In February 2026, the weighted average selling price of old apartments in Tbilisi increased by 8% compared to February 2025 in the suburbs, by 4.8% in the wider center, and by 11.6% in the city center. In old projects across the city, prices increased by 8.5%.In February 2026, the weighted average selling price of newly built apartments in Tbilisi increased by 9.1% in the suburbs compared to February 2025, by 8.2% in the wider center, and by 14.7% in the city center.Prices for newly built apartments in the city center increased by 15.1% in the primary market, which is due to the delayed registration of transactions by developers, while an 8.2% increase was recorded in the secondary market of the city center. The increase in the weighted average price of primary transactions across the city amounted to 10.7%. In the secondary market, the weighted average price across the city increased by 6.3%.In addition, in February 2026, the number of residential apartment transactions in Tbilisi amounted to 3,801 units, an increase of 20.4% compared to February last year. The market size increased by 34.4% to $311 million.

1774268207

In February 2026, the number of transactions for newly built apartments in Batumi increased by 22.7% compared to February last year, while transactions for old apartments decreased by 12.8%. The number of transactions increased in both the primary (24.4%) and secondary (21.4%) markets for newly built apartments.According to recov.ge, the weighted average price of newly built apartments in Batumi in February 2026 increased by 12.6% compared to February last year and amounted to 1,334 USD per sq. m. The indicator increased by 23.2% in the primary market, while an increase of 6.9% was recorded in the secondary market (part of transactions in the primary market are registered late, which is why the price growth trend does not reflect reality).In February 2026, the number of residential apartment transactions in Batumi increased by 19.7% compared to February last year and amounted to 1,315 units, while the market size increased by 33.1% to 82 million USD.In addition, the increase in transactions of newly built apartments in Batumi in February 2026 was mainly due to foreign buyers. Their share in the secondary market was 50%. Compared to February of last year, the number of foreign buyers in the primary market of newly built apartments increased by 53.9%, and in the secondary market by 47.6%. The share of foreign citizens in the number of transactions surpassed the share of Georgian citizens in both the primary and secondary markets.

1774268094

The prices for mining and quarrying increased by 2.2 percent compared to January 2026, resulting in a 0.17 percentage point contribution to the overall monthly PPI change. In the same period, the prices for manufactured products decreased by 0.5 percent, contributing -0.38 percentage points to the monthly index change. Within the group, a noteworthy price decrease was registered for food products (-0.5 percent) and basic pharmaceutical products and pharmaceutical preparations (-6.1 percent).Besides, the prices decreased for electricity, gas, steam and air conditioning by 1.9 percent, contributing -0.2 percentage points to the monthly index change.The annual PPI rate was mainly affected by price changes for the following products: Mining and quarrying: the prices were 34.2 percent higher, contributing 2.19 percentage points to the overall annual index change. Within the group, the prices were higher for the subgroup of metal ores (47.6 percent) Manufactured products: the prices increased by 4.1 percent, contributing 3.24 percentage points to the overall annual index increase. There was a notable increase in the prices for food products (10.3 percent) and basic metals (11.2 percent) Electricity, gas, steam and air conditioning: the annual price increase amounted to 1.0 percent, which contributed 0.11 percentage points to the annual index change Water supply, sewerage, waste management and remediation services: the annual price increase amounted to 5.1 percent, which contributed 0.16 percentage points to the annual index growth

1774008021

Significant contributions to the real GDP growth in Q4 2025 are related to increase of valueadded of the following activities: Information and communication (22.0 percent), Wholesale and retail trade; repair of motor vehicles and motorcycles (7.4 percent), Education (17.1 percent), Transportation and storage (11.0 percent), Public administration and defence; compulsory social security (8.4 percent), Arts, entertainment and recreation (14.3 percent), Manufacturing (6.2 percent).The largest negative contributor to growth in Q4 2025 was Electricity, gas, steam and air conditioning supply (-5.5 percent).The largest share in GDP by activity is held by Wholesale and retail trade; repair of motor vehicles and motorcycles (15.6 percent) and Manufacturing (9.3 percent), followed by Real estate activities (9.0 percent), Construction (8.9 percent), Information and communication (7.6 percent), Public administration and defence; compulsory social security (6.8 percent), Education (6.5 percent), Transportation and storage (6.4 percent) and Financial and insurance activities (4.8 percent).

1774007871

The largest shares of GDP by activity are held by Wholesale and retail trade; repair of motor vehicles and motorcycles (14.8 percent) and real estate activities (9.3 percent), followed by Manufacturing (9.1 percent), Information and communication (8.0 percent), Construction (8.0 percent), Public administration and defence; compulsory social security (6.7 percent), Education (6.4 percent), Transportation and storage (6.1 percent), Agriculture, forestry and fishing (5.9 percent).Significant contributions to the real GDP growth in 2025 are related to increase of valueadded of the following activities: Information and communication (28.7 percent), Education (24.5 percent), Public administration and defence; compulsory social security (9.3 percent), Financial and insurance activities (12.9 percent), Wholesale and retail trade; repair of motor vehicles and motorcycles (3.8 percent), Transportation and storage (8.9 percent), Real estate activities (5.0 percent).The largest negative contributions to growth in 2025 were recorded in the following activities: Agriculture, forestry and fishing (-5.7 percent), Electricity, gas, steam and air conditioning supply (-4.5 percent).

