The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Georgia’s economic growth in 2026 from 5.5% to 6.0%, according to its latest Regional Economic Prospects report.
The EBRD expects Georgia’s economy to grow by 5% in 2027. The bank notes that major investments in the real estate, transport, and renewable energy sectors could further support growth.
At the same time, the report highlights external risks, particularly the ongoing conflict in the Middle East, which could weigh on economic activity through lower tourism revenues and higher energy import costs.
The revised forecast follows similar upgrades by Georgian authorities and the National Bank. The government recently increased its 2026 growth projection to 6.3%, while the National Bank raised its forecast to 6.5%.
According to Geostat, Georgia’s economy grew by 6.2% year-on-year in April 2026, with average growth reaching 8.3% in the first four months of the year.
