Money transfers from Azerbaijan to Georgia saw a sharp decline in 2025, reflecting a significant shift in cross-border financial flows, AzerNEWS reports.
Month: March 2026
Georgia’s real gross domestic product (GDP) grew by 8.8% year-on-year in February 2026, according to rapid estimates released by the National Statistics Office (Geostat) on March 31. Average real GDP growth for January-February stood at 8.4%.
Geostat said the increase was driven mainly by growth in the information and communication, transportation and storage, financial and insurance activities, manufacturing, as well as mining and quarrying. In contrast, the construction and energy sectors recorded declines.
The United Nations World Economic Situation and Prospects 2026 report forecasts Georgia’s economy to grow by 5.4% in 2026, while both the European Bank for Reconstruction and Development (EBRD) and the Asian Development Bank (ADB) expect 5% growth.
The World Bank’s latest report projects Georgia’s economic growth to be 5.5% in 2026, while forecasting average growth of 3.5% across the South Caucasus in 2025–2026, “as spillovers from trade intermediation, labor and capital inflows continue to diminish.”
Also Read:
- 25/03/2026 – National Bank Says It Purchased $429 Million in Foreign Currency in February
- 25/03/2026 – NBG Keeps Key Refinancing Rate Unchanged at 8%
- 02/03/2026 – Georgia’s GDP Up by 7.9% in January 2026
According to last year’s report, Azerbaijan ranked 90th with an index score of 0.233. In the 2026 report, the country improved its position by three places, ranking 93rd with a lower index score of 0.123. On the GTI scale where rankings extend from 1 to 100, this places Azerbaijan among the safest countries in the world in terms of terrorism.