For the fourth quarter of 2025, business confidence in Georgia increased (by 9.0 index points) and reached 7.5. The highest increase in business confidence is observed in the agriculture (21.1) and construction (18.5) sectors. The positive change in BCI for Q4 2025 was driven by optimistic expectations as well as increased past performance.

For the third quarter of 2025, business confidence in Georgia decreased slightly (by 0.2 index points) and reached -1.5. The highest decrease in business confidence is observed in the financial (-19.5) sector. The negative change in BCI for Q3 2025 was driven by pessimistic expectations as well as slightly decreased past performance.

For the second quarter of 2025, business confidence in Georgia increased (by 3.6 index points) and reached -1.3. The highest increase in business confidence is observed in the manufacturing (+10.0) sector. The positive change in BCI for Q2 2025 was driven by optimistic expectations as well as slightly increased past performance.

For the first quarter of 2025, business confidence in Georgia decreased (by 8.8 index points) and reached -5.0. The highest decrease in business confidence is observed in the service (-21.5) sector. The negative change in BCI for Q1 2025 was driven by decreased past performance as well as pessimistic expectations.

For the fourth quarter of 2024, business confidence in Georgia decreased (by 9.7 index points) and reached 3.8. The highest decrease in business confidence is observed in the finance (-22.1) sector. The negative change in BCI for Q4 2024 was driven by decreased past performance as well as less optimistic expectations.