Georgia posts double-digit GDP growth in March


TBILISI, April 30 (Xinhua) -- Georgia's real GDP is estimated to have grown by 10.7 percent year on year in March 2026, bringing average growth for the first quarter to 9.1 percent, according to data released Thursday by the country's Ministry of Economy and Sustainable Development.

The ministry said the expansion in January-March was driven largely by strong external trade performance.

External trade data for the first three months showed exports of goods reaching 1.7 billion U.S. dollars, up 23.4 percent year on year, while domestic exports (excluding re-exports) surged by 75.1 percent.

Meanwhile, turnover among VAT-registered businesses increased by 13.4 percent year on year in March. The number of newly registered businesses rose by 2.3 percent compared with the same month in 2025, the ministry said.

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