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IMF raises Georgia’s economic growth forecast to 6.5%

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The International Monetary Fund has revised upward its forecast for Georgia’s economic growth to 6.5% in its publication “Georgia: 2026 Article IV Consultation”.

The report noted that Georgia’s economy has remained highly resilient despite heightened global uncertainty, including the ongoing conflict in the Middle East.

“Real GDP growth reached 7.5% in 2025 and remained robust in early 2026. At the same time, inflation exceeded the target rate, reaching 5.9% in April 2026, largely due to higher energy prices”, the report said.

According to the IMF, Georgia’s fiscal and external positions have improved significantly. International reserves have reached the Fund’s adequacy benchmark, while public debt has fallen below 35% of GDP.

The Fund projects that, provided the conflict in the Middle East subsides in the near term, economic growth will moderate to 6.5% in 2026 before gradually returning to its medium-term potential rate of 5% by 2028.

Inflation is expected to return to its target level by mid-2027, while prudent monetary and fiscal policies are projected to keep public debt close to its current level.

“Against a backdrop of elevated uncertainty and recurring external shocks, the key policy priorities are to bring inflation back to target, further strengthen international reserves, and continue structural reforms to sustain strong economic growth and create more jobs”, the report concluded.

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image Deputy Minister of Economy attends China International Fair for Trade in Services, where Georgia features first-ever national pavilion

10.09.2026.18:28

Georgia’s Deputy Minister of Economy and Sustainable Development, Irakli Nadareishvili, is attending the China International Fair for Trade in Services (CIFTIS 2026) in Beijing, where Georgia features its inaugural national pavilion.

Organised by the Enterprise Georgia agency under the Ministry of Economy and Sustainable Development, the country’s debut participation is supported by the Embassy of Georgia to the People’s Republic of China, the Georgian National Tourism Administration, and the National Wine Agency.

At the Georgian pavilion, Deputy Minister Nadareishvili hosted Tang Wenhong, Vice Mayor of Beijing, who sampled Georgian wine on display. During the visit, the Vice Mayor was briefed on Georgia’s investment landscape and business environment.

CIFTIS is a premier international platform for trade in services, bringing together government agencies, international organisations, and corporate leaders.

Centred on the theme “Global Services, Shared Prosperity,” this year’s fair showcases 90 countries, regions, and international organisations, featuring over 1,800 participating companies on site.

According to the Ministry of Economy and Sustainable Development of Georgia, visitors to the Georgian national pavilion can explore insights into the country’s economy, business climate, and investment opportunities, as well as its strategic transport and logistics assets along the Middle Corridor, its innovation and tech ecosystem, tourism highlights, 8,000-year wine-making heritage, and export potential across goods and services.

Georgia’s presence at CIFTIS serves to showcase national capabilities to Chinese and global audiences, paving the way for deeper trade, investment, and tourism partnerships.

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