IMF Raises Georgia’s 2025 Economic Growth Forecast to 7.3%
The International Monetary Fund (IMF) has revised its 2025 economic growth forecast for Georgia, raising it from 6% to 7.3%.
The revision follows a mission that assessed Georgia’s recent economic performance, future outlook, and potential risks. According to the IMF, strong economic activity continues in the country.
“Real GDP grew by 9.4% in 2024, despite domestic political tensions. Consumption was the primary driver of growth, while investment and net exports had been key contributors in previous years. Tourism rebounded to pre-COVID levels. The information and communication technology and transport sectors were among the main growth engines, benefiting from highly skilled migrant workers and increased transit trade. Unemployment continued to decline but remains elevated,” the IMF stated.
The strong growth observed in the first four months of 2025 supports the revised forecast of 7.3% for the year.
“The high growth rate recorded in the first four months of 2025 suggests that growth will reach 7.2% this year, before returning to the medium-term rate of 5%,” the Fund noted.
