Georgia Economy Grows 6.4% in May

Georgia’s economy expanded by 6.4% year-on-year in May 2026, slightly accelerating from a 6.2% growth in the previous month. Economic activity remained supported by strong performance across several key sectors, with financial and insurance activities, information and communication, manufacturing, and transportation and storage being the main contributors to growth, while construction continued to contract. In the first five months of 2026, average real GDP growth stood at 7.8%. External trade remained supportive, with exports rising 19.8% year-on-year to $3.11 billion in January-May, while imports declined 1.9% to $7.33 billion, bringing total merchandise trade turnover to $10.44 billion, up 3.7% from a year earlier.

Georgia’s economy expanded by 6.2% year-on-year in April 2026, easing from 10.7% growth recorded in the previous month. This marked the softest economic growth since last October, but remained supported by solid activity across several key sectors. Manufacturing, information and communication, transportation and storage, wholesale and retail trade, and financial and insurance activities were the main contributors to growth. In contrast, declines were registered in construction as well as mining and quarrying activities. Over the first four months of 2026, economic activity averaged at 8.3%. External trade trends remained favorable, with exports rising 21.1% year-on-year to $2.44 billion in January-April, while imports declined 4.9% to $5.69 billion.

Georgia’s economic activity expanded by 10.7% year-on-year in March 2026, accelerating from an 8.8% increase in the previous month. This marks the strongest growth since January 2025, driven by solid performance in manufacturing, information and communication, professional, scientific and technical activities, mining and quarrying, construction, and transportation and storage. External demand improved notably, with exports rising by 23.4% while imports contracted by 7.1%. In contrast, declines were observed in administrative and support services as well as accommodation and food service activities. Over the first quarter of the year, GDP growth averaged 9.1%.