Georgia GDP Growth Slows in Q2

The economy of Georgia grew by 7.3% year-on-year in the second quarter of 2025, after expanding 9.8% in the first quarter. This marked the slowest pace of growth since the fourth quarter of 2023, amid weaker activity across several sectors, including mining and quarrying (0.1% vs 12.9% in Q1), wholesale and retail trade; repair of motor vehicles (1.5% vs 6.1%), transportation and storage (3.1% vs 9.5%), real estate (1.7% vs 12.9%), administrative and support services (13.6% vs 29.7%), public administration and defence; compulsory social security (9.1% vs 11%), and human health and social work (14.3% vs 17.9%). Output also contracted in construction (-2.6% vs +4.5%) and agriculture, forestry and fishing (-2.5% vs -4.6%). Conversely, activity increased in information and communication (37.1% vs 28.6%), education (28.9% vs 27.7%), financial and insurance services (11.8% vs 8.7%), accommodation and food service activities (8.4% vs 3.2%), and manufacturing (2% vs 0.8%).