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Economics
Georgian economy grew by 9% in Q1 2026

According to GeoStat, the sectors that made the most significant positive contributions to growth in the first quarter of 2026 were Information and Communication (36.0 per cent), Transport and Storage (18.0 per cent), Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles (5.5 per cent), Financial and Insurance Activities (11.7 per cent), and Arts, Entertainment and Recreation (14.5 per cent).Conversely, the sectors that saw a notable contraction were Agriculture, Forestry and Fishing (-3.3 per cent) and Construction (-2.0 per cent).The agency’s report notes that within the sectoral structure of GDP, the largest shares were held by Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles (13.2 per cent) and Information and Communication (10.4 per cent). These were followed by Real Estate Activities (10.0 per cent), Manufacturing (8.2 per cent), Public Administration and Defence; Compulsory Social Security (7.2 per cent), Education (6.5 per cent), Construction (6.4 per cent), Transport and Storage (6.1 per cent), and Financial and Insurance Activities (5.9 per cent).

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Local exports increased by 66%

GeoStat reports that domestic exports, excluding re-exports, accounted for 62.1 per cent of total exports. This figure increased by 66.1 per cent compared to the corresponding period of the previous year, reaching USD 1,929.1 million.According to the agency’s report, the share of the top ten largest countries constituted 66.9 per cent of Georgia’s total domestic exports in January–May 2026. In this regard, the largest export partners are China with USD 317.4 million, Russia with USD 229.0 million, and Turkey with USD 207.2 million.Information from GeoStat shows that petroleum and petroleum products ranked first at USD 352.2 million among the top ten domestic export commodities in January–May 2026. This commodity group’s share accounted for 18.3 per cent of total domestic exports. Precious metal ores and concentrates ranked second at USD 255.6 million, while ferro-alloys took third place at USD 130.8 million.

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Passenger cars are still the leader - the share of the vehicle sector...

In January-May 2026, the share of the ten largest export partner countries in Georgia's total exports amounted to 70.3%. The top three exporters were as follows: Kyrgyzstan - $355.2 million China - $327.5 million Azerbaijan - $269.3 million In January-May 2026, the share of the ten largest import partner countries in Georgia's total imports amounted to 70.9%. The top three include: Turkey - $1.16 billion Russia - $983.4 million China - $849.7 million In January-May 2026, the share of the ten largest trading partner countries in Georgia's total foreign trade turnover amounted to 66.5%. The country's largest trading partners are: Turkey - $1.38 billion Russia - $1.23 billion China - $1.17 billion In January-May 2026, the top ten export commodity groups were passenger cars with $734.6 million, which accounts for 23.6% of all exports. Second place is taken by oil and petroleum products with $366.6 million (11.8% of all exports), and third place is taken by precious metal ores and concentrates with $255.6 million (8.2%).The largest import commodity group in January-May 2026 was passenger cars, the imports of which amounted to $1.25 billion and 17.1% of all imports. Second place is taken by oil and petroleum products with $635.5 million (8.7% of imports), and third place is taken by medical products with $295.9 million (4% of imports).

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PPI Increased by 7.1% y-o-y

GeoStat reports that, compared to April 2026, prices fell by 0.5 per cent in the mining and quarrying sector, contributing -0.04 percentage points to the change in the overall index. Over the same period, prices rose by 0.6 per cent for manufacturing products, contributing 0.5 percentage points to the change in the total index. In addition, a 4.8 per cent price decrease was recorded in the electricity, gas, steam and air conditioning group, which contributed -0.48 percentage points to the monthly index change.Over the 12 months, the movement of the index was primarily driven by price changes across four key sectors. In mining and quarrying, prices rose by 24.6 per cent, contributing 1.65 percentage points to the overall index change, with a notable 29.7 per cent increase observed for metal ores. Manufacturing products saw a 6.5 per cent price rise, adding 5.2 percentage points to the total index growth, driven partly by higher prices for food products and beverages, which rose by 6.5 per cent and 4.0 per cent respectively. Additionally, prices for electricity, gas, steam, and air conditioning increased by 1.0 per cent, adding 0.1 percentage points to the annual change. Finally, water supply, sewerage, waste management, and remediation services experienced a 6.4 per cent price increase, impacting the overall index by 0.2 percentage points.

