Georgia's oil production declines
Georgia has reported a reduction in domestic oil production, with 2025 output falling 8% compared to the previous year.
Georgia has reported a reduction in domestic oil production, with 2025 output falling 8% compared to the previous year.
Food prices saw the largest increase
Georgia will invest approximately $7 billion in various transport projects by 2032.
Georgia's international reserves increased by $167.4 million during October, with total reserves reaching $5.6 billion.
World Bank representatives have identified key development conditions and economic prospects for Georgia.
Fitch Ratings has revised the Outlook on Georgia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at 'BB'.
He noted that Georgia is achieving such high results despite the situation in the region and attacks on the country from the European Union
Georgia has observed a substantial increase in the so-called khachapuri price index, with the national dish's cost rising 10.3% year-on-year.
Georgia's trade with international partners reached nearly $21 billion during the first ten months of this year, surpassing last year's figures despite a significant trade deficit.
Harvesting operations are actively progressing in Georgia's Kakheti region, with wineries processing approximately 60,000 tons of grapes.
Tbilisi will host an international financial summit in late October, bringing together leading economists and financial experts from around the world.
Exports reached their lowest levels in three years
At the meeting of the ministers of Georgia and Türkiye, they announced their readiness to fully launch the Baku-Tbilisi-Kars railway.
Fitch noted that in comparison with its peers, Georgia has a high level of economic development
The country is seeking to join the European Union by 2030
The country was able to attract over $200 mln in Q1 2025
Georgia's export volumes are reaching record levels and continue to grow. According to the country's Deputy Minister of Economy and Sustainable Development, this reflects the stability and the competitiveness of Georgia's economy
The US is among Georgia's top ten export countries, but the volume of Georgian exports to the country is noticeably compared to the post-Soviet states.
The Georgian leadership intends to maximize support for the development of startups engaged in the creation of innovative products. In particular, they will receive unique tax breaks.
Georgia's GDP showed impressive growth in February, with energy, transport and communications playing a significant contribution to economic growth.