The Trend of High Economic Growth Continues — Georgia's Average Economic Growth Reached 8.3% in January–June 2025

The trend of high economic growth in Georgia has continued into the first half of 2025. In the first quarter, economic growth stood at 9.8%, while in April and May it was 7.5%, and in June — 6.3%. Overall, the average economic growth for January–June 2025 was recorded at 8.3%. This information was released by the Ministry of Economy of Georgia.

According to the ministry, the positive trends observed in Georgia’s economy and the high level of economic growth indicate that, despite external shocks, geopolitical tensions, and challenges, the economy remains resilient and continues to develop steadily.

"It is also important to note that in June 2025, a positive trend was observed in the turnover of VAT-paying enterprises, which increased by 8.7% compared to the same month of the previous year, while the number of newly registered businesses totaled 6,188.

In June 2025, a significant positive contribution to economic growth came from increased activity in the following sectors: information and communications, education, manufacturing, financial and insurance services, and transport and logistics. High economic growth was also supported by positive trends in foreign trade: exports increased by 10.4% and reached USD 640.2 million, while local exports (excluding re-exports) grew by 8.4%.

In the second quarter of 2025, tourism revenues also increased — by 5.0% year-on-year — reaching a record volume of USD 1,145.0 million.

According to assessments by international financial institutions and rating agencies, Georgia’s economy remains resilient due to sound macroeconomic policy. Notably, the International Monetary Fund (IMF), in its updated April 2025 report, revised downward the growth forecasts for the global economy, leading economies, and most European countries. Against this backdrop, the IMF — following its Article IV consultations during its visit to Georgia — raised its forecast for Georgia’s 2025 economic growth from 6% to 7.2%, indicating the country’s resilience to external shocks. According to the IMF forecast, among countries in the region and Europe, Georgia is expected to have the highest economic growth in the medium term — in 2025–2030 — averaging 5.4%.