Georgia's economy is highly resilient to global shocks - IMF highlights this at every meeting l NBG President
“We were keen to hear views on how the new geopolitical challenges will affect the global economy, so that we can determine our next steps accordingly. We are ready for any scenario that may unfold,” said President of the National Bank of Georgia Natia Turnava, speaking in Washington following a meeting with Jihad Azour, Director of the IMF’s Middle East and Central Asia Department.
The two sides discussed Georgia’s fiscal and monetary policy, the macroeconomic situation, and prospects for future cooperation with the IMF.
Turnava noted that Georgia’s economy is proving highly resilient to various shocks, including risks arising from the acute geopolitical tensions in the Middle East, and those connected specifically with Iran. She added that the IMF consistently underscores Georgia’s economic resilience at every meeting.
According to the National Bank President, the country possesses sufficient resources, historically high international currency reserves, a low fiscal deficit, and robust economic growth to navigate the new global challenges.
She also emphasised that engaging in dialogue about the current profound uncertainty and its potential impact on the global economy is of great importance, as it allows Georgia to plan its next steps and policies on a solid and well-informed basis.
“We have put in place adequate measures that we can deploy to ensure macroeconomic stability is maintained at all times,” Turnava added.
The annual forum brings together IMF and World Bank governors and alternate governors, representatives of the financial sectors of the majority of the world’s countries, central bank governors, finance ministers, and private sector executives. The spring session addresses issues of global significance, including the world economic outlook, poverty reduction, economic development, financial stability, cybersecurity, and financial technology.
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Wheat production decreases, while barley increases in 2025 - GeoStat
15.04.2026.17:21
According to preliminary data for 2025 from the National Statistics Office of Georgia (GeoStat), wheat production decreased by 3.6 per cent compared to the same period last year, reaching 143.7 thousand tonnes. Barley production, on the other hand, increased by 24.8 per cent year-on-year, amounting to 60.4 thousand tonnes. Maize production stood at 200.2 thousand tonnes, representing a 5.3 per cent decline compared to the same period in 2024. Potato production fell by 6.1 per cent, totalling 207.9 thousand tonnes. Additionally, vegetable production amounted to 146.3 thousand tonnes, reflecting an increase of 8.9 per cent compared to 2024.
GeoStat reported that the average yields of potatoes and vegetables have declined compared to the previous year, while the average yields of barley and maize have risen.
According to the survey results, the average yield of wheat was 2.9 t/ha, the average yield of barley was 2.7 t/ha, the average yield of maize was 3.1 t/ha, the average yield of potato was 14.5 t/ha, and the average yield of vegetables was 10.6 t/ha.
At the same time, the GeoStat reports that in 2025, sown areas of annual crops amounted to 184.3 thousand hectares, which is 3.8 per cent less than the same period of the previous year. However, the sown area of winter crops decreased by 1.3% and consisted of 60.4 thousand hectares, and the sown area of spring crops decreased by 4.9% and consisted of 123.9 thousand hectares.
The sown area of maize took the biggest share in the sown areas of annual crops and equalled 65.3 thousand hectares. Sown area of wheat was 49.4 thousand hectares, sown area of barley – 24.0 thousand hectares, sown area of potato – 14.3 thousand hectares, sown areas of fodder crops – 10.3 thousand hectares, sown area of vegetables – 10.8 thousand hectares and sown areas of the remaining crops 10.2 thousand hectares.
According to the preliminary data, in 2025, 205.6 thousand tons of fruit (except grapes and citrus) were produced in the country, which is 15.6 per cent less than in the same period of the previous year. As for the distribution of fruits by species during the reference period, 72.3 thousand tons of pome fruit were produced, which is 19.3 per cent less than in the same period of the previous year.
Production of stone fruit consisted of 53.3 thousand tons (30.5% lower), production of nuts – 53.9 thousand tons (2.7% higher), production of subtropical fruit – 17.4 thousand tons (1.2% higher) and Berries – 8.7 thousand tons (16.0% higher).
In 2025, grape production reached 347.4 thousand tonnes, marking an 8.3 per cent increase compared to the previous year, while citrus production amounted to 55.0 thousand tonnes, a slight decrease of 0.4 per cent from the previous year.