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Sunday, August 31, 2025

Georgia records 8.0% average economic growth from January to July 2025

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In the first quarter of 2025, economic growth was 9.8%, the average growth of the second quarter was 7.1%, and in July, the economic growth was 6.5%. The average economic growth of January-July 2025 was determined by 8.0%.

The Ministry of Economy and Sustainable Development of Georgia shared these details through its official Facebook Page on Friday, August 29, 2025. The Ministry also shared a photograph related to the economic growth along with the details.

In July 2025, the sectors of transport and startups, information and communication, art, entertainment and leisure, and trade have made significant positive contributions to economic growth.

In January-July, high economic growth was promoted by positive trends in foreign trade. In January-July 2025, exports increased by 9.0% and amounted to 3.8 billion US dollars. The growth of local exports (excluding export re-export) in January-July was 2.7%.

In the second quarter of 2025, the income received from travel (tourism) increased by 5.0% annually, and the record volume of the second quarter was 1,145.0 million US. It’s a buck.

Last year, Georgia’s economic growth was determined by 9.4 percent. In 2024, Georgia had one of the highest economic growth rates globally and ranked third in the world in terms of economic growth.

According to international financial institutions and rating companies, the Georgian economy maintains sustainability as a result of prudent macroeconomic policies. In the updated report of April 2025, the Monetary Fund reviewed the economic growth forecasts of global, leading economies, and most European countries towards decline, and on this background, the Monetary Fund increased the forecast of economic growth for 2025 from 6% to 7.2%, indicating the stability of Georgia’s economy against foreign shocks.

According to the IMF forecast, between the region and European countries, Georgia will have the highest economic growth in the medium term, 2025-2030, and will be 5.4% on average.

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