastern Europe and Caucasus (EEC) region.

In the EEC region, economic growth slowed to 3.9% in 2024 as the effects of intermediated trade and inflows of labor and capital diminished. Growth is expected to decelerate further to 3.6% in 2025 before rebounding to 4.3% in 2026.

The EBRD’s forecast aligns with the Georgian government’s expectations, as the state budget is based on a projected 6% economic growth.

Forecasts for other countries in the region include 5% for Armenia, 3% for Azerbaijan, 2% for Moldova, and 3.5% for Ukraine.

EBRD) has updated its economic growth forecast for Georgia in 2025, raising it from 4.6% to 6% compared to the September 2024 projection — the highest rate in the Eastern Europe and Caucasus (EEC) region.

In the EEC region, economic growth slowed to 3.9% in 2024 as the effects of intermediated trade and inflows of labor and capital diminished. Growth is expected to decelerate further to 3.6% in 2025 before rebounding to 4.3% in 2026.

The EBRD’s forecast aligns with the Georgian government’s expectations, as the state budget is based on a projected 6% economic growth.

Forecasts for other countries in the region include 5% for Armenia, 3% for Azerbaijan, 2% for Moldova, and 3.5% for Ukraine.

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