Georgia’s economy grew by 6.2% in April 2026 compared to the same period last year, according to rapid estimates published by Geostat. Average growth for the first four months of 2026 stood at 8.3%.
Geostat says turnover of VAT-paying enterprises reached 15 billion GEL in April, marking a 10.3% annual increase.
By sector, the strongest growth was recorded in manufacturing, while declines were observed in mining and construction.
Geostat says key positive contributors to growth included manufacturing, information and communication, transport and storage, trade, and financial and insurance activities.
The Ministry of Economy says exports had a strong positive impact on economic performance, increasing by 21% in the first four months of 2026 to $2.4 billion.
The ministry adds that the launch of domestic petroleum refining significantly supported growth, contributing 1.83 percentage points to April’s GDP expansion.
In total, Georgia exported $324 million worth of petroleum products in January–April 2026, a 933% increase compared to the previous year, driven by the start of operations at the country’s first full-scale oil refinery, Black Sea Petroleum.
The ministry says business activity also remained strong, with the number of newly registered entities increasing by 6.9% to 6,195.
“High economic activity in January-April was significantly supported by positive dynamics in foreign trade,” the Ministry of Economy says, adding that local exports rose by 73.5% to $1.55 billion.
It says manufacturing, information and communication, transport and storage, education, healthcare, trade, and financial services made the largest positive contributions to growth.
