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Economy of Georgia. Statistics, Data and Indicators

flag
Georgia
38BB- Credit rank #77
N/A Quality of life #
44 Corruption rank#40
7 Ease of doing business#6
Georgia


Georgia Major Economic Indicators

Indicator Data Period
GDP Value 20 USD Billion 2019
GDP Annual Growth Rate 5.1 % 4Q/19
GDP per capita 4469 USD 2018
Inflation Rate YoY 6.4 % Feb/20
Interest Rate 9 % Mar/20
Unemployment Rate 12.7 % 2018
Wages 1320 GEL/Month | 401.802 USD/Month 4Q/19
Balance of Trade -440 USD Million | -0.44 B USD Feb/20
Current Account -539 USD Million | -0.539 B USD 4Q/19
Foreign Exchange Reserves 2706672 GEL Thousand | 0.824 B USD Dec/19


GDP
vvp
20
USD Billion
#120 from 174 countries
GDP per capita
vvp
4469
USD
#98 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 20 USD Billion 2019
GDP Annual Growth Rate 5.1 % 4Q/19
GDP per capita 4469 USD 2018
Gross National Product 10589 GEL Million | 3.223 USD Billion 2Q/19
GDP Constant Prices 10958 GEL Million | 3.336 B USD 4Q/19
GDP per capita PPP 10152 USD 2018
GDP From Agriculture  882 GEL Million | 0.268 B USD 3Q/19
GDP From Construction  738 GEL Million | 0.225 B USD 3Q/19
GDP From Manufacturing  738 GEL Million | 0.225 B USD 3Q/19
GDP From Mining  107 GEL Million | 0.033 B USD 3Q/19
GDP From Public Administration  655 GEL Million | 0.199 B USD 3Q/19
GDP From Services  448 GEL Million | 0.136 B USD 2Q/19
GDP From Transport  482 GEL Million | 0.147 B USD 3Q/19
GDP From Utilities  84.1 GEL Million | 0.026 B USD 3Q/19


Budget Indicators

Indicator Data Period
Government Debt to GDP 43 % 2018
Government Budget Value -3.1 GEL Million | -0.001 USD Billion Nov/19
Government Spending 1752 GEL Million | 0.533 USD Billion 3Q/19
Government Revenues 909 GEL Million | 0.277 USD Billion Jan/20
Fiscal Expenditure  859 GEL Million | 0.261 B USD Jan/20
Government Budget to GDP -2.3 % 2018
Military Expenditure 312 USD Million | 0.312 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 139 index points Feb/20
Export Prices 99.5 index points Dec/19
Food Inflation 12.7 % Feb/20
GDP Deflator 107 index points 4Q/19
Import Prices 97.6 index points Dec/19
Inflation Rate YoY 6.4 % Feb/20
Producer Prices 165 index points Feb/20
Inflation Rate Mom 0.3 % Feb/20
Core Inflation Rate 4.6 % Feb/20
CPI Housing Utilities 100 Index Points Feb/20
CPI Transportation 99.32 Index Points Feb/20
Producer Prices Change  6.7 % Feb/20


Trade Indicators

Indicator Data Period
Current Account to GDP -7.7 % 2018
Balance of Trade -440 USD Million | -0.44 USD Billion Feb/20
Capital Flows 584 USD Million | 0.584 USD Billion 4Q/19
Current Account -539 USD Million | -0.539 USD Billion 4Q/19
Exports 264 USD Million | 0.264 USD Billion Feb/20
External Debt 17792 USD Million | 17.792 USD Billion 3Q/19
Foreign Exchange Reserves 2706672 GEL Thousand | 0.824 USD Billion Dec/19
Imports 704 USD Million | 0.704 USD Billion Feb/20


Money Indicators

Indicator Data Period
Interest Rate 9 % Mar/20
Money Supply M0 2989883 GEL Thousand | 0.91 USD Billion Feb/20
Money Supply M1 8165796 GEL Thousand | 2.486 USD Billion Feb/20
Money Supply M2 11008570 GEL Thousand | 3.351 USD Billion Feb/20
Money Supply M3 23501272 GEL Thousand | 7.154 USD Billion Feb/20
Deposit Interest Rate 10.12 % Jan/20
Foreign Direct Investment 417 USD Million | 0.417 B USD 3Q/19


Labor Indicators

Indicator Data Period
Retirement Age Men 65 2018
Retirement Age Women 60 2018
Unemployment Rate 12.7 % 2018
Wages 1320 GEL/Month | 401.802 USD/Month 4Q/19
Youth Unemployment Rate 26.6 % 2018
Employed Persons 688 Thousand Person | 0.688 Million Person 2Q/19
Labor Force Participation Rate 63.9 % 2018
Unemployed Persons 246 Thousand Persons | 0.246 Million Persons 2018


Taxes

Indicator Data Period
Corporate Tax Rate 15 % 2020
Personal Income Tax Rate 20 % 2019
Sales Tax Rate 18 % 2020


Production Indicators

Indicator Data Period
Crude Oil Production 0.4 BBL/D/1K Nov/19
Industrial Production 12.2 % 4Q/19
Mining Production 8.3 % 3Q/19


Business Indicators

Indicator Data Period
Business Confidence 25.8 index points 1Q/20
Corruption Index 56 index points 2019
Corruption Rank 44 place 2019
Ease of Doing Business 7 place 2019
Manufacturing Production 20.5 % 3Q/19
Competitiveness Index 60.61 Index Points 2019
Competitiveness Rank 74 2019
Leading Economic Index  2.2 % Feb/20


Consumer Indicators

Indicator Data Period
Consumer Confidence -19.7 index points Oct/19
Retail Sales YoY 15.3 % 4Q/19
Consumer Spending 8201 GEL Million | 2.496 USD Billion 3Q/19


Gold Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
0.824
USD Billion
#104 from 114 countries


Government Budget Value
balance_icon
-0.001
USD Billion
#33 from 113 countries
Inflation Rate
inflation_icon
6.4
%
#30 from 174 countries


Interest Rate
discount_rate_icon
9
%
#36 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
12.7
%
#32 from 171 countries
Wages
salary_icon
401.802
USD/Month
#67 from 82 countries


Retirement Age
man_icon
woman_icon
65
60
men
women
Taxes
company_icon
private_icon
15%
20%
company profits
income of individuals