The International Monetary Fund (IMF) Executive Board described Georgia’s economy as “resilient” despite elevated “global uncertainty,” including the ongoing conflict in the Middle East, expecting economic growth to remain “strong, though moderating,” at 6.5% in 2026, while projecting inflation to stay above the National Bank of Georgia’s (NBG) target until mid-2027.
In a June 10 press release regarding the conclusion of its Article IV Consultation with Georgia, a regular review assessing member countries’ economic performance, the IMF lauded Georgia’s economic performance, saying real GDP grew by 7.5% in 2025 and “remained strong” in early 2026, while inflation rose above target, reaching 5.9% in April 2026 “due to higher energy prices.” It added that “fiscal and external buffers have strengthened, with reserves reaching the IMF’s adequacy threshold and public debt declining below 35% of GDP.”
Assuming the conflict in the Middle East is resolved soon, the IMP projects growth to “moderate to 6.5% in 2026, gradually converging to its medium-term potential rate of 5% by 2028.” Inflation is expected to return to target by mid-2027, while public debt is projected to “remain near current levels with continued prudent monetary and fiscal policies.”
