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Georgia’s international reserves reach historic high of $7.53 billion in July 2026

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The National Bank of Georgia (NBG) said on Friday that the country’s total international reserves increased by approximately 50% year-on-year in July 2026, reaching a historic high of $7.53 billion.

According to the statement, international reserves rose by $404.6 million over the course of the month.

“Reserve adequacy indicators have also improved. According to the latest assessment, the International Monetary Fund’s reserve adequacy indicator (ARA Metric) stands at 118.7%” the NBG said.

The Bank emphasized that international reserves serve as an important safeguard for the country’s macroeconomic stability. It noted that the NBG’s long-term policy has consistently focused on accumulating reserves and ensuring the effective management of reserve assets.

“When foreign exchange market conditions and the macroeconomic environment allow, the National Bank replenishes foreign exchange reserves. In 2026, amid favorable conditions in the foreign exchange market, the NBG continued to increase reserves, with total net purchases amounting to $2.0784 billion in January-June 2026. Meanwhile, data on net purchases for July 2026 will be published on August 25”, the statement said.

The NBG also highlighted that in 2024 it diversified its reserves by making its first investments in gold, describing the move as a strategic decision. Since then, the value of the gold holdings has increased significantly, further contributing to the growth of total international reserves.

In June 2026, the NBG purchased an additional $100 million worth of monetary gold for inclusion in the country’s international reserves. As a result, by July 2026, gold accounted for 13.5% of total international reserves, valued at $1.0141 billion.

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Economy
image Georgia’s construction cost index up 3.9 per cent year-on-year in June - Geostat

07.08.2026.19:33

According to data from the National Statistics Office of Georgia (GeoStat), the Construction Cost Index (CCI) increased by 0.9 per cent in June 2026 compared to the previous month. It rose by 3.9 per cent compared to the corresponding month of the previous year.

Among the sub-sectors: the residential sector index grew by 2.6 per cent month-on-month and rose by 3.5 per cent year-on-year; the non-residential sector index rose by 0.6 per cent month-on-month, but decreased by 0.1 per cent year-on-year; the civil engineering sector index fell by 0.5 per cent month-on-month, but surged by 5.8 per cent compared to the corresponding month of last year.

According to GeoStat, the 0.9 per cent month-on-month increase in the Construction Cost Index in June 2026 was mainly driven by a 5.4 per cent rise in the average monthly nominal wage of hired employees in the construction sector, which contributed 1.01 percentage points to the change in the total index.

“Compared to the corresponding month of the previous year, the Construction Cost Index increased by 3.9 per cent. The growth in the index was largely driven by a 16.6 per cent increase in transport, fuel, and electricity costs in the construction sector, as well as a 1.8 per cent rise in the average monthly nominal wage of hired employees, contributing 1.9 and 1.01 percentage points to the total index change, respectively. Furthermore, compared to February 2022, the Construction Cost Index has risen by 29.3 per cent,” GeoStat noted in its released report.

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