Source
Central bank

National Bank of Georgia

International Reserves

US$ 2.708 billion (Source: IMF; Data updated: 2014)

Gross Domestic Product - GDP

US$ 16 billion (2014 estimate)

GDP (Purchasing Power Parity)

29 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
11.1% 5.9% 9.6% 9.4% 12.3% 2.3% -3.8% 6.3%
2011 2011 2013 2014*        
7.2% 6.2% 3.2% 5.0%        

*Estimate

GDP per capita - current prices

US$ 3,643 (2014 estimate)

GDP per capita - PPP

$6,570 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
N/A N/A 0.02% 0.03% 0.03%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 8.5% 
  • industry: 21.6% 
  • services: 69.9% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

Inflation
2011 2012 2013 2014*
8.5% -0.9% -0.5% 4.0%

*Estimate

Unemployment rate
2011 2012 2013 2014*
15.1% 15.0% N/A N/A

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
39.2% 33.8% 32.3% 31.8% 32.8%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-4.8% -0.9% -0.8% -1.3% -2.9%

*Estimate   

Government bond ratings

Standard & Poor's: BB-

Moody's rating: Ba3

Moody's outlook: POS

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2010* 2011 2012**
US$NA US$NA US$943.4 million

*2010 Estimate    **2012 Estimate 

Largest companies in Georgia

N/A

 
 
Source
Current account balance

US$ -1.289 billion (2014 estimate)(After 2008)

Current account balance by percentage of GDP

-7.914% of GDP (2014 estimate)(2009)

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

44.7% (2013)

(Data released on Oct 2014)

Shares in world total merchandising export

0.01%(2012)

(Data were released in March 2014)

Shares in world total commercial services export

0.06% (2012)(2007)

(Data were released in 2014)

Total exports

US$2.618 billion (2013 estimate) 

Export commodities

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

Total imports

US$7.064 billion (2013 estimate) 

 
 
Source
Import commodities

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

Exports - major partners

Azerbaijan 25%, Armenia 11%, Ukraine 7%, Turkey 6%, Russia 6% (2013 est.)

Imports - major partners

Turkey 17%, Ukraine 8%, Azerbaijan 8%, Russia 7%, China 7% (2013 est.)

FDI inflows
2011 2012 2013
US$ 1,048 million US$ 911 million) US$ 1,010 million
FDI outflows
2011 2012 2013  
US$ 147 million US$ 297 million US$ 113 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$ 0 million US$ 188 million US$-0 million US$ 0 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

(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.)

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 8 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 8 out of 185 countries(2009)

Enforcing Contracts: 33 out of 185 countries

Registering Property: 1 out of 185 countries

Getting credit: 3 out of 185 countries

Protecting investors: 16 out of 185 countries

Trading across border: 43 out of 185 countries

Paying Taxes: 29 out of 185 countries

Dealing with Construction Permits: 2 out of 185 countries

Getting Electricity: 54 out of 185 countries

Resolving Insolvency: 88 out of 185 countries

(2013)

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

69

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 22 Score: 72.6 (Moderately Free) (2014)

(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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