Georgia’s Economy Ministry: Georgia maintains strong economic stability as growth reaches 8.3% in four months

Georgia’s strong economic growth trend recorded throughout 2025 intensified even further at the beginning of 2026, according to information released by the Ministry of Economy and Sustainable Development of Georgia.

The country’s average economic growth rate reached 9.1% in the first quarter of 2026, while growth for the first four months of the year stood at 8.3%. In April alone, Georgia’s economy expanded by 6.2%.

The Ministry stated that these indicators clearly demonstrate the resilience and stability of Georgia’s economy despite external shocks and ongoing geopolitical challenges.

According to the report, the turnover of VAT-paying enterprises increased by 10.3% in April compared to the same period last year. Business confidence also remained high, reflected in the number of newly registered business entities, which rose by 6.9% to reach 6,195 new units.

Strong economic activity in January-April was also supported by positive trends in foreign trade. Exports increased by 21.1%, reaching USD 2.44 billion.

Particularly notable growth was recorded in domestic exports - excluding re-exports - which surged by 73.5% to USD 1.55 billion.

The Ministry highlighted that the main contributors to economic growth in April 2026 were the manufacturing industry, information and communication, transportation and storage, education, healthcare, trade, and financial and insurance sectors.

It also emphasised that substantial progress in the industrial sector was largely driven by domestic petroleum production, which contributed 1.83 percentage points to the country’s gross domestic product.