IMF Forecasts 7.2% Growth for Georgia Driven by Tourism and ICT

The IMF forecasts 7.2 percent GDP growth for Georgia in 2025, driven by resilient domestic demand, tourism strength, ICT expansion, and transport services.

Growth will converge to 5 percent medium-term potential as domestic demand decelerates. Inflation should remain near 3 percent target with current account deficit stabilizing around 5 percent GDP.

Reserves will improve gradually through opportunistic foreign exchange purchases and FDI recovery. The 2024 external position aligned with fundamentals and desirable policies.

IMF completed Georgia's Article IV Consultation in July 2025, noting the economy performed remarkably despite elevated domestic and geopolitical uncertainty with average 9 percent annual growth since 2021.