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%).
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%.
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.
27
May
2025
Three Lead Economists from the ISET Policy Institute – Davit Keshelava, Mariam Lobjanidze, and Giorgi Papava – participated in the prestigious Growth Academy 2025, held in Bucharest, Romania, from May 22 to 24, 2025. The event, jointly organized by the World Bank, the University of Chicago, and the National Bank of Romania, brought together leading academics, policymakers, and development practitioners from across the Europe and Central Asia (ECA) region.
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.