1774007789

Hydropower generation increased by 51.9% year-on-year to 672 GWh, while wind power generation increased by 17.6% year-on-year to 6.6 GWh. As for thermal power plants, their generation decreased by 23.3%, to 316 GWh.In the same month, Georgia’s electricity consumption increased by 1.8% year-on-year to 1,226 GWh.The investment company writes that in February, retail consumption amounted to 703 GWh (-2.2% y/y), while direct consumption increased by 25.4% annually and amounted to 266 GWh.Consumption in the Autonomous Republic of Abkhazia, compared to the corresponding period of last year, decreased by 5.7%, to 257 GWh.In February 2026, the weighted average price of balancing electricity was 5.57 US cents per kilowatt-hour, which is equivalent to a 6.6% annual decrease.Prices in the balancing electricity market decreased by 10.6% in monthly terms.In the same month, Georgia imported 277 GWh of electricity.29%, 81 GWh, of imported electricity hours, the country received from Azerbaijan.In addition, a large share of the 194 GWh of electricity imported from Russia, 129 GWh, was used to cover the consumption of occupied Abkhazia.In February, Georgia's electricity imports totaled 7.3 million USD.

1774007693

In January-February 2026, the share of the ten largest countries in Georgia's total domestic exports amounted to 68.1%. In this regard, the largest export partners are: China ($143.9 million) Russia ($84.9 million) Turkey ($76.1 million) According to Geostat, in the top ten of local exports in January-February 2026, precious metal ores and concentrates are represented in the first place with $125.6 million, the share of this commodity group is 19% of total local exports. In second place is oil and oil products, with $88.1 million (13.3% of total local exports), and in third place is hazelnuts and other nuts with $34.2 million (5.2% of total local exports).

1773921664

According to Geostat, in January-February 2026, the share of the ten largest export partner countries in Georgia's total exports amounted to 72.1%. The top three export countries were formed as follows: China ($147.1 million) Kyrgyzstan ($105.9 million) Azerbaijan ($95.1 million) In January-February 2026, the share of the ten largest import partner countries in Georgia's total imports amounted to 69.1%. The top three include: Turkey ($415.6 million) Russia ($326.3 million) China ($310.7 million) In January-February 2026, the share of the ten largest trade partner countries in Georgia's total foreign trade turnover amounted to 66.9%. The country's largest trading partners are: Turkey ($499.5 million) China ($457.8 million) Russia ($418.3 million) In January-February 2026, among the top ten export commodity groups, passenger cars took first place with $216.3 million, which is 21.1% of all exports. Precious metal ores and concentrates take second place with $125.6 million (12.2% of all exports), and oil and petroleum products take third place with $93.3 million (9.1%).According to Geostat, the largest import commodity group in January-February 2026 was represented by passenger cars, whose imports amounted to $332.7 million and 13.4% of all imports. Second place is taken by oil and petroleum products with $209 (8.4% of imports), and third place is taken by petroleum gases and other gaseous hydrocarbons with $134.7 million (5.4% of imports).

1773920884

According to the economic activity, the highest monthly earnings were observed in the following sectors: Information and communication – 4 373.2 GEL (increased by 9.1 percent compared to the corresponding period of the previous year) Construction – 3 938.9 GEL (increased by 17.2 percent) Financial and insurance activities – 3 747.7 GEL (increased by 11.1 percent) Mining and quarrying – 3 386.5 GEL (increased by 31.8 percent) In 4Q2025, the average earnings for women equaled 1 952.5 GEL, while for men, they were 2 978.9 GEL. The annual earnings growth amounted to 173.9 GEL (9.8%) for women and 325.1 GEL (12.2%) for men. In almost all sectors, men’s average monthly earnings exceeded those of women.In 4Q2025, the average monthly earnings of employees in the business sector increased by 241.3 GEL (10.2%) and equaled 2 608.4 GEL. According to the economic activity, the highest monthly earnings were observed in Information and communication (4 433.4 GEL, increased by 8.7 percent compared to the corresponding period of the previous year) and Construction (3 943.4 GEL, increased by 17.2 percent).In 4Q2025, compared to the same quarter of the previous year, the average monthly earnings of employees in the non-business and financial sector increased by 254.8 GEL (13.0%) and amounted to 2 210.2 GEL. According to the economic activity, the highest monthly earnings were observed in the Financial and insurance activities.Tbilisi and the Mtskheta-Mtianeti region lead in terms of average monthly earnings.

1773836538

The study shows that Georgia’s per-hectare yields for fruits, vegetables and grains are lower than those of neighboring countries and the EU.For example, Georgia’s fruit yield is only 4.8 tons per hectare, which is more than two times lower than Armenia (11.4 tons), Ukraine (11 tons) and the EU (11.7 tons).The difference is even more striking in the case of vegetables - the average yield in Georgia is 11.1 tons, while in Azerbaijan - 31.1 tons, in Armenia - 35.6 tons, and in Turkey - 42.3 tons. As for grain crops, Georgia (2.8 tons) here also lags behind both Azerbaijan and Turkey (3.4 tons), as well as Ukraine (5.1 tons) and the European Union (5.2 tons).The Galt & Taggart review emphasizes that the low yield is due to several fundamental factors, including low corporatization, lack of knowledge and technological backwardness. The share of business in the sector is only 13%, and the production of raw materials is mainly concentrated in households.Land fragmentation is also a problem - 73% of farms in Georgia are less than one hectare, 25% have an area of 1 to 5 hectares, and large farms, the size of which exceeds 5 hectares, make up only 2%. For comparison, in Azerbaijan and Armenia the share of farms smaller than one hectare is relatively lower (60-61%), which creates the basis for more efficient use of land in these countries.

1773818621