Georgia’s economy grows 7.2%, surpassing global averages, economist

Georgia’s economy maintained a strong and stable growth trajectory in December, with year-on-year growth reaching 7.2%, preliminary data showed. For the full year, 2025, growth is estimated at 7.5%, more than twice the projected global growth rate of 3.2%, economist Soso Archvadze said.

The country’s economic output in December 2025 exceeded pre-pandemic 2019 levels by 38.8%, outpacing global recovery by more than double, he claimed.

December marked the first monthly deflation since July 2025, at -0.2%, while annual inflation slowed to 4.0%, down from previous months. Food price inflation fell to 8.8%, the lowest in seven months, reflecting stabilizing consumer prices, the economist added. 

Archvadze further noted exports in December totaled $673.2 million, up 22.5% year-on-year, growing faster than imports for the fifth consecutive month. Local exports surged 58.1% to $368 million, driven by precious metals, concentrates, and re-exports of light vehicles. Export coverage of imports improved to 36.4%, compared with 32.3% in 2024.

Foreign visitor spending reached a record $5.5 billion in 2025. Remittances from abroad hit a 30-month high in December at $337.9 million, with 74% of transfers originating from the U.S., Italy, Russia, Germany, Greece, and Israel, the economist said. 

Archvadze noted that the growth, rising exports, foreign investment, and tourism revenue were enhancing Georgia’s integration into the global economy, strengthening institutional resilience, and reducing vulnerability to external shocks.