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Economy of Georgia. Statistics, Data and Indicators

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


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