Georgia Keeps Inflation Under Control Despite Global Price Hikes

The country's price growth is moderate, but its neighbors are not so lucky

Georgia was among the countries with moderate inflation in 2025, ranking 68th out of 191 in terms of consumer price growth - the figure was 3.9%. The data is provided in a Visual Capitalist review based on the IMF's October World Economic Outlook. Despite the increase in US trade tariffs to record levels in a century, global inflation slowed to 4.2%, and many economies showed resilience to external shocks.

The IMF forecasts that global inflation will fall to 3.7% in 2026, mainly due to weak price growth in China and moderate inflation in a number of European countries. Among the leaders in price growth in 2025 was Venezuela with a record 269.9%, followed by South Sudan (97.5%), Zimbabwe (89%), Sudan (87.2%) and Iran (42.4%). At the opposite end of the ranking, Panama recorded deflation of -0.1%, China - 0%, and Fiji, Qatar, Switzerland and Liechtenstein - 0.1%.

Neighboring countries show more dramatic fluctuations. In Turkey, inflation was 34.9%, which allowed it to take eighth place in the world, in Russia - 9% (27th place), in Azerbaijan - 4.2% (42nd place), and in Armenia - only 3.3% (98th place). Compared to its neighbors, the situation in Georgia looks calm, despite exceeding the target of 3%.

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