The Asian Development Bank (ADB) has maintained its forecast for Georgia’s economic growth in 2026 at 5.5%, according to its latest update on the economic outlook for member countries. However, the bank increased Georgia’s inflation forecast from 3.8% to 4.9%.
ADB revised down growth expectations for several countries in the region, including Armenia, where the forecast was lowered from 5.5% to 5%, and Turkey, where it was reduced from 3.6% to 3.1%. The bank kept Azerbaijan’s 2026 growth forecast unchanged at 2%.
For all ADB member economies combined, economic growth is now expected to reach 4.9% in 2026, which is 0.2 percentage points lower than the bank’s previous projection in April. ADB linked the downward revision to increased tensions in the Middle East and rising risks of higher inflation due to potential fuel price increases.
Among major Asian economies, India’s growth forecast was cut from 6.9% to 6.6%, while China’s forecast remained unchanged at 4.6%. Indonesia’s growth outlook stayed at 5.2%, and Thailand’s at 1.8%.
In Central Asia, ADB kept Kazakhstan’s growth forecast at 4.8% and Uzbekistan’s at 6.7%. The bank also maintained Azerbaijan’s economic growth outlook at 2% for 2026.
