Georgia posts 9.3% average GDP growth, strong investor demand signals confidence, PM Kobakhidze

Georgia’s Prime Minister, Irakli Kobakhidze, has said the country’s economy recorded an average real GDP growth of 9.3% between 2021 and 2025, highlighting what he described as strong performance despite global challenges.

Speaking at the 51st international conference of the Banking Association for Central and Eastern Europe, Kobakhidze said that Georgia’s economic results exceeded expectations and demonstrated resilience on the global stage.

He also pointed to “strong investor confidence”, noting that demand for Georgia’s recent Eurobond issuance exceeded supply by 5.5 times. According to the prime minister, this reflected growing trust in the country’s economic outlook.

Kobakhidze said international interest in Georgia’s financial sector continues to rise, both in traditional banking and across a broader range of financial services. 

He attributed this to ongoing efforts by the government and the National Bank of Georgia to promote competition, support innovation, and develop the financial ecosystem.

He added that Georgia’s regulatory framework was transparent and aligned with international standards, helping to attract new market participants while maintaining financial stability. Recent reforms include the introduction of microbank and digital bank licensing, as well as a regulatory framework for virtual asset service providers.

The prime minister also noted that capital markets in Georgia were developing alongside the banking sector, with increasing interest in both government and corporate bonds, contributing to the diversification of funding sources.

“Georgia remains an open economy, ready to deepen ties with international partners and create new opportunities for sustainable investment growth,” Kobakhidze said.