
Fitch retains Georgia’s BB rating with Negative Outlook
Fitch noted that in comparison with its peers, Georgia has a high level of economic development
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.
It is planned to fully meet the country's corresponding needs
In February, Georgia recorded a rise in prices in annual terms, with the most noticeable inflationobserved in the hotel industry.
Tbilisi intends to modernize the railways for this purpose
Georgia's foreign trade grew by almost 40% in January. Prime Minister Kobakhidze shared his expectations regarding the country's economic development during the year.
Tbilisi intends to continue active development of the tourism sector
Georgia's economic growth last year was approximately 9%. The country's authorities expect the GDP growth figures to surpass this figure this year.
Trade between Russia and Georgia continues to develop, with trade turnover between the two countries increasing by more than 5% over the year.
Thus, experts predict the GDP growth, after which there will be a noticeable decline: in Georgia from 6% to 5%, in Armenia from 5% to 4.6%
Despite political challenges, the Georgian authorities are confidently increasing foreign trade, the National Statistics Service "Sakstat" reports.
The Prime Minister of Georgia has urged citizens not to worry about the recent fall of the lari. According to Irakli Kobakhidze, there is nothing unusual in the weakening of the national currency.
Wildberries started working in Georgia under a franchise. The first pick-up point will open in Tbilisi.
This will happen if the current rates of economic growth are maintained
The Georgian authorities are counting on the active return of migrants to the country after 2026. The Prime Minister noted that these expectations are related to the development of the Georgian economy.