ISET

March 2025 | ISET-PI forecasts 2025 GDP growth between 4.1% and 6.8%; January growth hits 11.1% despite rising political tensions

20 March 2025

Geostat has published its preliminary estimate of real GDP growth for January 2025, which stands at 11.1%.

Quarter 4, 2024 Macro Review | Georgia’s economic performance in Q4 2024: strong growth amidst stabilizing inflation and shifting external dynamics

28 February 2025

According to GeoStat’s preliminary estimates in the fourth quarter of 2024, Georgia’s nominal GDP reached GEL 25,309.6 million, with a year-over-year real GDP growth of 8.3% and a GDP deflator change of 4.0%. The economic expansion was largely driven by strong growth in several key sectors. The most notable increases were observed in Education (+36.2%), Information and communication (+29.7%), Human health and social work activities (23.6%), Mining and quarrying (22.5%).

February 2025 | Georgia’s 2025 gdp outlook: growth amid trade gains, credit surges, and reserve pressures

20 February 2025

Geostat has published its preliminary estimate of real GDP growth for December 2024, which stands at 6.7%, while the average annual real GDP growth reached 9.5%.

December 2024 | Agri Review

10 January 2025

Apple production is mainly concentrated in the Shida Kartli region, which accounted for 71% of total production in 2023; beyond which, Mtskheta-Mtianeti contributed 8.5%, while Kvemo Kartli accounted for 7.3%.

November 2024 | Economic growth anchored by lending and trade, challenged by currency depreciation

20 November 2024

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%.