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Georgia is among world's fastest-growing economies, says Deputy Economy Minister

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“Remarkably high levels of economic activity were recorded in Georgia during the first two months of 2026, with average economic growth reaching 8.4 per cent. Meanwhile, revised figures for 2025 confirm that the country achieved real growth of 7.5 per cent over the course of last year,” announced Vakhtang Tsintsadze, Deputy Minister of Economy and Sustainable Development.

The Deputy Minister further highlighted that between 2021 and 2025, Georgia’s average economic growth stood at 9.3 per cent, while the roughly 3.5 per cent average recorded over the same period by other EU candidate countries.

“It is also worth noting that Moldova’s average economic growth between 2021 and 2025 was 2.5 per cent, meaning Georgia’s growth rate was nearly four times higher. This is reflected in the numbers: Georgia’s GDP per capita, measured by purchasing power parity, now exceeds Moldova’s by approximately 60 per cent,” said Tsintsadze.

Regarding the outlook, the Deputy Minister expressed confidence that Georgia’s robust growth trajectory would be maintained in the coming years, despite the challenges facing the global economy.

“We expect that Georgia will remain a leader in economic growth, not only among the countries of our region and of Europe, but on the global stage as well,” Tsintsadze declared.

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image ADB highlights Georgia's favourable business climate and infrastructure ambitions as growth forecast upgraded - Deputy Economy Minister

10.04.2026.21:24

“The Asian Development Bank (ADB) has published its Asian Economic Outlook report, highlighting Georgia’s strong economic growth of 7.5% in 2025. For 2026, against a backdrop of ongoing regional conflicts, the ADB projects growth of 5.5 per cent, an improvement of 0.5 percentage points on the previous forecast,” Vakhtang Tsintsadze, Deputy Minister of Economy and Sustainable Development, has stated.

The Deputy Minister noted that the report draws particular attention to Georgia’s current account deficit, having fallen to a record low, alongside international reserves reaching a record high.

For 2026, the ADB expects average inflation in Georgia to stand at 3.8 per cent, reducing the previous year’s figure.

“The Asian Development Bank also emphasises that Georgia is striving to establish itself as a trade, logistics, and transport hub. In this regard, the report highlights a series of reforms facilitating improvements to customs procedures and related processes. The Bank further underscores Georgia’s infrastructure achievements, both in port development and rail connectivity,” said Vakhtang Tsintsadze.

According to the Deputy Minister, the ADB report singles out Georgia’s attractive business environment for particular praise, drawing attention to the country’s free trade agreements, as well as the mechanisms in place to safeguard investors’ interests, all of which, taken together, serve to strengthen the confidence of both domestic and international investors and enhance Georgia’s appeal as an investment destination.

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