Georgia’s real gross domestic product (GDP) grew by 6% year-on-year in September 2026, according to rapid estimates released by the National Statistics Office (Geostat) on October 30. Average real GDP growth stood at 7.4% in the first nine months of the year.
Geostat attributed September’s growth mainly to construction, information and communication, mining and quarrying, wholesale and retail trade, repair of motor vehicles and motorcycles, and financial and insurance activities.
Manufacturing and administrative and support service activities, meanwhile, recorded declines.
Georgia’s GDP grew by 6.9% year-on-year in the second quarter of 2026, while nominal GDP reached GEL 28.147 billion, according to Geostat’s data released in September.
Several international financial institutions have revised their projections for Georgia’s economic performance upward in recent months.
In October, the International Monetary Fund (IMF) raised its 2026 growth forecast from 6.5% to 7.2%, while projecting growth to moderate to 5.7% in 2027.
The European Bank for Reconstruction and Development (EBRD), in its September economic outlook, also upgraded its projections, forecasting 6.5% growth in 2026 and 5.5% in 2027 – an increase of 0.5 percentage points for both years compared with its June estimates.
The United Nations’ World Economic Situation and Prospects 2026 projects Georgia’s economy to grow by 5.4% in 2026, while the World Bank’s June forecast estimates growth at 5% for 2026 and 5.5% for 2027, with the 2026 forecast downgraded by 0.5 percentage points.
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