Prime Minister: Economic growth reached 7.6% in the first 8 months of 2026; this high growth is largely driven by the development of relatively high-productivity sectors

Prime Minister: Economic growth reached 7.6% in the first 8 months of 2026; this high growth is largely driven by the development of relatively high-productivity sectors

Between 2021 and 2025, average economic growth stood at 9.3%. This trend continues this year as well: according to preliminary data, economic growth reached 7.6% in the first 8 months of 2026. It is noteworthy that this high economic growth is largely driven by the development of relatively high-productivity sectors—including the export of information and communication technology (ICT) services, Prime Minister of Georgia Irakli Kobakhidze stated while speaking at the Tbilisi Financial Summit.

It is particularly welcome that the event is co-organized by the Singapore-based Global Finance & Technology Network (GFTN), an international network that includes both Georgia and other leading nations from around the world.

“For centuries, Georgia has served as a bridge connecting the East and the West. Today, against the backdrop of global economic and geopolitical shifts, this historical role is taking on new significance. Our strategic location, infrastructure, macroeconomic stability, and favorable investment climate provide a solid foundation for Georgia to develop into a regional hub for trade, logistics, finance, and technological innovation,” noted Irakli Kobakhidze.

According to the Prime Minister, the realization of this potential is supported by the momentum of high economic growth. He further stated that the average economic growth from 2021 to 2025 stood at 9.3%, and this trend is continuing this year as well.

"According to preliminary data, economic growth reached 7.6% during the first eight months of 2026. It is noteworthy that this high rate of economic growth is largely driven by the development of relatively high-productivity sectors—including the export of information and communication technology (ICT) services.

Alongside these positive macroeconomic trends, it is important to highlight the growing role of foreign direct investment (FDI) in the development of Georgia’s economy—particularly within the financial sector. The attraction of international capital here fosters greater competitiveness, facilitates the adoption of new technologies, and strengthens the country’s potential as a regional financial hub. Currently, the financial sector holds a leading position in attracting foreign direct investment to the country," noted Irakli Kobakhidze.