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108.08

-0.63%

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0.9146

-0.46%

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0.7776

+0.66%

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1.3872

+0.35%

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1.2028

+0.43%

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1.2483

-0.19%

Economy of Georgia. Statistics, Data and Indicators

Georgia

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

Georgia

Business Indicators
Budget Indicators
Money Indicators

Taxes
GDP Indicators
Labor Indicators

Inflation Indicators
Trade Indicators
Consumer Indicators

Production Indicators

Georgia Major Economic Indicators

Indicator	Data	Period
GDP Value	17.74 USD Billion	2019
GDP Annual Growth Rate	-6.8 %	4Q/20
GDP per capita	4986 USD	2019
Inflation Rate YoY	7.2 %	Mar/21
Interest Rate	8.5 %	Mar/21
Unemployment Rate	18.5 %	2020
Wages	1315 GEL/Month \| 383.919 USD/Month	4Q/20
Balance of Trade	-442 USD Million \| -0.442 B USD	Mar/21
Current Account	-560 USD Million \| -0.56 B USD	4Q/20
Foreign Exchange Reserves	3867 GEL Thousand \| 0.001 B USD	Feb/21

GDP

vvp

17.74

USD Billion

#120 from 174 countries

GDP per capita

vvp

4986

USD

#98 from 169 countries

GDP Indicators

Indicator	Data	Period
GDP Value	17.74 USD Billion	2019
GDP Annual Growth Rate	-6.8 %	4Q/20
GDP per capita	4986 USD	2019
Gross National Product	12664 GEL Million \| 3.697 USD Billion	3Q/20
GDP Constant Prices	10160 GEL Million \| 2.966 B USD	4Q/20
GDP per capita PPP	15014 USD	2019
GDP From Agriculture	882 GEL Million \| 0.268 B USD	3Q/19
GDP From Construction	738 GEL Million \| 0.224 B USD	3Q/19
GDP From Manufacturing	738 GEL Million \| 0.224 B USD	3Q/19
GDP From Mining	107 GEL Million \| 0.032 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 \| 0.146 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	62.4 %	2020
Government Budget Value	-259 GEL Million \| -0.076 USD Billion	Feb/21
Government Spending	2066 GEL Million \| 0.603 USD Billion	4Q/20
Government Revenues	864 GEL Million \| 0.252 USD Billion	Feb/21
Fiscal Expenditure	977 GEL Million \| 0.285 B USD	Feb/21
Government Budget to GDP	-3.4 %	2019
Military Expenditure	337 USD Million \| 0.337 B USD	2019

Inflation Indicators

Indicator	Data	Period
Consumer Price Index (CPI)	150 index points	Mar/21
Export Prices	101 index points	Jan/21
Food Inflation	5.7 %	Mar/21
GDP Deflator	107 index points	4Q/20
Import Prices	104 index points	Jan/21
Inflation Rate YoY	7.2 %	Mar/21
Producer Prices	193 index points	Feb/21
Inflation Rate Mom	4.2 %	Mar/21
Core Inflation Rate	6.6 %	Feb/21
CPI Housing Utilities	136 Index Points	Mar/21
CPI Transportation	103 Index Points	Mar/21
Producer Prices Change	16.9 %	Feb/21

Trade Indicators

Indicator	Data	Period
Current Account to GDP	-5.1 %	2019
Balance of Trade	-442 USD Million \| -0.442 USD Billion	Mar/21
Capital Flows	531 USD Million \| 0.531 USD Billion	4Q/20
Current Account	-560 USD Million \| -0.56 USD Billion	4Q/20
Exports	326 USD Million \| 0.326 USD Billion	Mar/21
External Debt	20285 USD Million \| 20.285 USD Billion	4Q/20
Foreign Exchange Reserves	3867 GEL Thousand \| 0.001 USD Billion	Feb/21
Imports	768 USD Million \| 0.768 USD Billion	Mar/21

Money Indicators

Indicator	Data	Period
Interest Rate	8.5 %	Mar/21
Money Supply M0	3653929 GEL Thousand \| 1.067 USD Billion	Feb/21
Money Supply M1	9633742 GEL Thousand \| 2.813 USD Billion	Feb/21
Money Supply M2	13449182 GEL Thousand \| 3.927 USD Billion	Feb/21
Money Supply M3	31004708 GEL Thousand \| 9.052 USD Billion	Feb/21
Deposit Interest Rate	9.11 %	Feb/21
Foreign Direct Investment	-103 USD Million \| -0.103 B USD	4Q/20

Labor Indicators

Indicator	Data	Period
Retirement Age Men	65	2020
Retirement Age Women	60	2020
Unemployment Rate	18.5 %	2020
Wages	1315 GEL/Month \| 383.919 USD/Month	4Q/20
Youth Unemployment Rate	27.8 %	2019
Employed Persons	1198 Thousand Person \| 1.198 Million Person	4Q/20
Labor Force Participation Rate	50.48 %	2020
Unemployed Persons	282 Thousand Persons \| 0.282 Million Persons	2020

Taxes

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

Production Indicators

Indicator	Data	Period
Crude Oil Production	0.4 BBL/D/1K	Dec/20
Industrial Production	5.8 %	4Q/20
Mining Production	8.3 %	3Q/19

Business Indicators

Indicator	Data	Period
Business Confidence	-28.6 index points	4Q/20
Corruption Index	56 index points	2020
Corruption Rank	45 place	2020
Ease of Doing Business	7 place	2019
Manufacturing Production	-5.34 %	2Q/20
Competitiveness Index	60.61 Index Points	2019
Competitiveness Rank	74	2019
Leading Economic Index	-5.1 %	Feb/21

Consumer Indicators

Indicator	Data	Period
Consumer Confidence	-38.3 index points	Jan/21
Retail Sales YoY	-5.7 %	4Q/20
Consumer Spending	10783 GEL Million \| 3.148 USD Billion	4Q/20

Gold Reserves

gold_reserve_icon

N/A

N/A

#N/A from N/A countries

Foreign Exchange Reserves

gold_reserve_icon

0.001

USD Billion

#104 from 114 countries

Government Budget Value

balance_icon

-0.076

USD Billion

#33 from 113 countries

Inflation Rate

inflation_icon

7.2

%

#30 from 174 countries

Interest Rate

discount_rate_icon

8.5

%

#36 from 159 countries

Bank Lending Rate

credit_rate_icon

N/A%

#N/A from N/A countries

Unemployment Rate

unemployment_icon

18.5

%

#32 from 171 countries

Wages

salary_icon

383.919

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

1

2

3

4

5

6

7

8

9

10