Indexes
November 2024 | Economic growth anchored by lending and trade, challenged by currency depreciation
20
November
2024
ISET Policy Institute has updated its real GDP growth forecast for the fourth quarter of 2024 and the first quarter of 2025. Here are the highlights of this month’s release:
GeoStat has published its preliminary estimate of real GDP growth for September 2024, which stands at 8.3%. In addition, the estimated growth for the first, second, and third quarters of 2024 reached 8.4%, 9.6%, and 11.1%, respectively. Consequently, the average real GDP growth from January to September 2024 reached 9.8%.
ISET Policy Institute forecasts Georgia's economy to grow by 8.7% in the fourth quarter of 2024 and 9.4% in the first quarter of 2025. However, given recent trends, the growth projection for the fourth quarter of 2024 is a conservative estimate, and actual growth could surpass expectations.
Based on September data, the annual growth for 2024 is projected to be 8.1%.
Recent Publications
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November 2025 | Trade Gains, rising dollarization, and firm domestic demand shape Georgia’s near-term growth
20
November
2025
According to the ISET Policy Institute's latest projections, based on September’s data, Georgia's economy is expected to grow by 6.7% in the fourth quarter of 2025 and 5.2% in the first quarter of 2026. The annual growth in 2025 is expected to be 7.6%.
October 2025 | Georgia’s 2025 economic outlook: balancing strong domestic growth with external headwinds
20
October
2025
According to the ISET Policy Institute's latest projections, based on August’s data, Georgia's economy is expected to grow by 5.8% in the third quarter and 6.3% in the fourth quarter of 2025. The annual growth in 2025 is expected to be 7.3%.
September 2025 | September 2025 outlook: Georgia’s GDP growth anchored by domestic demand and monetary caution
22
September
2025
According to the ISET Policy Institute's latest projections, based on July’s data, Georgia's economy is expected to grow by 5.8% in the third quarter and 6.3% in the fourth quarter of 2025. The annual growth in 2025 is expected to be 7.3%.
August 2025 | Georgia’s 2025 outlook: solid growth, tight policy, and global uncertainty
20
August
2025
According to the ISET Policy Institute's latest projections, based on June’s data, Georgia's economy is expected to grow by 5.8% in the third quarter and 6.3% in the forth quarter of 2025. The annual growth in 2025 is expected to be 7.3%.
July 2025 | Economic growth forecast strong at 7.1% in 2025: Georgia faces inflation pressures and external volatility
20
July
2025
According to the ISET Policy Institute's latest projections, based on May’s data, Georgia's economy is expected to grow by 8.2% in the second quarter and 6.5% in the third quarter of 2025. The annual growth in 2025 is expected to be 6% in the worst-case scenario and 7.6% in the best-case or an average long-term growth scenario.
