Fitch Ratings says Georgia’s economy is expected to grow by 6.5% in 2026, remaining stronger than the average for countries with similar credit ratings despite external challenges.
In its latest assessment, Fitch noted that Georgia’s economic growth remained strong in the first quarter of 2026 after average GDP growth slightly above 8% during 2023-2025.
The agency said growth has been driven mainly by the information and communication technology sector and transport services.
“GDP growth is well balanced,” Fitch stated, pointing to strong investments, household consumption and positive contributions from net exports.
The report says household spending continues to be supported by rising real disposable incomes, while investments remain “buoyant.”
Fitch expects economic growth to slow moderately compared to previous years, but still remain above the median for ‘BB’-rated countries. Over the medium term, the agency says growth could gradually converge toward the Georgian government’s estimate of 5%.
At the same time, Fitch warned about mounting external challenges and ongoing political polarization in the country following the disputed 2024 parliamentary elections.
The agency also noted that unemployment remained high at 14% in 2025, reflecting what it described as “structural rigidities” in Georgia’s labor market.
Retaliated stories:
Fitch affirms Georgia’s ‘BB’ rating, keeps stable outlook
Fitch expects Georgia’s inflation to gradually return to 3% target
