Despite the economic risks posed by the country's political crisis and growing isolation from the West, the Georgian Dream government has positive expectations for 2025.
First Vice Prime Minister and Minister of Economy Levan Davitashvili says that “despite the challenges, Georgia has one of the highest economic growth rates among the wider region, Europe and EU candidate countries.”
GD Prime Minister Irakli Kobakhidze says that “one of the priorities will be to accelerate economic growth further.”
According to the 2025 budget approved by the single-party parliament, government spending next year is planned at 27.9 billion GEL. The main macroeconomic parameters are as follows:
Economic growth is planned at 6%. It is worth noting that initially the budget included a growth of 5.5%, although the increased figure was eventually approved.
The average inflation forecast is 1%, which is less than the National Bank’s target of 3%.
Nominal GDP is forecast at 99.2 billion GEL in amount, and the gross domestic product per capita exceeds 9,700 USD.
