According to the credit rating agency Fitch, Georgia's strong economic growth, high level of economic development relative to 'BB' peers, a credible macro-fiscal policy framework moderate public debt and sound banking sector, strengthen the country’s rating position.

As noted in the report released by Fitch, Georgia’s international reserves continued to grow and reached 6.5 billion USD in April 2026. The strengthening of the lari in recent months has allowed the National Bank of Georgia to purchase foreign currency in the foreign exchange market.

“Strong domestic economic conditions continue to support Georgian banks' metrics. The sector is profitable (March 2026: return on equity: 22.8%), with strong capitalisation (core Tier 1 capital ratio: 17%), and stable asset quality (non-performing loans ratio: 2.5%). Deposit dollarisation levels had fallen to 47% in March 2026, down by 7pp from the peak of 54% in February 2025. This is broadly matched by loan dollarisation levels of 42.5%, which are set to fall further owing to tighter reserve requirements and macroprudential measures. Spillovers from the Iran was on Georgia's banking sector, local currency and economic growth have been limited so far”, Fitch said in the report.

Fitch forecasts that inflation will gradually decline and approach the 3% target.