The European Bank for Reconstruction and Development publishes a report “Regional Economic Prospects in the EBRD Regions", according to which the economic growth forecast for Georgia for 2025 has upgraded.

"Georgia`s growth decelerated from 9.4% in 2024 to an estimated 8.3% year on year in the first half of 2025.

Growth was driven by credit expansion, rapid growth in the IT and education sectors and booming exports of services. After averaging 1.1% in 2024, inflation edged higher to 3.5% in the first eight months of 2025. This is slightly above the National Bank of Georgia’s (NBG) target of 3%. The policy rate has been held at 8% since May 2024. Fiscal and external positions remained relatively strong, helped by resilient tourism, while foreign direct investment slowed in 2024 and the first half of 2025 reflecting weaker sentiment.

Foreign reserves recovered to USD 5.2 billion by August 2025, covering more than three months of imports. Growth is forecast at 7% in 2025 moderating to 5% in 2026, as external conditions soften. Upside risks include stronger external demand and continued buoyancy in services, while downside risks stem from weaker global growth, de-facto suspension of the EU accession process over domestic democratic backsliding and investor caution. Maintaining macroeconomic buffers and policy credibility will be critical to sustaining investor confidence", - reads the report.