Successfully investing in Georgia

last updated on 3 September 2025 | reading time approx. 2 minutes

How do you assess the current economic situation in Georgia? »
How would you describe the investment climate in Georgia? Which sectors offer the largest potential? »
What challenges do German companies face during their business ventures into Georgia? »
What are Georgia's current economic relations with Germany?? »
In your opinion, how will Georgia develop? »

How do you assess the current economic situation in Georgia?

In 2024, Georgia’s economy experienced robust growth, with real GDP expanding by 9.5 percent, surpassing the 7.8 percent growth rate of 2023. This growth was driven by strong domestic demand, particularly in sectors such as services, trade, and transportation.

Looking ahead, the European Bank for Reconstruction and Development (EBRD) projects that Georgia's GDP growth will moderate to 5 percent in 2026.

How would you describe the investment climate in Georgia? Which sectors offer the largest potential?

In summary, Georgia’s economy demonstrated strong growth in 2024, driven by robust domestic demand, increased exports, and a thriving tourism sector. While growth is expected to moderate in the coming years, the country's strategic initiatives and investment incentives aim to sustain economic development.

Trade and Exports

In 2024, Georgia’s exports increased by 7.8 percent year-on-year, reaching USD 6.56 billion. This growth was supported by high demand for Georgian raw materials and products, with exports reaching 219 unique global markets.

Tourism and Services

Tourism remains a vital component of Georgia’s economy. The country aims to host 11 million visitors by 2025, with projected annual revenues reaching USD 6.6 billion. The influx of Russian migrants has also stimulated the service sector, contributing to economic growth.

Strategic Transport Corridor

Georgia’s strategic location continues to enhance its role as a transport corridor for goods from China, utilizing routes through the Caspian and Black Seas. This position bolsters its significance in regional trade and logistics networks.

What challenges do German companies face during their business ventures into Georgia?

Georgia is considered a country where corruption has been successfully fought in the past. By creating a very good investment climate, bureaucracy has also been reduced in recent years. Overall, it can be said that investors face relatively few challenges. Learning the local language is usually the biggest challenge for foreign investors. However, this is often unnecessary because most of the population in the cities is very well educated and often speaks at least English.

What are Georgia's current economic relations with Germany?

Georgia has very good economic and cultural relations with Germany and Germany is one of Georgia's largest trading partners. German companies do business very successfully in Georgia.

In your opinion, how will Georgia develop?

The country has made great progress in recent years in liberalizing trade with the EU and implementing EU legislation into national law. A shadow over this positive development was cast in April 2024 by the draft of the so-called “Agents Law”, which was submitted for a vote by the parliament in Georgia. In response to this draft, a wave of protests emerged from civil society protesting against this law. According to EU experts, the current government does not want to bring the country into the EU, although an estimated 80 percent of Georgians want it. It is difficult at the moment to predict how Georgia will develop politically, but economically Georgia has very good conditions to develop rapidly and to record further economic growth in the next few years. Georgia is a very interesting location for foreign investors and offers interesting investment opportunities.