At a joint meeting of the Diaspora, EU Integration, and Culture Committees, members reviewed the Government’s Annual Report on the Execution of the 2025 State Budget of Georgia.

Information on Georgia’s economic performance and budget execution in 2025 was presented by First Deputy Finance Minister Giorgi Kakauridze.

According to Giorgi Kakauridze, the 2025 budget was planned based on a projected real economic growth rate of 6.0 percent. He noted that Georgia’s real GDP growth reached 7.5 percent in 2025 compared to the previous year, while annual inflation stood at 4.0 percent.

The presenter stated that the private sector played a leading role in economic growth during 2025. Compared to 2024, business sector turnover increased by 12.4 percent, while the value of goods and services produced by enterprises grew by 13.4 percent.

As Giorgi Kakauridze noted, Georgia’s foreign trade turnover in goods amounted to USD 25.863 billion in 2025, representing a 10.3 percent increase compared to the previous year. Exports totaled USD 7.291 billion, up 11.2 percent from 2024, while imports amounted to USD 18.572 billion, a 10.0 percent increase year-on-year.

According to the First Deputy Minister, the European Union ranked first among Georgia’s trading partners in 2025. The EU accounted for 21.6 percent of total trade turnover. In terms of exports, the EU’s share reached 12.0 percent, reflecting a 52.8 percent increase compared to the previous year. On the import side, the EU accounted for 25.4 percent of total imports, up 3.2 percent year-on-year.

Giorgi Kakauridze also reported that Georgia welcomed 6.856 million international visitors in 2025. Of these, 5.522 million were tourist visits, representing an 8.4 percent increase compared to 2024. European Union countries ranked fourth in terms of visitor numbers, accounting for 499,900 visitors, which was 6.2 percent higher than the previous year. Tourism revenues reached USD 4.69 billion, approximately USD 265 million higher than in 2024. Revenue generated from visitors from EU member states amounted to USD 660 million, representing a 15.6 percent increase compared to the previous year.

The First Deputy Minister further noted that net remittances increased by 8.2 percent in 2025 compared to the previous year. Foreign direct investment in Georgia grew by 7.6 percent, exceeding USD 1.688 billion.

According to Giorgi Kakauridze, GEL 28.468 billion was mobilized in the consolidated budget in 2025, amounting to 100.7 percent of the projected target. State budget revenues reached 100.8 percent of the planned figure, while expenditures were executed at 99.2 percent. Total state budget revenues exceeded GEL 23.991 billion, representing 100.7 percent of the forecasted amount.

The presenter also reviewed budget appropriations by spending agency, noting that all ministries demonstrated strong implementation rates relative to their planned allocations.

The committees additionally heard the report of the State Audit Office on the Government’s Annual Report on the Execution of the 2025 State Budget, as well as information presented by the Government of Georgia concerning key macroeconomic forecasts and the principal policy directions of Georgian ministries.

The reports presented were formally acknowledged by the joint meeting of the Diaspora, EU Integration, and Culture Committees.