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Economy Georgia
Flag of Georgia Georgia
Population: 4,693,892 (July 2004 est.)
Capital: T'bilisi
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Tabular Data - The Georgian Economy

GDP : purchasing power parity - $12.18 billion (2003 est.)
GDP - Real Growth Rate : 5.5% (2003 est.)
GDP - Per Capita : purchasing power parity - $2,500 (2003 est.)
GDP - Composition By Sector : agriculture: 20.5%
industry: 22.6%
services: 56.9% (2003 est.)
Population Below Poverty Line : 54% (2001 est.)
Household Income or Consumption by Percentage : lowest 10%: 2.3%
highest 10%: 27.9% (1996)
Inflation Rate (Consumer Prices) : 4.8% (2003 est.)
Labor Force : 2.1 million (2001 est.)
Labor Force - By Occupation : agriculture 40%, industry 20%, services 40% (1999 est.)
Budget : revenues: $603.5 million
expenditures: $700.5 million, including capital expenditures of NA (2003 est.)
Industries : steel, aircraft, machine tools, electrical appliances, mining (manganese and copper), chemicals, wood products, wine
Industrial Production Growth Rate : 3% (2000)
Electricity - Production : 7.27 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 19.7%
hydro: 80.3%
nuclear: 0%
other: 0% (2001)
Electricity - Consumption : 7.611 billion kWh (2001)
Electricity - Imports : 850 million kWh (2001)
Agriculture - Products : citrus, grapes, tea, hazelnuts, vegetables; livestock
Exports : $615 million (2003 est.)
Exports - Commodities : scrap metal, machinery, chemicals; fuel reexports; citrus fruits, tea, wine
Exports - Partners : Turkey 23.3%, Greece 11.9%, Russia 8.9%, US 6.5%, Turkmenistan 5.8%, Italy 5.5%, Spain 5.2% (2003 est.)
Imports : $1.25 billion (2003 est.)
Imports - Commodities : fuels, machinery and parts, transport equipment, grain and other foods, pharmaceuticals
Imports - Partners : US 11%, Turkey 10.6%, Russia 10.3%, Azerbaijan 8.2%, Germany 6.5%, France 6%, Ukraine 5.7%, Italy 5.2%, Bulgaria 4.9% (2003 est.)
Debt - External : $1.8 billion (2002)
Economic Aid - Recipient : ODA $150 million (2000 est.)
Currency : lari (GEL)
Currency Code : GEL
Exchange Rates : lari per US dollar - 2.1457 (2003), 2.1957 (2002), 2.073 (2001), 1.9762 (2000), 2.0245 (1999)
Fiscal Year : Calendar Year

Country References
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Data Source: Central Intelligence Agency 2004 World Factbook