Georgia’s real gross domestic product (GDP) grew by 10.7% year-on-year in March 2026, according to rapid estimates released by the National Statistics Office (Geostat) on April 30. Average real GDP growth of the first quarter of 2026 stood at 9.1%.
According to Geostat, the increase was primarily driven by growth in manufacturing, information and communication, professional, scientific, and technical activities, mining and quarrying, construction, and transportation and storage. In contrast, administrative and support service activities, as well as accommodation and food service activities, recorded declines.
Georgia’s economy is projected to grow by 5.4% in 2026, according to the United Nations World Economic Situation and Prospects 2026 report. The European Bank for Reconstruction and Development (EBRD) and the Asian Development Bank (ADB) both forecast growth of 5% in 2026.
The World Bank’s report estimates Georgia’s economic growth at 5.5% in 2026, and forecasts average growth of 3.5% across the South Caucasus in 2025–2026, “as spillovers from trade intermediation, labor and capital inflows continue to diminish.”
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