Economy of Georgia

Imports
Imports commoditiesfuels, vehicles, machinery and parts, grain and other foods, pharmaceuticals
Import partnersTurkey 17.8%, Azerbaijan 8.1%, Ukraine 7.6%, China 7.2%, Germany 6.9%, Russia 6% (2012)
Exports
Exports commoditiesvehicles, ferro-alloys, fertilizers, nuts, scrap metal, gold, copper ores
Export partnersAzerbaijan 26.4%, Armenia 11%, US 9.5%, Ukraine 7%, Turkey 6%, Canada 4.4% (2012)
Economy sectors
Agriculture productscitrus, grapes, tea, hazelnuts, vegetables; livestock
Industrial productssteel, machine tools, electrical appliances, mining (manganese, copper, and gold), chemicals, wood products, wine
Economy
Unemployment15.0 % (2013)15.0 % (2012)15.1 % (2011)
Unemployment of Georgia
GDP - Official Exchange Rate16.0 Billion $ (2013)15.6 Billion $ (2012)14.4 Billion $ (2011)
GDP - Official Exchange Rate of Georgia
GDP growth rate2.50 % (2013)6.10 % (2012)6.80 % (2011)
GDP growth rate of Georgia
GDP per Capita (PPP)6,100 $ (2013)5,800 $ (2012)5,600 $ (2011)
GDP per Capita (PPP) of Georgia
GDP - Purchasing Power Parity27.3 Billion $ (2013)26.3 Billion $ (2012)24.9 Billion $ (2011)
GDP - Purchasing Power Parity of Georgia
GDP PPP per land area392 Thousand $ per square kilometer (2013)377 Thousand $ per square kilometer (2012)357 Thousand $ per square kilometer (2011)
GDP PPP per land area of Georgia
ElectricityBanking
Central bank discount rate3.75 % (2013)5.25 % (2012)6.50 % (2012)
Central bank discount rate of Georgia
Commercial bank prime lending rate20.7 % (2013)22.1 % (2012)25.9 % (2011)
Commercial bank prime lending rate of Georgia
GDP decomposition by sector
Agriculture % of GDP8.50 % (2013)8.40 % (2012)
Industry % of GDP21.6 % (2013)23.1 % (2012)
Services % of GDP69.9 % (2013)68.4 % (2012)
Tourism
International tourism, number of arrivals4.43 Million (2012)2.82 Million (2011)2.03 Million (2010)
International tourism, number of arrivals of Georgia
International tourism, number of departures4.95 Million (2012)2.24 Million (2011)2.09 Million (2010)
International tourism, number of departures of Georgia
Yearly Tourist arrivals to residents ratio96.9 % (2012)61.5 % (2011)45.6 % (2010)
Yearly Tourist arrivals to residents ratio of Georgia
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)36.3 % of GDP (2012)29.1 % of GDP (2011)
Current Account Balance (Percentage of GDP)-11.68 % of GDP (2012)-12.75 % of GDP (2011)-10.27 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Georgia
External Debt Stocks (Percentage of GNI)85.4 % of GNI (2012)81.1 % of GNI (2011)83.4 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of Georgia
Short-term debt (percentage of total external debt)16.1 % of total external debt (2012)13.6 % of total external debt (2011)10.1 % of total external debt (2010)
Short-term debt (percentage of total external debt) of Georgia
Current Account Balance (Total)-1.38 Billion $ (2013)-1.88 Billion $ (2012)-1.80 Billion $ (2011)
Current Account Balance (Total) of Georgia
External Debt (Total)11.7 Billion $ (2013)11.7 Billion $ (2012)11.1 Billion $ (2011)
External Debt (Total) of Georgia
External Debt (Percentage of GDP)73.6 % of GDP (2013)74.7 % of GDP (2012)76.8 % of GDP (2011)
External Debt (Percentage of GDP) of Georgia
External Debt per Capita2,577 $ (2013)2,553 $ (2012)2,416 $ (2011)
External Debt per Capita of Georgia