2025.09.1807:23:52UTC+00Georgia GDP Growth Slows in Q2

Georgia's economy experienced a growth of 7.3% year-on-year in the second quarter of 2025, following a 9.8% expansion in the first quarter. This represented the slowest expansion since the fourth quarter of 2023, due to a decline in activity across several sectors. Notably, mining and quarrying experienced a significant slowdown (0.1% compared to 12.9% in Q1), as did wholesale and retail trade, along with motor vehicle repairs (1.5% down from 6.1%). The transportation and storage sector also saw reduced growth (3.1% versus 9.5%), as did real estate (1.7% from 12.9%) and administrative and support services (13.6% compared to 29.7%). Additionally, growth decelerated in public administration and defense, including compulsory social security (9.1% against 11%), and in human health and social work activities (14.3% compared to 17.9%). The construction sector contracted (-2.6% vs a previous growth of 4.5%), along with agriculture, forestry, and fishing (-2.5% compared to -4.6%). In contrast, there was an upturn in information and communication (37.1% against 28.6% in Q1), education (28.9% versus 27.7%), financial and insurance services (11.8% compared to 8.7%), accommodation and food services (8.4% against 3.2%), and manufacturing (2% versus 0.8%).