PMCG Research Center founder Lekso Aleksishvili says the forces behind Georgia’s current economic growth differ sharply from past drivers. In an interview with BMG TV, Lekso Aleksishvili explained that regional geopolitical shifts have become the main catalyst for growth not only in Georgia but across the region, replacing earlier periods when sectors like foreign investment, transport or logistics dominated.
According to Lekso Aleksishvili, Georgia has become an important provider of global services, which has accelerated growth. He notes that the ICT sector is expanding the fastest, driven by significant inflows from abroad. However, Lekso Aleksishvili emphasizes that while revenues entering the country are rising rapidly, domestic productivity is not increasing at the same pace.
Lekso Aleksishvili also discussed why certain price increases remain sensitive for households despite strong economic growth and relatively stable inflation. He says demand is rising in ICT, transport and education services, supported by remittances and investments, creating strong pressure on the domestic market.
Because local production cannot grow quickly enough to meet this rising demand, Lekso Aleksishvili explains that the gap ultimately pushes prices upward. This imbalance, he says, is why even small price changes remain decisive for many Georgian families.
