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Georgia's economic growth rate accelerates, reaching 8.3% in first four months of 2026 - Ministry of Economy

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The strong economic growth recorded in 2025 has gained further momentum at the start of 2026, according to information released by the Ministry of Economy.

The Ministry reported that the average figure for the first quarter of 2026 was 9.1%, while the overall growth amounted to 8.3% over the four months. In April alone, the country’s economy expanded by 6.2%.

“These figures clearly indicate that, notwithstanding external shocks and geopolitical challenges, the Georgian economy continues to maintain exceptional stability and a robust pace of development.

It is worth noting that the turnover of VAT-registered enterprises in April increased by 10.3% compared with the corresponding period of the previous year. The strong confidence in the business environment is also evident in the increase in newly registered entities, which rose by 6.9% to a total of 6,195 units.

The strong economic activity recorded between January and April was significantly supported by positive dynamics in foreign trade; exports in particular merit attention, having grown by 21.1% to USD 2,439.9 million.

A particularly notable increase was observed in domestic exports (excluding re-exports), where growth was 73.5%, amounting to USD 1,551.0 million.

The leading positive contributions to economic progress in April 2026 came from the manufacturing industry, as well as the information and communications, transport and storage, education, healthcare, trade, and financial and insurance sectors.

It is also noteworthy that genuine progress in the industrial sphere was substantially driven by domestic production of petroleum products, whose contribution to gross domestic product amounted to 1.83 percentage points,” the Ministry’s statement reads.

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image Georgia's first syndicated treasury bond issuance was a notable step in the development of the local debt market - Andrew Jewell

29.05.2026.22:29

In an exclusive interview with Business Insider Georgia, Andrew Jewell, the International Monetary Fund’s Resident Representative in Georgia, assessed the Ministry of Finance’s debut GEL 400 million treasury securities issuance carried out through syndication.

,,Georgia's first syndicated treasury bond issuance was a notable step in the development of the local debt market. One of the objectives of the government's debt management strategy is to diversify the investor base. By using syndication, the Ministry of Finance was able to target a more diverse set of investors than would participate in an ordinary treasury auction. The fact that the issuance was 4.5 times oversubscribed, with significant interest from non-residents, suggests that many different types of investors see value in purchasing Georgian government debt. A more diversified investor base should help improve secondary market liquidity, which is currently limited by domestic banks' buy-and-hold strategies”, - Andrew Jewell, Resident Representative of the International Monetary Fund to Georgia.

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