The economy of Georgia grew by 6.9% year-on-year in the second quarter of 2026, following a 6.7% expansion in Q1. Output growth slowed significantly in mining and quarrying (4.6% vs 10.4% in Q1 2026), accommodation and food service activities (7.9% vs 12.4%), water supply (12.7% vs 17.4%), information and communication (16.6% vs 36.0%), financial and insurance services (8.5% vs 11.7%), professional, scientific and technical activities (9.2% vs 9.4%), administrative and support service activities (0.2% vs 6.6%), and public administration and defence; compulsory social security (6.2% vs 7.4%). Additionally, the contraction continued in agriculture (-3.5% vs -3.3%) and construction (-4.8% vs -2.0%). Meanwhile, activity strengthened in manufacturing (7.3% vs 0.3%), transportation and storage (19.8% vs 18.0%), health and social work (15.0% vs 12.6%), electricity, gas, steam and air conditioning supply (7.3% vs 6.5%), real estate (4.9% vs 3.1%), and wholesale and retail trade (8.0% vs 5.5%). source: National Statistics Office of Georgia

The Gross Domestic Product (GDP) in Georgia expanded 6.90 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Georgia averaged 6.03 percent from 2004 until 2026, reaching an all time high of 24.70 percent in the second quarter of 2021 and a record low of -13.70 percent in the second quarter of 2020. This page provides - Georgia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

The Gross Domestic Product (GDP) in Georgia expanded 6.90 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Georgia is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia GDP Annual Growth Rate is projected to trend around 3.60 percent in 2027 and 3.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-19 07:00 AM
GDP Growth Rate YoY
Q1 9.0% 6.7% 6.6%
2026-09-18 07:00 AM
GDP Growth Rate YoY
Q2 6.9% 9.0% 7.5%
2026-12-18 07:00 AM
GDP Growth Rate YoY
Q3 6.9% 6.5%


Related Last Previous Unit Reference
GDP Growth Rate YoY 6.90 9.00 percent Jun 2026
GDP Constant Prices 18936.00 16683.20 GEL Million Jun 2026
GDP from Agriculture 1122.40 654.20 GEL Million Jun 2026
GDP from Construction 896.70 743.50 GEL Million Jun 2026
GDP from Manufacturing 1514.70 1151.20 GEL Million Jun 2026
GDP from Mining 108.80 116.30 GEL Million Jun 2026
GDP from Public Administration 1163.80 1148.80 GEL Million Jun 2026
GDP from Services 2429.20 1875.60 GEL Million Jun 2026
GDP from Transport 1909.00 1632.30 GEL Million Jun 2026
GDP from Utilities 595.50 599.20 GEL Million Jun 2026
Gross Fixed Capital Formation 5419.90 4644.70 GEL Million Jun 2026
Gross National Product 26380.30 23556.10 GEL Million Jun 2026


Georgia GDP Annual Growth Rate
The most important sector of Georgian economy is services and accounts for 69 percent of total GDP, of which wholesale and retail trade, repair of motor vehicles, motorcycles and personal and household goods (17 percent); public administration (8 percent); transport (8 percent) and real estate, renting and business activities (7 percent). Industry constitutes 23 percent with manufacturing (10 percent) and construction (9 percent). Agriculture, hunting, forestry and fishing create 8 percent of the wealth. On the expenditure side, household consumption is the main component of GDP and accounts for 61 percent of its total use, followed by gross fixed capital formation (30 percent) and government expenditure (17 percent). Exports of goods and services account for 50 percent of GDP while imports account for 62 percent, subtracting 12 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
6.90 9.00 24.70 -13.70 2004 - 2026 percent Quarterly
Constant prices 2019, NSA

News Stream
Georgia GDP Growth Slows in Q2
The economy of Georgia grew by 6.9% year-on-year in the second quarter of 2026, following a 6.7% expansion in Q1. Output growth slowed significantly in mining and quarrying (4.6% vs 10.4% in Q1 2026), accommodation and food service activities (7.9% vs 12.4%), water supply (12.7% vs 17.4%), information and communication (16.6% vs 36.0%), financial and insurance services (8.5% vs 11.7%), professional, scientific and technical activities (9.2% vs 9.4%), administrative and support service activities (0.2% vs 6.6%), and public administration and defence; compulsory social security (6.2% vs 7.4%). Additionally, the contraction continued in agriculture (-3.5% vs -3.3%) and construction (-4.8% vs -2.0%). Meanwhile, activity strengthened in manufacturing (7.3% vs 0.3%), transportation and storage (19.8% vs 18.0%), health and social work (15.0% vs 12.6%), electricity, gas, steam and air conditioning supply (7.3% vs 6.5%), real estate (4.9% vs 3.1%), and wholesale and retail trade (8.0% vs 5.5%).
2026-09-18
Georgia GDP Growth Accelerates to 9.0% in Q1
The economy of Georgia grew by 9.0% year-on-year in the first quarter of 2026, following a 6.7% expansion in the previous quarter. Output accelerated in mining and quarrying (10.4% vs 4.8% in Q4 2025), transportation and storage (18.0% vs 11.0%), accommodation and food service activities (12.4% vs 4.0%), information and communication (36.0% vs 22.0%), financial and insurance services (11.7% vs 9.1%), professional, scientific and technical activities (9.4% vs 7.5%), administrative and support service activities (6.6% vs 3.3%), and health and social work activities (12.6% vs 7.2%). At the same time, activity rebounded in electricity, gas, steam and air conditioning supply (6.5% vs -5.5%) and real estate (3.1% vs -0.3%). In contrast, output growth slowed in manufacturing (0.3% vs 6.2%), wholesale and retail trade (5.5% vs 7.4%), and education (0.7% vs 17.1%), while output declined in construction (-2.0% vs 2.5%) and agriculture (-3.3% vs -2.9%).
2026-06-19
Georgia GDP Grows 6.7% YoY in Q4
The economy in Georgia grew by 6.7% year-on-year in the fourth quarter of 2025, following a 6.4% expansion in the previous quarter. Output accelerated in manufacturing (6.2% vs 2.5% in Q3), construction (2.5% vs 0.2%), wholesale and retail trade (7.4% vs 3%), transport and storage (11% vs 8.1%), information and communication (22% vs 21.1%), and arts, entertainment, and recreation (14.3% vs 13%). At the same time, activity recovered in mining and quarrying (4.8% vs -8.7%) and declined less for agriculture (-2.9% vs -5.4%). In contrast, output growth slowed in financial and insurance services (9.1% vs 14.7%), administrative and support services (3.3% vs 3.8%), education (17.1% vs 20.7%), and health and social work activities (7.2% vs 10.4%). Real estate activity (-0.3% vs 2.6%) also slipped into negative territory.
2026-03-20