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%). source: National Statistics Office of Georgia
The Gross Domestic Product (GDP) in Georgia expanded 9 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Georgia averaged 6.02 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 June of 2026.
The Gross Domestic Product (GDP) in Georgia expanded 9 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Georgia is expected to be 3.00 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 3.40 percent in 2027, according to our econometric models.