Georgia`s GDP could grow by 6-7% in 2026

ArmInfo. Georgia's economy will grow by 6-7% in 2026, exceeding the official forecast used for budget purposes, said Prime Minister Irakli Kobakhidze.

"This year's forecast is encouraging, and we believe we will exceed the initial forecast (5%). We hope that economic growth will be at least in the 6-7% range, which is quite realistic, especially in light of the measures taken against corruption. I believe this should also significantly impact the pace of economic growth," Kobakhidze said on the Imedi television channel. He added that "at the beginning of last year, there was a campaign calling for the collapse of the economy, which failed."

"Economic growth is one of our priorities, and it's logical that our country's detractors are pursuing the opposite goal – they want the economy to weaken because they see it as an opportunity. If the economy weakens, the social situation worsens, and under such conditions, they have a better chance of achieving the change of government they dream of, especially starting in 2020. We have opposing interests," Kobakhidze stated.

Georgia's GDP grew by 7.5% in 2025, following a 9.5% increase in 2024, 7.8% in 2023, and 10.4% in 2022.

For budget purposes, the Georgian Ministry of Finance forecasts a 5% increase in the country's GDP in 2026.

Key international financial institutions expect the country's GDP to grow between 5-5.5% this year. According to the World Bank, the country's economy could grow by 5.5% this year, the IMF expects growth of 5.3%, the EBRD and the European Commission expect growth of 5%, and the UN expects growth of 5.4%.

Meanwhile, the international rating agency S&P Global Ratings has affirmed the long-term and short-term sovereign credit ratings of the Georgian government at "BB/B" with a "stable" outlook. The agency forecasts that Georgia's GDP growth will slow from 7.5% in 2025 to 5.4% in 2026 and 4.8% in 2027, amid an expected decline in private investment due to heightened political uncertainty and the EU's decision to suspend Georgia's accession process.