Georgia's PM: Despite global challenges, Georgia's economy continues to grow steadily
“Despite global challenges, Georgia’s economy continues on a stable growth trajectory, posting strong figures that have exceeded expectations and distinguished the country as a standout example of resilience on the world stage. Between 2021 and 2025, Georgia recorded an average real GDP growth rate of 9.3 per cent,” stated Prime Minister of Georgia, Irakli Kobakhidze, in an address delivered at the 51st International Conference of the Banking Association for Central and Eastern Europe (BACEE).
He further emphasised that strong confidence in Georgia’s economic prospects was clearly evident during this year’s Eurobond issuance, where international demand far surpassed the offered amount by five and a half times.
“I wish to express my sincere gratitude to the Banking Association for Central and Eastern Europe and to the Cartu Bank for organising this important event.
Over the years, this international banking conference has firmly established itself as the principal platform for the banking sector across Central, Eastern and South-Eastern Europe, the Caucasus, and Central Asia. It serves as a vital forum for showcasing both Georgia’s banking sector and the broader regional financial landscape.
These discussions are crucial for a banking sector that plays a central role in ensuring financial stability, supporting economic growth, and responding effectively to the risks and challenges that periodically emerge.
Despite global challenges, our economy continues on a steady development path, delivering strong results that have surpassed expectations. It is precisely this resilience that sets us apart on the world stage. Between 2021 and 2025, Georgia recorded an impressive average real GDP growth rate of 9.3%.
The depth of confidence in Georgia’s economic prospects was unmistakable during this year’s Eurobond issuance, where international demand outstripped supply by five and a half times, a compelling testament to the strength of belief in Georgia’s economic future,” Kobakhidze said.