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The high growth trend of the Georgian economy continued in the first half of 2025.
According to the Ministry of Economy, economic growth in the first quarter reached 9.8%, while growth in April and May was 7.5%, and 6.3% in June.
Overall, the average economic growth in January–June 2025 was 8.3%.
“The positive trends and strong economic performance indicate that, despite external shocks, geopolitical tensions, and various challenges, Georgia’s economy remains stable and continues to grow steadily. Notably, VAT-paying enterprise turnover increased by 8.7% in June 2025 compared to the same month of the previous year, and 6,188 new enterprises were registered.
In June 2025, key contributors to economic growth included increased activity in the information and communication, education, manufacturing, financial and insurance, and transport and warehousing sectors.
Positive trends in foreign trade also supported growth. Exports rose by 10.4%, reaching USD 640.2 million, while domestic exports (excluding re-exports) increased by 8.4%.
In the second quarter of 2025, income from travel (tourism) rose by 5.0% year-on-year, reaching a record USD 1,145.0 million. International financial institutions and rating agencies continue to assess the Georgian economy as resilient, crediting prudent macroeconomic policies.
In its April 2025 update, the International Monetary Fund (IMF) downgraded growth forecasts for global and European economies but raised Georgia’s 2025 forecast from 6% to 7.2% during its Article IV consultation, highlighting Georgia’s resilience to external shocks.
The IMF projects that between 2025 and 2030, Georgia will achieve the highest economic growth rate in the region and Europe, averaging 5.4%. It is also noteworthy that Georgia’s economy grew by 9.4% in 2024, ranking third globally in terms of economic growth,” the Ministry of Economy stated.
