26 September 2026,   11:37
more
Over the past five years, our economy has grown by an average of 9.3% annually, and this momentum has continued in 2026, with growth reaching 7.9% in the first seven months of the year – Kobakhidze

Over the past five years, our economy has grown by an average of 9.3 per cent annually, and this momentum has continued in 2026, with growth reaching 7.9 per cent in the first seven months of the year. The Prime Minister of Georgia said this during his speech at the general debate of the UN General Assembly.

"As the International Monetary Fund projects, Georgia will deliver one of the fastest growth rates in the medium term among regional and European countries, averaging 5.4%.

With one of the fastest-growing economies worldwide, we are actively building an innovation-oriented, business-friendly environment that supports both local and foreign enterprises.

Despite the global uncertainty, Georgia’s FDI to GDP ratio is one of the highest among peer countries and averaged over 6% of GDP in 2021-2025, highlighting the confidence of investors in the country’s growth potential. Georgia’s FDI outlook is supported by a pipeline of large, multi-year investment projects across transport and logistics, energy infrastructure, tourism and real estate.

Yet the true measure of success is how it improves people’s lives.

Strong economic performance must translate into tangible social outcomes - higher output per person, rising real wages, declining poverty, better employment opportunities, and greater economic resilience", - said Irakli Kobakhidze.

MORE HEADLINES