In the first 9 months of 2026, economic growth averaged 7.4%. The Acting Governor of the National Bank of Georgia [NBG] announced this at the session of the Parliamentary Budget and Finance Committee during the presentation of the draft on the "Main Directions of Monetary and Exchange Rate Policy for 2027–2029".

As she explained, the structure of economic growth is particularly noteworthy, driven by highly productive and relatively less import-intensive sectors. These include the information and communication, financial activities, and transportation sectors. According to her, the banking sector stands out, making the largest contribution in terms of attracting investments.

According to Natia Turnava, such a structure of economic growth helps expand the country’s productive capacity and counteracts inflationary pressures stemming from strong aggregate demand.

As a reminder, according to the updated baseline forecast of the NBG, Georgia’s economic growth will be 7.2% in 2026, while in 2027, the growth rate will gradually approach its long-term potential level and settle within the range of 5.5%.

Economic structural changes also have a positive reflection on the country’s external position. In 2025, the current account deficit reached an all-time low of 2.9% of GDP, and in the first half of 2026, it further decreased to 2.5%. The improvement of the external balance is supported by positive trends in both trade in services and trade in goods.

Against the backdrop of an improved external balance, the exchange rate maintains stability. As of September 2026, the real effective exchange rate appreciated by 4% annually, which, amid globally increased inflationary pressures, helps mitigate pressure from imported inflation.