Georgian Government doing incredible job as economic results speak for themselves - Eric Trump
Eric Trump, Executive Vice President of the Trump Organization, on Tuesday thanked Georgian Prime Minister Irakli Kobakhidze and Economy Minister Mariam Kvrivishvili for their warm remarks and praised Georgia’s economic performance.
Expressing confidence in Georgia’s investment climate, Trump commended the Government’s performance and said he would personally travel to Tbilisi to oversee the various stages of the project’s development, beginning with the upcoming foundation-laying ceremony.
“Thank you very much to the Prime Minister for his warm words, and many thanks to the Minister of Economy. You are doing an absolutely incredible job because the economic results speak for themselves. I will come to Georgia very soon, when we lay the foundation, and then I will come back many more times”, he said.
“Whenever we undertake a new project and start a new building, I am familiar with every building project from the very beginning. I personally oversee the project and all its details, and I work to address the issues that are truly important. I will be actively involved in this work”, Trump concluded.
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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).