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Georgia’s economy grows 9% in Q1 2026 - Geostat

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Georgia’s National Statistics Office on Friday reported that the country’s gross domestic product (GDP) at current prices amounted to ₾ 24.77 billion ($9.31 billion) in the first quarter of 2026, while real GDP growth reached 9.0 % compared to the same period of the previous year. The GDP deflator increased by 2.3 % during the reporting period.

The sectors that made the largest contribution to economic growth in the first quarter of 2026 were information and communication, which expanded by 36.0%, transportation and storage at 18.0 %, wholesale and retail trade and repair of motor vehicles and motorcycles at 5.5 %, financial and insurance activities at 11.7 % , and arts, entertainment and recreation at 14.5 %.

Meanwhile, the sectors contributing to the decline were agriculture, forestry and fishing, which contracted by 3.3 %, and construction, which fell by 2.0 %.

According to the report, the largest shares in Georgia’s GDP structure were held by wholesale and retail trade and repair of motor vehicles and motorcycles, accounting for 13.2%, followed by information and communication at 10.4 %. Other major sectors included real estate activities at 10.0 %, manufacturing at 8.2 %, public administration and defence; compulsory social security at 7.2 %, education at 6.5 %, construction at 6.4 %, transportation and storage at 6.1 %, and financial and insurance activities at 5.9 %.

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image Georgia's foreign trade turnover up by 3.7 per cent in January–May l Geostat

19.06.2026.21:21

According to the National Statistics Office of Georgia (GeoStat), Georgia’s foreign trade turnover in goods (excluding undeclared trade) amounted to USD 10,439.5 million in January–May 2026, representing a 3.7 per cent increase compared to the same period last year.

Of this total, GeoStat reports that exports grew 19.8 per cent to USD 3,107.7 million, while imports slipped 1.9 per cent to USD 7,331.9 million.

Georgia’s negative trade balance (trade deficit) in January–May 2026 amounted to USD 4,224.2 million, accounting for 40.5 per cent of the total foreign trade turnover.

Furthermore, according to the agency’s report, the share of the top ten largest trading partners constituted 66.5 per cent of Georgia’s total foreign trade turnover in January–May 2026. The country’s largest trading partners are Turkey with USD 1,387.5 million, Russia with USD 1,232.1 million, and China with USD 1,177.2 million.

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