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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 | Agri Review
30 June 2025

In June 2025, the National Statistics Office of Georgia released its annual publication on the agricultural sector, Agriculture of Georgia 2024. According to the report, agriculture, forestry, and fishing accounted for 6.2% of GDP in 2024 – slightly below previous years, yet consistent with the general trend of recent years, during which the sector’s share averaged 7–8%.

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 | 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.

Reassessing tariff policies: implications of U.S. reciprocal tariffs for global trade and Georgia's economy
30 April 2025

In 2025, President Donald Trump reintroduced a sweeping tariff policy as a central element of his economic agenda. Framed as a “universal baseline tariff,” the new measures impose a 10% duty on all imports and introduce even higher reciprocal tariffs on countries with large trade surpluses with the United States. These policies mark a continuation and an escalation of Trump’s earlier protectionist approach during his first term.

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