Georgian Economy Accelerates

Galt & Taggart's forecast is more optimistic than government expectations

The Georgian economy could grow by 6% in 2026. This forecast was published by the analytical company Galt & Taggart, noting that the growth rate will be higher than the parameters laid down in the approved state budget, which expects an increase in GDP of 5%.

According to experts, the key supporting factors will be a stable inflow of foreign currency, relative stability of the lari, and a slowdown in inflation to a target level of about 3%. Analysts believe that the combination of these conditions will improve consumer and investment sentiment in the country.

At the same time, Galt & Taggart points to the continuing risks, primarily related to political and geopolitical uncertainty. With a favorable development of the situation, current economic processes, in their opinion, will create conditions for easing monetary policy: in 2026, the refinancing rate of the National Bank of Georgia may be reduced to 7.5% against the current 8%, which has been maintained since May 2024.

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