Georgia GDP Growth Rate (2026)
Georgia has a growing Caucasus economy supported by services, trade, tourism, construction, and investment. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+5.3%
Annual real GDP growth
World Rank
#20
Out of 195 countries
Change vs 2025
-2.2 pp
2025: +7.5%
Asia Rank
#7
Out of 49 countries
1. Georgia GDP Growth Rate in 2026
Georgian economic growth is supported by tourism, household demand, investment, trade, and transport services. Regional economic conditions and capital inflows remain important.
2. Georgia GDP Growth Rate Trends (1995–2026)
Georgia’s growth history has been shaped by market reforms, tourism expansion, infrastructure development, and increasing regional trade. Foreign investment has played a significant role.
3. Georgia GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +5.3% | -2.2 pp |
| 2025 | +7.5% | -2.2 pp |
| 2024 | +9.7% | +1.9 pp |
| 2023 | +7.8% | -3.2 pp |
| 2022 | +11.0% | +0.4 pp |
| 2021 | +10.6% | +16.9 pp |
| 2020 | -6.3% | -11.7 pp |
| 2019 | +5.4% | -0.7 pp |
| 2018 | +6.1% | +0.9 pp |
| 2017 | +5.2% | +1.7 pp |
| 2016 | +3.5% | +0.1 pp |
| 2015 | +3.4% | -0.7 pp |
| 2014 | +4.1% | -1.0 pp |
| 2013 | +5.1% | -1.5 pp |
| 2012 | +6.6% | -1.3 pp |
| 2011 | +7.9% | +1.0 pp |
| 2010 | +6.9% | +10.6 pp |
| 2009 | -3.7% | -6.1 pp |
| 2008 | +2.4% | -10.2 pp |
| 2007 | +12.6% | +3.2 pp |
| 2006 | +9.4% | -0.2 pp |
| 2005 | +9.6% | +3.8 pp |
| 2004 | +5.8% | -5.4 pp |
| 2003 | +11.2% | +5.7 pp |
| 2002 | +5.5% | +0.7 pp |
| 2001 | +4.8% | +2.9 pp |
| 2000 | +1.9% | -1.0 pp |
| 1999 | +2.9% | -0.1 pp |
| 1998 | +3.0% | -7.3 pp |
| 1997 | +10.3% | -0.2 pp |
| 1996 | +10.5% | +7.9 pp |
| 1995 | +2.6% | — |
4. Georgia GDP Growth Performance
Current Growth Rate
+5.3%
(2026 to 2026)
5-Year Average
+8.3%
(2022 to 2026)
10-Year Average
+6.2%
(2017 to 2026)
20-Year Average
+5.6%
(2007 to 2026)
The economy benefits from strong tourism, logistics, and services growth, while a flexible business environment supports investment. External shocks can still affect its small open economy.
5. Georgia GDP Growth Rate vs Asia and World
Georgia
+5.3%
Asia Average
+2.4%
World Average
+2.8%
0.0%
2.7%
5.3%
Annual real GDP growth (%)
Georgia’s GDP growth rate is approximately
3.0 pp
above the
Asia average
and
2.5 pp
above the world average.
6. Georgia GDP Growth Rate Ranking in Asia
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #3 | India | +6.5% |
| #4 | Uzbekistan | +6.5% |
| #5 | Kyrgyzstan | +6.1% |
| #6 | Tajikistan | +6.0% |
| #7 | Georgia | +5.3% |
| #8 | Armenia | +5.3% |
| #9 | Mongolia | +5.3% |
| #10 | Taiwan | +5.2% |
| #11 | Sri Lanka | +5.0% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Georgia
Georgia GDP (Nominal)
$42.7 Billion
(2026)
Georgia GDP Growth Rate
+5.3%
(2026)
Georgia often grows faster than many mature economies due to continued convergence and investment. Regional trade and geopolitical conditions remain major influences.
Explore more:
Georgia GDP
9. Georgia GDP Growth Rate Forecast
The outlook depends on tourism, investment, infrastructure, trade, and domestic demand. Geopolitical uncertainty and external financing risks remain important.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +5.0% | -0.3 pp |
| 2028 | +5.0% | 0.0 pp |
| 2029 | +5.0% | 0.0 pp |
| 2030 | +5.0% | 0.0 pp |
10. Georgia GDP Growth Rate: Key Findings
Georgia GDP growth rate is estimated at +5.3% in 2026.
It ranks #20 globally and #7 in Asia by annual GDP growth rate.
The growth rate slowed by 2.2 percentage points compared with 2025.
The 5-year average GDP growth rate is +8.3%.
The 10-year average GDP growth rate is +6.2%.
The current rate is 3.0 percentage points above the Asia average.
The current rate is 2.5 percentage points above the world average.
The forecast GDP growth rate is +5.0% in 2030, 0.3 percentage points below the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
November 2026
13. Georgia GDP Growth Rate FAQs
Georgia GDP growth rate is estimated at +5.3% in 2026.
Georgia ranks #20 globally and #7 in Asia by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +5.3% in 2026.
Georgia GDP growth rate was +3.4% in 2015.
Georgia GDP growth rate is 3.0 percentage points above the Asia average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.