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Quarter 1, 2025 Macro Review | Sustained growth and stability in an uncertain global landscape
01 July 2025

According to GeoStat’s preliminary estimates in the first quarter of 2025, Georgia’s nominal GDP reached GEL 21,798.2 million, with a year-over-year real GDP growth of 9.8% and a GDP deflator change of 3.4%. The economic expansion was largely driven by strong growth in several key sectors. The most notable increases were observed in Education (+27.7%), Information and communication (+28.5%), Administrative and support service activities (29.7%), Human health and social work activities (17.9%).

June 2025 | Khachapuri Index continues its seasonal decline
30 June 2025

In June 2025, the average cost of cooking one standard portion of Imeretian khachapuri stood at 6.28 GEL. The Khachapuri Index continued its downward trend for the fourth consecutive month. However, on an annual basis, the average price was still 4.7% higher than in June 2024.

June 2025 | June 2025 leading GDP forecast: strong growth expectations despite external and domestic pressures in Georgia
20 June 2025

According to the ISET Policy Institute's latest projections, based on Aprils 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.

May 2025 | Khachapuri Index's downward trend continues
30 May 2025

The average cost of cooking one standard portion of Imeretian khachapuri was 6.46 GEL in May 2025. Continuing its month-on-month downward trend, the price declined by 5.6% compared to April 2025. However, it remains 10.7% higher than in May 2024.

May 2025 | Robust growth amid uncertainty: Georgia’s leading GDP forecast signals up to 7.1% expansion in 2025
20 May 2025

According to the ISET Policy Institute's latest projections, based on March 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.

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