Latest: United Kingdom 16:15 BoE MPC Member Cunliffe Speaks Forecast: 0

Latest: Japan 01:30 BoJ Board Member Kataoka Speaks Forecast: 0

Latest: Thailand 03:51 GDP Annual Forecast: 0 % Actual: 2.4%

Latest: Japan 01:30 BoJ Board Member Masai Speaks Forecast: 0

Latest: Indonesia 04:00 GDP Annual Forecast: 5.03 % Actual: 5.02%

USD/JPY

105.47

+0.07%

USD/CHF

0.9268

+0.13%

AUD/USD

0.7059

+0.18%

GBP/USD

1.2755

+0.05%

EUR/USD

1.1667

-0.02%

USD/CAD

1.3350

-0.03%

Economy of Georgia. Statistics, Data and Indicators

Georgia

38BB-	Credit rank #77
N/A	Quality of life #
44	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	-12.3 %	2Q/20
GDP per capita	4986 USD	2019
Inflation Rate YoY	4.8 %	Aug/20
Interest Rate	8 %	Sep/20
Unemployment Rate	12.7 %	2018
Wages	1150 GEL/Month \| 350.61 USD/Month	2Q/20
Balance of Trade	-351 USD Million \| -0.351 B USD	Aug/20
Current Account	-418 USD Million \| -0.418 B USD	1Q/20
Foreign Exchange Reserves	2706672 GEL Thousand \| 0.825 B USD	Dec/19

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	-12.3 %	2Q/20
GDP per capita	4986 USD	2019
Gross National Product	10589 GEL Million \| 3.228 USD Billion	2Q/19
GDP Constant Prices	8916 GEL Million \| 2.718 B USD	2Q/20
GDP per capita PPP	15014 USD	2019
GDP From Agriculture	882 GEL Million \| 0.269 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 \| 0.2 B USD	3Q/19
GDP From Services	448 GEL Million \| 0.137 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	-345 GEL Million \| -0.105 USD Billion	Jun/20
Government Spending	1525 GEL Million \| 0.465 USD Billion	1Q/20
Government Revenues	870 GEL Million \| 0.265 USD Billion	Jul/20
Fiscal Expenditure	1210 GEL Million \| 0.369 B USD	Jul/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	Aug/20
Export Prices	98.5 index points	Jun/20
Food Inflation	11.5 %	Jul/20
GDP Deflator	106 index points	2Q/20
Import Prices	99.3 index points	Jun/20
Inflation Rate YoY	4.8 %	Aug/20
Producer Prices	174 index points	Aug/20
Inflation Rate Mom	-0.5 %	Jul/20
Core Inflation Rate	5.7 %	Aug/20
CPI Housing Utilities	100 Index Points	Aug/20
CPI Transportation	101 Index Points	Aug/20
Producer Prices Change	4.9 %	Aug/20

Trade Indicators

Indicator	Data	Period
Current Account to GDP	-7.7 %	2018
Balance of Trade	-351 USD Million \| -0.351 USD Billion	Aug/20
Capital Flows	584 USD Million \| 0.584 USD Billion	4Q/19
Current Account	-418 USD Million \| -0.418 USD Billion	1Q/20
Exports	292 USD Million \| 0.292 USD Billion	Aug/20
External Debt	18282 USD Million \| 18.282 USD Billion	1Q/20
Foreign Exchange Reserves	2706672 GEL Thousand \| 0.825 USD Billion	Dec/19
Imports	643 USD Million \| 0.643 USD Billion	Aug/20

Money Indicators

Indicator	Data	Period
Interest Rate	8 %	Sep/20
Money Supply M0	3525805 GEL Thousand \| 1.075 USD Billion	Jul/20
Money Supply M1	9252274 GEL Thousand \| 2.821 USD Billion	Jul/20
Money Supply M2	12556854 GEL Thousand \| 3.828 USD Billion	Jul/20
Money Supply M3	26853912 GEL Thousand \| 8.187 USD Billion	Jul/20
Deposit Interest Rate	9.86 %	Jul/20
Foreign Direct Investment	165 USD Million \| 0.165 B USD	1Q/20

Labor Indicators

Indicator	Data	Period
Retirement Age Men	65	2018
Retirement Age Women	60	2018
Unemployment Rate	12.7 %	2018
Wages	1150 GEL/Month \| 350.61 USD/Month	2Q/20
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	May/20
Industrial Production	-5.3 %	2Q/20
Mining Production	8.3 %	3Q/19

Business Indicators

Indicator	Data	Period
Business Confidence	-27.2 index points	2Q/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	-5.5 %	Jul/20

Consumer Indicators

Indicator	Data	Period
Consumer Confidence	-40.2 index points	May/20
Retail Sales YoY	-14.5 %	2Q/20
Consumer Spending	8388 GEL Million \| 2.557 USD Billion	1Q/20

Gold Reserves

gold_reserve_icon

N/A

N/A

#N/A from N/A countries

Foreign Exchange Reserves

gold_reserve_icon

0.825

USD Billion

#104 from 114 countries

Government Budget Value

balance_icon

-0.105

USD Billion

#33 from 113 countries

Inflation Rate

inflation_icon

4.8

%

#30 from 174 countries

Interest Rate

discount_rate_icon

8

%

#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

350.61

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