Georgia | Economic Indicators


Markets Last Reference Previous Range
Currency 2.26 Jul/15 2.26 1.23 : 2.45
GDP Last Reference Previous Range
GDP 16.52 USD Billion Dec/14 16.14 2.51 : 16.52
GDP Annual Growth Rate 3.2 percent Mar/15 1.8 -9 : 12.3
GDP Constant Prices 3615 GEL Million Mar/15 4319 1807 : 28433
GDP per capita 2254 USD Dec/14 2160 680 : 3315
Gross Fixed Capital Formation 1623 GEL Million Mar/15 2304 152 : 2304
GDP per capita PPP 7233 USD Dec/14 6930 2181 : 8018
Gross National Product 6758 GEL Million Mar/15 8272 1815 : 8272
Labour Last Reference Previous Range
Unemployment Rate 12.4 percent Dec/14 14.6 10.3 : 16.9
Employed Persons 535 Thousand Dec/14 520 311 : 535
Wages 856 GEL/Month Mar/15 950 321 : 950
Population 3.73 Million Dec/14 4.48 3.65 : 4.91
Labor Force Participation Rate 66.47 percent Dec/14 66.22 62.21 : 66.87
Retirement Age Men 65 Dec/15 65 65 : 65
Retirement Age Women 60 Dec/15 60 60 : 60
Unemployed Persons 246 Thousand Persons Dec/14 292 212 : 336
Wages In Manufacturing 702 GEL Dec/14 650 316 : 840
Youth Unemployment Rate 30.51 percent Dec/14 33.75 30.51 : 39.87
Prices Last Reference Previous Range
Inflation Rate 4.5 percent Jun/15 3.5 -3.3 : 59.31
Consumer Price Index CPI 163 Index Points Jun/15 163 74.04 : 163
GDP Deflator 105 Index Points Mar/15 104 97.09 : 114
Food Inflation 5.7 percent Jun/15 3.9 -10.93 : 30.7
Inflation Rate Mom 0.02 percent Jun/15 0.65 -4.04 : 3.53
Producer Prices 102 Index Points Apr/15 101 96.23 : 107
Producer Prices Change 10.22 percent Jun/15 8.96 -9.76 : 19
Money Last Reference Previous Range
Interest Rate 5.5 percent Jul/15 5 3.75 : 12
Foreign Exchange Reserves 1578169 GEL Thousands May/15 1571927 297495 : 1612465
Money Supply M0 1979812 GEL Thousands Jun/15 1993695 84708 : 1993695
Money Supply M1 4168497 GEL Thousands Jun/15 4160728 107279 : 4460837
Money Supply M2 5658530 GEL Thousands Jun/15 5656041 112337 : 5911310
Money Supply M3 11792213 GEL Thousands Jun/15 11835308 131419 : 11865515
Trade Last Reference Previous Range
Balance of Trade -402 USD Million Jun/15 -525 -630 : -6.34
Exports 198 USD Million Jun/15 195 7.09 : 312
Imports 600 USD Million Jun/15 720 14.82 : 863
Current Account -493 USD Million Mar/15 -660 -926 : -37.97
Current Account to GDP -9.7 percent Dec/14 -5.8 -22.07 : -5.27
Crude Oil Production 1 BBL/D/1K Feb/15 1 0.98 : 2.8
External Debt 13407 USD Million Mar/15 13444 4175 : 13444
Foreign Direct Investment 175 USD Million Mar/15 349 75.6 : 703
Remittances 249627 USD Thousands Mar/15 344259 33643 : 410483
Government Last Reference Previous Range
Government Budget -3.2 percent of GDP Dec/14 -2.6 -6.7 : 4.5
Government Debt to GDP 36.8 percent Dec/13 37.9 21.55 : 43.62
Government Spending 1180 GEL Million Mar/15 1541 41.1 : 1541
Credit Rating 40 :
Government Budget Value 144 GEL Million Mar/15 -506 -556 : 235
Government Revenues 1951 GEL Million Mar/15 2015 1028 : 2015
Business Last Reference Previous Range
Industrial Production 2.88 percent Mar/15 1.74 -5 : 35.1
Changes in Inventories 379 GEL Million Mar/15 339 -262 : 379
Business Confidence 24.5 Index Points Mar/15 24.9 21.7 : 40.4
Competitiveness Index 4.21 Points Dec/15 4.15 3.75 : 4.21
Competitiveness Rank 69 Dec/15 72 69 : 93
Corruption Index 52 Points Dec/14 49 18 : 52
Corruption Rank 50 Dec/14 55 50 : 133
Ease of Doing Business 15 Dec/14 8 8 : 17
Manufacturing Production -3.66 percent Mar/15 0.76 -3.66 : 41.3
Mining Production 48.64 percent Mar/15 21.86 -66.39 : 120
Consumer Last Reference Previous Range
Retail Sales YoY 6.01 percent Mar/15 14.82 -21.9 : 82.5
Consumer Spending 4918 GEL Million Mar/15 5504 970 : 5504
Consumer Confidence -30.4 Jun/15 -35.1 -36 : -1.4
Taxes Last Reference Previous Range
Corporate Tax Rate 15 percent Dec/15 15 15 : 20
Personal Income Tax Rate 20 percent Dec/15 20 12 : 25
Sales Tax Rate 18 percent Dec/15 18 18 : 18




Economic Indicators for Georgia including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Georgia economy. 7/28/2015