“Economic growth in the first quarter of 2025 stood at 9.8%, whilst second quarter growth reached 7.3%. In July, economic growth reached 6.5%, rising slightly to 6.6% in August. Average economic growth for January-August 2025 was 7.9%,” the Ministry of Economy said in a statement.

As the ministry explains, turnover amongst VAT-registered enterprises increased by 9.0% in August 2025, compared to the corresponding month of the previous year, whilst the number of newly registered enterprises reached 4,632.

“In August 2025, significant positive contributions to economic growth were made by the information and communications; education; financial and insurance activities; healthcare; energy; professional, scientific and technical activities; and trade sectors.

High economic growth in January-August was aided by positive trends recorded in foreign trade. In January-August 2025, exports grew by 6.7%, reaching USD 4.4 billion.

In the first half of 2025 (January-June), revenue from travel (tourism) increased annually by 3.8%, amounting to nearly USD 2 billion.

In 2024, Georgia’s economic growth reached 9.4 per cent. In 2024, Georgia had one of the highest rates of economic growth globally and ranks third in the world by economic growth rate.

According to evaluations by international financial institutions and rating agencies, Georgia’s economy remains resilient owing to prudent macroeconomic policies. IMF forecasts that Georgia will have the highest economic growth amongst countries in the region and Europe over the medium term, 2025-2030, averaging 5.4%,” states information released by the Ministry of Economy and Sustainable Development.