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The average salary increased by 193 GEL

According to economic activity, the highest monthly earnings were observed in the following sectors: Financial and insurance activities – 5 952.5 GEL (increased by 7.9 per cent compared to the corresponding period of the previous year); Information and communication – 4 290.7 GEL (increased by 3.1 per cent); Mining and quarrying – 3 230.4 GEL (increased by 11.8 per cent); Professional, scientific and technical activities – 3 186.0 GEL (increased by 7.1 per cent). In the first quarter of 2026, the average earnings for women equalled 1 901.8 GEL, while for men, they were 2 836.0 GEL. The annual earnings growth amounted to 157.7 GEL (9.0%) for women and 234.7 GEL (9.0%) for men. In almost all sectors, men’s average monthly earnings exceeded those of women.In the I quarter of 2026, the average monthly earnings of employees in the business sector increased by 166.3 GEL (7.7%) and equalled 2 335.9 GEL. According to the economic activity, the highest monthly earnings were observed in Information and communication (4 358.6 GEL, increased by 2.4 per cent compared to the corresponding period of the previous year) and Professional, scientific and technical activities (3 632.7 GEL, increased by 6.8 per cent).In the first quarter of 2026, compared to the same quarter of the previous year, the average monthly earnings of employees in the non-business and financial sector increased by 242.8 GEL (11.2%) and amounted to 2 413.7 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.

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GEL 901 MLN in products sold and GEL 27.3 MLN in revenue from cold sto...

In 2025 in the slaughterhouses were slaughtered 511.1 thousand units of livestock, 32.0 percent of which were cattle and 68.0 percent were sheeps, goats, pigs, etc. In addition, the number of poultry slaughtered in slaughterhouses during the reporting period amounted to 12 351.6 thousand.65 279.8 tons of meat (i.e. slaughtered weight, including poultry meat) were produced by slaughterhouses in 2025 and 30.0 percent of this amount was beef, 33.4 percent was poultry meat, 35.9 percent – pork, 0.6 percent – mutton and goat meat, and the share of other meat was negligible.9 436.9 tons of meat produced in slaughterhouses were purchased by slaughterhouses themselves in 2025. Out of this amount, 29.9 percent was cattle, 6.9 percent was poultry meat, and 62.6 percent – pork meat.In 2025 the service was provided to 29.0 thousand persons, 51.3 percent of which were households. The monthly average number of people employed in slaughterhouses equaled 1 094 persons.The average costs of the service of slaughtering per unit of livestock were respectively: cattle – 40.2 GEL, sheep or goat – 13.6 GEL, and pig – 33.8 GEL. Almost half (47.0 percent) of slaughterhouses are fully equipped with modern equipment, 45.5 percent are partially equipped, and 7.6 percent are not equipped with modern equipment at all. 65.9 percent of slaughterhouses do not use loans, while 34.1 percent have taken loans for various purposes. Of those who have loans, 57.8 percent took it for purchasing fixed capital, 28.9 percent for financing the working capital, and 13.3 percent got loans to finance both, fixed and working capital simultaneously.445 cold storage facilities operated in Georgia in 2025. Most of them were located in Shida Kartli region (60.7 percent), while the rest were spread across Tbilisi (10.1 percent), Kakheti (7.9 percent), Kvemo Kartli (4.9 percent), Samegrelo-Zemo Svaneti region (4.5 percent), Imereti region (4.5 percent), Adjara AR (3.1 percent), Samtskhe-Javakheti region (1.8 percent), Guria (1.3 percent), Mtskheta-Mtianeti (0.9 percent), and Racha-Lechkhumi and Kvemo Svaneti (0.2 percent).In 2025 service was provided to 533 customers. The number of producers and resellers, from whom the product was purchased for resale, totaled to 1 531, while the annual average number of employed persons in cold storage facilities equaled 2 168.In 2025, in cold storage facilities were stored 381.7 thousand tons of products. 34.6 percent of those products was chicken meat (including frozen meat), 21.2 percent were meat and meat products (including semi-finished products), 16.2 percent – fish, 15.6 percent – fruits and vegetables, 6.9 percent – milk products, while the remaining 5.5 percent were other types of products.

