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Energy security not theoretical goal, but national objective - Georgian Economy Minister

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Georgian Economy Minister Mariam Kvrivishvili on Thursday said Energy Workers’ Day provided an opportunity to assess the importance of the energy sector and recognise the role and contribution of the people whose daily dedication and professionalism underpin the vital sector.

Speaking at an event marking Energy Workers’ Day, which she attended alongside Prime Minister Irakli Kobakhidze, Kvrivishvili noted that energy is one of the sectors whose smooth operation often goes unnoticed, but even a minor disruption is immediately felt across the country.

“Your profession is not merely a sector-specific job. It is a responsibility for the country’s security, the continuity of economic activity and the daily lives of every family. That is why the work of energy professionals is particularly valuable. For Georgia, energy is not only one of the most important sectors of the economy. Energy means independence, security and economic strength,” she said.

“We remember well what a Georgia with a weak energy sector meant. We remember a country where electricity shortages were a standard part of everyday life. Therefore, for us, energy security is not a theoretical goal; it is a national objective. Georgia must no longer be an energy-vulnerable country. Georgia must be an energy-strong, self-sufficient state of regional importance,” Kvrivishvili continued.

The Minister noted that over the past year, the strengths and weaknesses of the energy system had become clearer, as had its opportunities and the challenges that the state needs to address proactively.

“Today, I can say with confidence that we know where we are heading. We have a clear vision, a plan and an ambition whose scale corresponds to the real potential of Georgia’s energy capabilities. The first pillar of this vision is generation. In 2026, construction of three hydropower plants and one wind project was completed. By the end of the year, construction of another hydropower plant, two wind projects and three solar projects will be completed,” she concluded.

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image Georgia’s gross domestic product expanded by 6.9 per cent in Q2 2026 - Geostat

18.09.2026.18:13

According to preliminary data from the National Statistics Office of Georgia (GeoStat), nominal Gross Domestic Product (GDP) reached GEL 28,147.0 million in the second quarter of 2026, marking a real GDP growth rate of 6.9 per cent year-on-year.

The percentage change in the GDP deflator stood at 3.0 per cent for Q2 2026.

GeoStat reported that key positive drivers of economic expansion during the second quarter included information and communication (16.6 per cent), wholesale and retail trade alongside motor vehicle and motorcycle repair (8.0 per cent), transportation and storage (19.8 per cent), arts, entertainment and recreation (17.4 per cent), manufacturing (7.3 per cent), and human health and social work activities (15.0 per cent).

Conversely, notable contractions were recorded in construction (-4.8 per cent) and agriculture, forestry, and fishing (-3.5 per cent).

According to the agency’s report, wholesale and retail trade alongside motor vehicle and motorcycle repair accounted for the largest share of GDP by economic sector at 14.9 per cent, followed by real estate activities at 9.1 per cent. Subsequent shares were held by manufacturing (8.9 per cent), information and communication (7.6 per cent), public administration and defence including compulsory social security (6.5 per cent), construction (6.5 per cent), agriculture, forestry, and fishing (6.4 per cent), education (6.4 per cent), and transportation and storage (6.3 per cent).

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