Georgia Rings in 2026: Economic Growth, Key Political Statements, and Crime Incidents Mark Year-End
As Georgia prepares to enter 2026, the nation reflects on a year marked by significant economic achievements, political discourse, and notable domestic and international events. Major cities like Batumi and Kutaisi have extended public transport hours and implemented temporary traffic restrictions to facilitate New Year's Eve celebrations, ensuring smooth transitions into the new year for residents.
Economically, 2025 concluded on a strong note for Georgia, with the country reporting an impressive average economic growth of 7.5% for the first eleven months. This growth was primarily fueled by robust performances in the transport, manufacturing, real estate, and financial sectors. Looking ahead, 2026 is set to introduce planned increases in pensions and new regulations for intercity minibus transport, which will now require vehicles to be equipped with tachographs and speed limiters. The burgeoning IT sector also contributed significantly, with revenues reaching 4.5 billion GEL, while the tourism industry continued its recovery, recording over 6.1 million international visitor visits and preparing for mandatory tourist insurance starting January.
The political landscape saw prominent figures issuing year-end reflections and greetings. President Salome Zurabishvili underscored the importance of national unity and a peaceful transition, while Parliament Chairman Irakli Kobakhidze highlighted the country's enhanced stability in 2025. Former Prime Minister Bidzina Ivanishvili and his wife, Ekaterine Khvedelidze, extended New Year wishes, asserting their team's unwavering commitment amidst ongoing challenges. Concurrently, protests continued near the Parliament building in Tbilisi, with activists planning to celebrate the New Year on Rustaveli Avenue.
Law enforcement agencies reported significant operations, including the seizure of a massive 157 kg of heroin, estimated to be worth 50 million GEL on the black market, and an arrest was made in connection with a murder in the Vake Courts area. In a positive development, civil activist Tamar Mearakishvili, detained in occupied Tskhinvali, was released and returned to Tbilisi-controlled territory.
Internationally, the ongoing conflict in Ukraine remained a focal point. Russia alleged a Ukrainian drone attack on President Putin's residence, a claim met with considerable skepticism by Western nations. Amidst these geopolitical tensions, Russian citizens were advised to consider potential risks before traveling to Georgia, reflecting broader regional complexities as the year draws to a close.