Georgia’s Steady Growth of International Reserves

In May 2025, Georgia’s international reserves climbed to $4.7 billion, marking a 2.3% increase compared to the same period last year and an additional $103.3 million rise from the previous month. This is not just a statistical gain—it serves as a strong signal to both international financial markets and the country’s domestic economic stability.

Several factors lie behind this upward trend. Active foreign currency operations by both the government and the banking sector have played a key role, directly impacting the balance of the National Bank of Georgia (NBG). Additionally, the NBG’s foreign exchange interventions—details of which will be fully disclosed by the end of July—are already showing a positive influence on the local currency market.

One of the most notable developments is the increase in the share of monetary gold, which in June reached 16.1% of total reserves. This reflects the NBG’s diversification strategy, designed to safeguard the country’s financial position against global risks and market fluctuations.

From a global perspective, the growth of reserves enhances Georgia’s ability to maintain currency stability, manage external shocks, and address trade deficit challenges. It also strengthens investor confidence and reduces the impact of potential volatility in financial markets.

In the long run, this growth represents far more than maintaining the status quo—it highlights institutional resilience, the stability of the banking sector, and the effectiveness of government economic policies.

Such performance is particularly significant against a backdrop of regional uncertainties and shifts in global monetary policies, which continue to influence investment climates worldwide. Georgia’s ability to steadily build reserves under these conditions is a testament to the resilience of its financial system and its capacity to respond positively to both domestic and external economic challenges.