The International Monetary Fund’s decision to raise Georgia’s economic growth forecast twice this year reflects the government’s consistent and effective economic policies, Deputy Economy Minister Vakhtang Tsintsadze said, according to the Ministry of Economy and Sustainable Development.
The IMF’s October World Economic Outlook projects Georgia’s economy to grow by 7.2% in 2026, up 0.7 percentage points from its June forecast and 1.9 percentage points from its April projection. Tsintsadze said Georgia’s growth rate is among the highest globally and exceeds those of EU member states, EU candidate countries and neighboring economies. The country’s projected growth is 2.8 times the average for EU candidate countries, he added.
Tsintsadze also noted that Georgia is expected to lead EU candidate countries in economic growth over 2026–2031. Between 2021 and 2026, the country ranked fourth globally in terms of economic growth.
He attributed the performance to structural reforms and accelerated major infrastructure projects, saying the policies help sustain strong growth and are reflected in assessments by international financial institutions and credit rating agencies, as well as rising household incomes.
