EBRD raises Georgia’s economic growth forecast

The European Bank for Reconstruction and Development (EBRD) has upgraded its economic growth forecast for Georgia, reflecting confidence in the country's economic resilience despite potential challenges stemming from regional instability.

According to updated projections, the EBRD now expects Georgia's economy to grow by 5.5% in 2026, up from its previous forecast of 5%. The bank forecasts GDP growth of 6% in 2026 and 5% in 2027, Caliber.Az reports per Georgian media. 

The EBRD noted that ongoing tensions and conflict in the Middle East could pose risks to Georgia's economic performance. Analysts warned that a decline in tourism revenues and higher costs for imported energy resources could dampen economic activity.

Despite these concerns, the bank maintains a positive outlook for Georgia, citing continued economic momentum and favorable growth prospects.

Other major international financial institutions, including the World Bank and the International Monetary Fund (IMF), also project Georgia's economic growth to remain in the 5% to 5.5% range over the coming years.

By Sabina Mammadli