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Exports increased to USD 3.1 BLN, imports decreased

Exports totaled USD 3.11 billion, up 19.8% year-on-year, while imports stood at USD 7.33 billion, representing a 1.9% decrease.According to Geostat, the country’s negative trade balance reached USD 4.22 billion during the first five months of 2026, accounting for 40.4% of the total foreign trade turnover.

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Georgia, Kyrgyzstan to simplify meat and live animal export-import

According to the ministry, the relevant bilateral memorandum was signed by the Director of the Veterinary Service of Kyrgyzstan, Adilet Sotovaldiev, and the Minister of Environment Protection and Agriculture of Georgia, Davit Songulashvili.The signed agreement provides for the simplification of veterinary and sanitary requirements in the procedures for the export and import of live animals, meat and other livestock products between the two countries.In addition to simplifying trade procedures, the document envisages a joint fight against infectious animal diseases and strengthening veterinary security systems. It is also planned to hold joint events and improve the qualifications of profile specialists of the two countries.According to the Kyrgyz side, this step will not only ensure high veterinary security, but also give a significant impetus to the expansion of international trade opportunities of the two countries and the modernization of the livestock sector.According to official data from the Geostat Foreign Trade Portal, a sharp increase in the export of meat and meat by-products from Georgia to Kyrgyzstan has been observed recently.In particular, if in 2024, products worth 101.9 thousand USD were sold from Georgia to Kyrgyzstan, in 2025 this figure increased 6 times and reached 648 thousand USD.As for the reverse flow, official statistics show that in 2024-2025, no meat was imported from Kyrgyzstan to Georgia at all, and this figure is zero.

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Georgia ranks 8th among the Polish wine import markets

Last year, 6.6 million liters of wine worth $18.03 million were exported from Georgia to the Polish market. According to the ranking, the average price of Georgian wine is $2.73 per liter, which exceeds the indicators of such large exporters as Germany, Portugal, Spain and Chile.Italy maintains its absolute leadership in the Polish wine market, accounting for 31% of the total import value ($139.15 million) and 25% of the volume (36.55 million liters). The average price of Italian wine is $3.81 per liter.According to the study, the top five importers of Poland are as follows: Italy - $139.15 million (36.55 million liters, price: $3.81/liter) France - $58.41 million (12.63 million liters, price: $4.62/liter) Germany - $57.19 million (21.86 million liters, price: $2.62/liter) Portugal - $45.12 million (17.05 million liters, price: $2.65/liter) Spain - $41.32 million (19.39 million liters, price: $2.13/liter) It is worth noting that among the TOP-5 exporters, French products have the highest price category ($4.62/liter), while Spanish wine is the most affordable ($2.13/liter). Georgia's immediate neighbors in the ranking are the USA (6th place, $26.27 million), Chile (7th place, $19.37 million) and Moldova, which occupies ninth position with $7.54 million.In total, the weighted average price of wine imported into Poland from various countries of the world is $3.08 per liter.

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Annual production limit for small wineries reduced to 25,000 liters, “...

According to the adopted draft law, the definition of a “small wine cellar” is changed and its maximum annual production limit is reduced from 40,000 liters to 25,000 liters.With the legislative change, the term “home wine” will be replaced by the term “natural wine”. This status envisages the production of products without the use of systemic pesticides, herbicides and other chemical synthetic agents.The draft law makes it mandatory to label certified alcoholic beverages, which will be implemented by the National Wine Agency in accordance with the procedure established by the Minister of Environmental Protection and Agriculture.In addition, under the new regulation, all categories of wine intended for both export and sale on the local consumer market will be subject to mandatory organoleptic testing. This obligation will not apply only to “natural wine”.

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