Georgia posts 7.6% average economic growth between January and October

The Georgian Ministry of Economy and Sustainable Development on Friday said that the country’s economy expanded by 6.0% in October 2025, while the average economic growth for January-October reached 7.6%.

The Ministry noted that in October, the turnover of VAT-paying enterprises increased by 7.0% compared to the same month of the previous year, and 6,075 new businesses were registered during the month.

The Ministry reports that several sectors made significant positive contributions to October’s economic performance, including information and communication, transport and storage, healthcare, financial and insurance services, real estate, manufacturing, administrative and support services, as well as arts, entertainment, and recreation. Over the ten-month period, strong economic growth was also supported by positive trends in foreign trade.

In January-October 2025, exports increased by 6.8 percent and amounted to $5.8 billion, while the growth of domestic exports (excluding exports and re-exports) in 10 months amounted to 4.6 percent.

Between January and October 2025, Georgia’s exports increased by 6.8%, reaching $5.8 billion, while domestic exports (excluding re-exports) grew by 4.6%.

Tourism revenues also hit a historic high. From January to September 2025, income from travel and tourism rose by 5.1% year-on-year, totaling $3.6 billion, marking the highest figure to date.

In November 2025, rating agency Fitch improved Georgia’s credit rating outlook, emphasizing the country’s resilience to external shocks.

According to the International Monetary Fund, Georgia is expected to achieve the highest medium-term economic growth among regional and European countries during 2025-2030, with an average rate of 5.4%.