Source
Central bank

National Bank of Georgia

International Reserves

US$ 2.818 billion (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 15.984 billion (2010 estimate)

GDP (Purchasing Power Parity)

26.348 billion of International dollars (2010 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
4.7% 5.5% 11.1% 5.9% 9.6% 9.4% 12.3% 2.3%
2009 2010 2011 2012*        
-3.8% 6.3% 7% 6%        

*Estimate

GDP per capita - current prices

US$ 3,597 (2009 estimate)

GDP per capita - PPP

$5,929 International Dollars (2009 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
N/A N/A 0.02% 0.03% 0.03%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 10% 
  • industry: 29.4% 
  • services: 60.6% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
1.7%(2008) 7.1% 8.5% 1.7%

*Estimate

Unemployment rate
2009 2010 2011 2012*
16.9% 16.3% 14.9%(2009) 14.1%

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
27.6% 37.3% 39.2% 33.9% 32.7%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-2% -6.5% -4.8% -0.9% -2%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: BB-

Moody's rating: Ba3

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$733.3 million US$1.06 billion US$795.7 million
Largest companies in Georgia

N/A

 
 
Source
Current account balance

US$ -1.6 billion (2010 estimate)(After 2008)

Current account balance by percentage of GDP

-10.3% of GDP (2010 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

34.8% (2010)

(Data released on April 2012)

Shares in world total merchandising export

0.01%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

0.05% (2011)(2007)

(Data were released in 2012)

Total exports

US$3.324 billion (2012 estimate) 

Export commodities

vehicles, ferro-alloys, fertilizers, nuts, scrap metal, gold, copper ores

Total imports

US$6.623 billion (2012 estimate) 

 
 
Source
Import commodities

fuels, vehicles, machinery and parts, grain and other foods, pharmaceuticals

Exports - major partners

Azerbaijan 17.5%, Turkey 10.5%, Armenia 10%, Kazakhstan 7.3%, Ukraine 6.2%, US 5.5%, Canada 5.2%, Bulgaria 4.7% (2011)

Imports - major partners

Turkey 17.8%, Ukraine 10%, Azerbaijan 8.3%, China 7.6%, Germany 6.9%, Russia 5.7% (2011)

FDI inflows
2009 2010 2011
US$658 million US$814 million(2009) US$975 million(2009)
FDI outflows
2009 2010 2011  
US$-19 million US$135 million US$146 million  
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) US$-0 million(2009) US$188 million
Cross-border M&A; deals worth over $3 billion completed in 2010(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 9 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 7 out of 185 countries(2009)

Enforcing Contracts: 30 out of 185 countries

Registering Property: 1 out of 185 countries

Getting credit: 4 out of 185 countries

Protecting investors: 19 out of 185 countries

Trading across border: 38 out of 185 countries

Paying Taxes: 33 out of 185 countries

Dealing with Construction Permits: 3 out of 185 countries

Getting Electricity: 50 out of 185 countries

Resolving Insolvency: 81 out of 185 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

77

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 34 Score: 69.4 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

 
 
Source
Total area

69,700 km2 (2006)

Capital

T'bilisi (2009)

Currency

laris (GEL) (2009)

Government type

republic (2009)

Languages

Georgian 71% (official), Russian 9%, Armenian 7%, Azeri 6%, other 7%

Religions

Orthodox Christian 83.9%, Muslim 9.9%, Armenian-Gregorian 3.9%, Catholic 0.8%, other 0.8%, none 0.7% (2002 census)

Total population
1980 1990 2000 2012* 2017**
N/A N/A 4.44 million 4.5 million 4.5 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
42.3% 51.6% 52.7% 52.9%
Population median age

37 years (2010)

Population growth rate

0.7% (2011)

Life expectancy

74 years (2010)

Adult literacy

100% (2005/2010)

% of population living on less than $2 a day

32.21% (2011)

Inequality of wealth distribution (Gini index)

41.34 (2008)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:4
Civil Liberties:3 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

133.36% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

36.56% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Tbilisi: 191st (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

1.3364 (Data were released in 2012 and refer to 2009)

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