In the Republic of Austria, c. In Vienna, the Minister of Finance, Lasha Khutsishvili, took part in the session held within the framework of the Central and Eastern Europe Forum, held on January 13, 2026, Tuesday.
During his speech, the Minister of Finance spoke about the current macro-economic situation and fiscal indicators in the country.
As he noted, the economic growth of Georgia significantly exceeds the growth of European countries, which is the result of economic structure, fiscal priorities, and implemented reforms. According to the results of the last 5 years, Georgia’s economy is one of the fastest-growing economies in the world.
According to Lasha Khutsishvili, the Georgian economy has demonstrated exceptional resilience to various types of shocks while maintaining strong macroeconomic and fundamental indicators.
As he noted,
- The average annual growth of the total domestic product (LTD) for 5 years was 9.3%.
- Real growth of total domestic product (GDP) over 5 years – 56%;
- Total domestic product (MSC) per total population (in 5 years) 5000-10 000 US dollars;
- Budget deficit (in 5 years) decreased from 9% to 1.4%;
- State debt (in 5 years) decreased from 60% to 34%;
- The current account deficit (over the past 5 years) decreased from 10% to 3%.
He said these outcomes are supported by structural reforms, which means prudent fiscal and monetary policies that would ensure macroeconomic stability and strong private sector confidence.
Among the driving factors for economic growth, the Finance Minister has named the tourism sector (which generated nearly 50% more than pre-pandemic revenue), the finance sector, information and communication technology, education sectors, construction, and logistics sectors.
“These are the areas that have attracted the majority of foreign direct investment.” “Annually, foreign direct investments mobilized in Georgia are within 6% of total domestic product (SMEs), which is much higher than the average of the world and the EU, – noted the Minister of Finance, Lasha Khutsishvili.
He also emphasized the importance of EMAAR Group’s $ 6.6 billion investment for the development of the country.
As the Minister of Finance noted, the reforms produced in Georgia in recent years have led to a significant increase in the reinvestment rate of local and foreign companies. According to him, most sources of foreign direct investment come from the EU, the UK, and the United States, which account for 80% of the total amount of foreign direct investment.
“I think these facts and figures give a clear answer to how the Georgian economy is developing in this very difficult geopolitical environment,” said Finance Minister Lasha Khutsishvili.
