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

New tariffs and categoriesThe main essence of the changes is to change the principle of taxation of cars by age group: 0 to 6 years inclusive: the excise duty rate is set at 1.5 GEL per 1 cm³ of engine capacity. Over 6 years of age: the excise duty rate is tripled and becomes 4.5 GEL per 1 cm³. In addition, the benefits for hybrid vehicles (a tariff reduced by 60% of the basic rate) will be maintained, and the basic rate for right-hand drive vehicles will also be tripled.Transitional period and deadlines1. The draft law provides for preferential conditions for those who have already started the process of importing a vehicle:2. The old tariff will be used by those whose vehicle will enter Georgia before April 1, 2026, or whose transportation to a foreign country will begin before this date.In the case of land transportation (or when moving on one's own), the old rates will apply if the vehicle enters the territory of the country before July 1, 2026.Why is the legislation being changed?The authors of the initiative are the deputies of the Georgian Dream. According to them, the existing system failed to stimulate the renewal of the car fleet, as the low excise tax on 6-8-year-old cars made their import economically advantageous.“A large part of the cars imported into Georgia are over 6 years old, which causes air pollution and increases the risk of road accidents. The goal of the change is to create a stable environment for the import of new cars and establish an effective financial barrier to restrict older vehicles,” the explanatory note to the bill says.Despite the support of the committees, the initiative was sharply criticized by Dimitri Khundadze, a member of parliament from the People’s Power party. According to him, the proposed tariffs are not “restrictive” but “prohibitive,” which will have the opposite ecological effect.Khundadze cited the following as his main arguments: Aging of the vehicle fleet: According to the MP, since a large part of society cannot afford to buy a new car, they will be forced to artificially extend the service life of existing old cars, which will lead to even greater aging of the vehicle fleet. Social factor: Khundadze notes that, unlike Tbilisi, public transport in the regions is not organized and a car is not a luxury there, but the only means of transportation. A blow to re-export: The changes may also negatively affect the re-export sector, which is one of the leading directions for the Georgian economy. Technical inspection instead of age: The MP believes that age alone cannot be decisive and it is necessary to improve the technical inspection tool - if the car is technically sound, its ban is unjustified.

1773739140

The Prime Minister also focused on the results of the agro-credit subsidy program and noted that the total output of the sector has almost doubled since 2018. As for foreign trade, exports currently amount to 4.5 billion GEL, although the fact that this volume is based on only a few product categories remains a challenge.According to Irakli Kobakhidze, despite the growth, the country is still significantly dependent on imports for meat, dairy products and grains. The main task of the state and the private sector remains to increase production productivity, expand the export range and establish itself in new, highly cost-effective international markets.

1773661896