23 August 2026,   18:35
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Georgia`s economy continues to develop at high economic growth rates - Vakhtang Tsintsadze

The Georgian economy continues to develop at a high economic growth rate, despite geopolitical and external shocks. Such a statement made today Vakhtang Tsintsadze, Deputy Minister of Economy.

“The estimated real Gross Domestic Product [GDP] growth rate amounted to 6.5% for July 2025, while real GDP growth for January-July 2025 equaled 9%.

The positive tendencies observed in Georgia’s economy once again confirm that the Georgian economy continues to develop at a high economic growth rate, despite geopolitical and external shocks that highlight the government’s rational economic policy and economic resilience. According to the International Monetary Fund’s forecast, Georgia will have the highest economic growth in the region and among European countries, including EU candidate countries, in 2025-2030, with the average growth of 5.4%”, - added Vakhtang Tsintsadze.

The GDP growth rate amounted to 6.5% for July 2025 compared to the previous year, and the average real GDP growth for January-July 2025 equaled 8%, GeoStat reported.

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