BAKU, Azerbaijan, May 1. Georgia’s economy is projected to grow by 6 percent in 2025 and 5 percent in 2026, according to the International Monetary Fund’s latest outlook, Trend reports.
These projections remain unchanged from the Fund’s previous forecast in October 2024.
The IMF upgraded its estimate for Georgia’s 2024 growth significantly, raising it by 1.8 percentage points to 9.4 percent. The upward revision reflects stronger-than-expected domestic demand, supported by rising real wages, robust private consumption, and resilient remittance inflows - factors that have helped drive growth across the Caucasus and Central Asia (CCA) region.
While the pace of growth is expected to slow, Georgia is forecast to remain one of the region’s strongest performers. The IMF projects overall GDP growth for CCA oil-importing countries, including Georgia, at 5.9 percent in 2025 and 5.5 percent in 2026 - outpacing the region’s oil exporters, who are facing challenges from plateauing hydrocarbon output and fiscal tightening.
Across the CCA region, GDP growth is forecast at 4.9 percent in 2025 and 4.3 percent in 2026. These projections represent an upward revision of 0.4 percentage points for both years, as the region continues to benefit from lingering trade and financial spillovers linked to the war in Ukraine, as well as sectoral investment in infrastructure and services.
Despite the expected moderation, Georgia’s medium-term outlook remains favorable, underpinned by ongoing investment activity and strong fundamentals compared with its regional peers.
