Georgia’s economy experienced substantial growth in 2025, with the country’s GDP increasing by 7.5%, according to a report by Georgia’s National Statistics Bureau, Geostat. The IT sector demonstrated exceptional growth, rising by 29%, while agriculture saw a notable decline, dropping from 13.5% to 5.7%. The overall GDP reached $38 billion, a rise from $34 billion the previous year.
Despite the IT sector’s impressive growth rate, its contribution to the total GDP was only fourth at 8%. The figures align closely with projections from the National Bank of Georgia, which had anticipated 7.4% growth and a preliminary estimate indicated 7.5% for 2025. Former National Bank of Georgia head, Roman Gotsiridze, attributed a significant portion of the growth to external factors, specifically the repair and export of vehicles, alongside the income of Russian IT specialists due to a preferential tax regime.
A Galt & Taggart study highlighted challenges within the agricultural sector, citing fragmented land ownership and low corporatisation as reasons for lower productivity compared to global and regional averages. Fruit yields per hectare in Georgia are considerably lower than in countries like Russia, Ukraine, Armenia, and the EU. Georgia’s total external trade turnover for the first two months of 2026 decreased by 6.9%, reaching $3.5 billion.
Exports totaled $1 billion, with significant increases in shipments to China and the UAE, including a notable rise in petroleum product exports to Togo. Foreign direct investment increased to $1.7 billion in 2025, representing a 7.6% rise compared to 2024. This growth underscores the ongoing development of the georgia economy and its sector-specific advancements.
Topics: #georgia #gdp #sector
Georgia’s economic performance in 2025 showcased a significant expansion, with the nation’s GDP climbing by 7.5%, as detailed in a Geostat report. The information revealed that the technology industry
Georgia’s economic performance in 2025 showed significant expansion, with the nation’s GDP rising by 7.5%, as reported by Geostat, Georgia’s National Statistics Bureau. The information technology indu