The World Bank has reduced Georgia’s economic growth forecast for 2026 by 0.5 percentage points to 5%, in its June 2026 Global Economic Prospects report.
The report also lowered the global growth forecast for 2026 from 2.7% in January to 2.5%, saying the Middle East conflict is expected to reduce global economic growth by around 0.2 percentage points.
The Global Economic Prospects report outlines the following economic growth projections for the region in 2026:
While the World Bank has lowered its outlook for Georgia, several other international financial institutions have revised their forecasts upwards.
In May, the National Bank of Georgia increased its growth forecast from 5% to 6.5%, while the government raised its projection from 5% to 6.3% in June.
The European Bank for Reconstruction and Development (EBRD) upgraded its forecast for Georgia to 6% from 5.5% on June 3. The Asian Development Bank (ADB) raised its projection from 5% to 5.5% in April.
On June 10, the International Monetary Fund (IMF) also increased its forecast for Georgia to 6.5% from 5.3%.
