Population: 4.5 million in 20131
GDP: $16.1 billion in 20132
GDP per capita: $3,605 nominal3 ($7,165 PPP4) in 2013
GDP growth rate: 3.3% in 20135
GDP by Industry 20126
Industry sector | Value added ($ millions) 2012 | Percent of total |
Other activities | 4,836 | 38.4% |
Wholesale, retail trade, restaurants and hotels | 2,383 | 18.9% |
Manufacturing | 1,625 | 12.9% |
Transport, storage and communication | 1,312 | 10.4% |
Agriculture, hunting, forestry, fishing | 1,100 | 8.7% |
Construction | 835 | 6.6% |
Mining and utilities | 501 | 4.0% |
Total value added | 12,591 | 100% |
Unemployment rate: 14.3% in 20137
Employment by Industry 20068
Employment sector | Percent of total |
Agriculture | 56% |
Services | 35% |
Industry | 9% |
Total | 100% |
Top 10 Corporations by Revenue 20139
N/A
Household Wealth: $69 billion (429% of GDP) in 201410
Household Wealth per Adult: $21,857 in 201410
Gini Coefficient: .362 in 201311
Central Government
Central Government Revenue: $4.8 billion (30% of GDP) in 201312
Central Government Expenditure: $5.3 billion (33% of GDP) in 201312
Central Government Budget Balance: -$0.5 billion (-3% of GDP) in 201312
Central Government Public Debt: $4.7 billion (29% of GDP) in Q3 2014* 13
Central Government 10 Year Bond Interest Rate: N/A
* Public debt calculated using the exchange rate 2.03 GEL = 1 USD
Government Funds
N/A
Tax Structure
Individual Income Tax Rates and Thresholds in 201314
Corporate Tax Rate: 15% in 201415
Money Supply (M0): $2.0 billion (13% of GDP) in Jan 2015* 16
Benchmark Interest Rate: 4.00% in Dec 201417
Total Reserves: $2.0 billion (12% of GDP) in 201318
Exchange Rate: 2.03 Georgian Lari = 1 U.S. Dollar on Feb 11, 201519
Inflation: -0.5% in 201320
* Money supply calculated using the exchange rate 2.03 GEL = 1 USD
Top 10 Financial Institutions by Assets 201321
N/A (data not available at Relbanks.com)
Exports: $2.6 billion (16% of GDP) in 201322
Imports: $7.1 billion (44% of GDP) in 201322
Trade Balance: -$4.5 billion (-28% of GDP) in 201322
Foreign Direct Investment Inflow: $949 million (6% of GDP) in 201323
Foreign Direct Investment Outflow: N/A
Foreign Aid Inflow: $662 million (4% of GDP) in 201224
Foreign Aid Outflow: N/A
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: IMF Dissemination Standards Bulletin Board (Public debt) Go back
14. Source: PKF Tax Guide (Individual tax rates) Go back
15. Source: Tax Foundation (Corporate tax rate) Go back
16. Source: IMF Dissemination Standards Bulletin Board, Access Summary Data (Money supply) Go back
17. Source: IMF Dissemination Standards Bulletin Board, Access National Summary Data (Benchmark interest rate) Go back
18. Source: World Bank Indicators (Total reserves) Go back
19. Source: xe.com (Exchange rate) Go back
20. Source: World Bank Indicators (Inflation rate) Go back
21. Source: Relbanks.com (Financial institutions by assets) Go back
22. Source: CIA World Factbook (Trade data) Go back
23. Source: World Bank Indicators (FDI data) Go back
24. Source: World Bank Indicators (Aid data) Go back