Georgia’s economy grew by 7.5% in 2025
Georgia’s real GDP increased by 6.7% y/y in 4Q25 according to Geostat, revised marginally downwards from the preliminary estimate of 6.8%. Overall, Georgia’s economy grew by 7.5% y/y in 2025. Notably, Nominal GDP increased by 12.4% y/y to GEL 104.6bn (US$ 38.1bn) and GDP per capita reached US$ 10,297 in 2025.
By economic sectors, high contributions to the 2025 growth came from ICT (+28.7%), education (+24.5%), public administration (+9.3%), financial & insurance (+12.9%), trade (+3.8%), transportation & storage (+8.9%), real estate (+5.0%) and art & entertainment (+12.3%). Meanwhile, agriculture (-5.7%), energy (-4.5%) and mining (-3.0%) sectors contracted in 2025.
Money transfers increased by 17.1% y/y in Feb-26
Money transfers increased by 17.1% y/y to US$ 295.3mn in Feb-26, after a 16.6% y/y growth in previous month. Among the top countries, the transfers increased from the EU (+20.2% y/y, 46.5% of total), the USA (+14.8% y/y, 18.4% of total), Russia (+18.8% y/y, 12.2% of total), Israel (+16.7% y/y, 8.6% of total) and Türkiye (+32.1% y/y, 3.7% of total). Meanwhile, transfers reduced only from Kazakhstan (-5.4% y/y, 2.0% of total).
Overall, in 2M26 money transfers rose by 16.8% y/y to US$ 578.0mn.
Goods exports growth accelerated in Feb-26
In Feb-26, goods exports growth accelerated, up by 26.6% y/y to US$ 546.3mn, following a 19.0% y/y rise in previous month. Goods imports rose by 8.4% y/y to US$ 1.3bn, after falling by 32.6% y/y in Jan-26. As a result, the trade deficit narrowed by 1.4% y/y to US$ 790.6mn.
The top 5 exported commodities were cars (-25.5% y/y), precious metals (+147.5% y/y), petroleum (+687.9% y/y), wine (+21.9% y/y) and nuts (+97.3% y/y) in Feb-26. A 8.7% of exports were directed to the EU (-6.5% y/y), 51.6% to the CIS (-3.8% y/y) and 39.7% to other countries (+147.3% y/y). The top 5 imports were cars (-41.1% y/y), petroleum (+18.1% y/y), pharmaceuticals (+55.9% y/y), gases (-23.6% y/y) and crude petroleum (+US$ 34.1mn y/y) in Feb-26.
Overall, in 2M26, the trade deficit decreased by 30.6% y/y to US$ 1.5bn, as exports grew by 22.9% y/y to US$ 1.0bn and imports were down by 15.4% y/y, reaching US$ 2.5bn.
Nominal wages up 11.2% y/y in 4Q25
In 4Q25, average monthly nominal wages in Georgia increased by 11.2% y/y (+6.3% in real terms) to GEL 2,466, after growing by 10.4% y/y in 3Q25, according to Geostat.
By economic activity, the highest monthly average wages were recorded in the following sectors: ICT (GEL 4,373, +9.1% y/y), construction (GEL 3,939, +17.2% y/y), financial and insurance (GEL 3,748, +11.1% y/y), mining (GEL 3,386, +31.8% y/y) and professional and scientific activities (GEL 3,385, +3.9% y/y). The lowest average monthly wages were in education (GEL 1,518, +7.7% y/y), agriculture (GEL 1,633, -3.8% y/y) and water supply (GEL 1,699, +12.8% y/y) in 4Q25.
Overall, nominal monthly wages increased by 15.8% y/y (+11.5% y/y in real terms) to GEL 2,283 in 2025, according to Geostat’s preliminary estimate.
