The World Bank has revised its forecast for Georgia’s 2025 economic growth to 7%, marking a 1.5 percentage point increase from its previous projection. The updated figures were released in the Bank’s latest regional economic review, mentioning Georgia’s stronger-than-expected performance in 2024 as the main reason for the upward revision.
Looking ahead, the World Bank expects Georgia’s economy to expand by 5.5% in 2026, up by 0.5 percentage points from its June estimate.
Georgia’s upgraded forecast aligns with similar revisions from other international institutions. In recent weeks, both the European Bank for Reconstruction and Development (EBRD) and the Asian Development Bank (ADB) raised their 2025 growth estimates to 7%, while the International Monetary Fund (IMF) adjusted its July projection to 7.2%.
The report also provided new projections for neighboring countries: Armenia’s growth outlook improved to 5.2%, while Azerbaijan’s and Russia’s forecasts declined to 1.9% and 0.9%, respectively. Turkey’s growth expectation was raised slightly to 3.5%.
