Inflation Rate (CPI): Georgia

Analysis# Georgia Inflation Rate (CPI) Georgia's inflation rate stands at 3.4% in 2026, reflecting a dramatic stabilization from the country's inflationary peaks. The current figure sits well below the all-time high of 19.1% recorded in 1999, and represents a 52.8% decline since 1997. Over nearly three decades, Georgia has transformed from a post-Soviet economy struggling with double-digit inflation into a moderate-inflation environment consistent with developed market standards. Recent years reveal sharp volatility followed by stabilization. Inflation surged to 11.9% in 2022 amid global supply chain disruptions, then collapsed to just 1.1% in 2024—undershooting even the deflationary territory Georgia experienced in 2012. The 2026 projection of 3.4% suggests a return to the moderate range, indicating policymakers have successfully managed inflationary pressures while maintaining price stability.