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

103.81

-0.59%

USD/CHF

0.8908

-0.42%

AUD/USD

0.7444

+0.43%

GBP/USD

1.3492

+0.9%

EUR/USD

1.2153

+0.33%

USD/CAD

1.2874

-0.34%

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	3.8 %	Nov/20
Interest Rate	8 %	Oct/20
Unemployment Rate	12.7 %	2018
Wages	1150 GEL/Month \| 345.844 USD/Month	2Q/20
Balance of Trade	-394 USD Million \| -0.394 B USD	Oct/20
Current Account	-337 USD Million \| -0.337 B USD	2Q/20
Foreign Exchange Reserves	2706672 GEL Thousand \| 0.814 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 \| 3.184 USD Billion	2Q/19
GDP Constant Prices	8916 GEL Million \| 2.681 B USD	2Q/20
GDP per capita PPP	15014 USD	2019
GDP From Agriculture	882 GEL Million \| 0.265 B USD	3Q/19
GDP From Construction	738 GEL Million \| 0.222 B USD	3Q/19
GDP From Manufacturing	738 GEL Million \| 0.222 B USD	3Q/19
GDP From Mining	107 GEL Million \| 0.032 B USD	3Q/19
GDP From Public Administration	655 GEL Million \| 0.197 B USD	3Q/19
GDP From Services	448 GEL Million \| 0.135 B USD	2Q/19
GDP From Transport	482 GEL Million \| 0.145 B USD	3Q/19
GDP From Utilities	84.1 GEL Million \| 0.025 B USD	3Q/19

Budget Indicators

Indicator	Data	Period
Government Debt to GDP	43 %	2018
Government Budget Value	-345 GEL Million \| -0.104 USD Billion	Jun/20
Government Spending	1515 GEL Million \| 0.456 USD Billion	2Q/20
Government Revenues	860 GEL Million \| 0.259 USD Billion	Sep/20
Fiscal Expenditure	1193 GEL Million \| 0.359 B USD	Sep/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)	143 index points	Nov/20
Export Prices	98.5 index points	Jun/20
Food Inflation	6 %	Nov/20
GDP Deflator	106 index points	2Q/20
Import Prices	99.3 index points	Jun/20
Inflation Rate YoY	3.8 %	Nov/20
Producer Prices	175 index points	Oct/20
Inflation Rate Mom	0.9 %	Nov/20
Core Inflation Rate	5.2 %	Sep/20
CPI Housing Utilities	99.66 Index Points	Nov/20
CPI Transportation	99.25 Index Points	Nov/20
Producer Prices Change	8 %	Oct/20

Trade Indicators

Indicator	Data	Period
Current Account to GDP	-7.7 %	2018
Balance of Trade	-394 USD Million \| -0.394 USD Billion	Oct/20
Capital Flows	584 USD Million \| 0.584 USD Billion	4Q/19
Current Account	-337 USD Million \| -0.337 USD Billion	2Q/20
Exports	313 USD Million \| 0.313 USD Billion	Oct/20
External Debt	18762 USD Million \| 18.762 USD Billion	2Q/20
Foreign Exchange Reserves	2706672 GEL Thousand \| 0.814 USD Billion	Dec/19
Imports	706 USD Million \| 0.706 USD Billion	Oct/20

Money Indicators

Indicator	Data	Period
Interest Rate	8 %	Oct/20
Money Supply M0	3638089 GEL Thousand \| 1.094 USD Billion	Oct/20
Money Supply M1	9234985 GEL Thousand \| 2.777 USD Billion	Oct/20
Money Supply M2	12728863 GEL Thousand \| 3.828 USD Billion	Oct/20
Money Supply M3	28321728 GEL Thousand \| 8.517 USD Billion	Oct/20
Deposit Interest Rate	9.41 %	Sep/20
Foreign Direct Investment	238 USD Million \| 0.238 B USD	2Q/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 \| 345.844 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	Jul/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	-3.9 %	Oct/20

Consumer Indicators

Indicator	Data	Period
Consumer Confidence	-40.2 index points	May/20
Retail Sales YoY	-14.5 %	2Q/20
Consumer Spending	7888 GEL Million \| 2.372 USD Billion	2Q/20

Gold Reserves

gold_reserve_icon

N/A

N/A

#N/A from N/A countries

Foreign Exchange Reserves

gold_reserve_icon

0.814

USD Billion

#104 from 114 countries

Government Budget Value

balance_icon

-0.104

USD Billion

#33 from 113 countries

Inflation Rate

inflation_icon

3.8

%

#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

345.844

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