Georgia's Economy Accelerates: IT, Finance, Industry, and Sharp Export Growth

GDP growth reached 6.4% in May, and 7.8% over five months

According to preliminary estimates, Georgia's economy showed real growth of 6.4% in May 2026. Overall, for January–May, the growth rate increased to 7.8%, indicating the continuation of stable positive dynamics in the first half of the year.

According to the country's Ministry of Economy and Sustainable Development, in May, the turnover of VAT-paying enterprises grew by 8.7% year-on-year. At the same time, the number of new companies increased by 2.2%, to 6,542 registrations. The main contributions to growth came from the information and communication sector, financial and insurance services, manufacturing, transport and logistics, healthcare, and the real estate market.

Image source: Grok

Foreign trade became an additional driver. Exports for the five months grew by almost 20% and reached $3.1 billion, while deliveries of domestically produced goods (excluding re-exports) increased by 66.1%, to $1.93 billion. The government notes that the combination of domestic business activity and expanding export flows continues to support the high growth rates of the country's economy.