According to the latest weekly review published by Galt & Taggart, the economic growth of Georgia in 2024 is expected to reach 9.7%, based on actual growth outcomes that have exceeded prior expectations over the past ten months. As the preliminary data published by the National Statistics Office of Georgia (GEOSTAT) reveals, real GDP growth accelerated to 11.0% in October 2024, up from 8.3% in September 2024. For the period from January to October 2024, the Georgian economy expanded by 10.0% on an annual basis.

The notable economic growth in October was primarily driven by key sectors, including construction, manufacturing, finance, information and communication technology, transport, and trade. These sectors have played a significant role in sustaining the country's economic momentum throughout the year.