In 2008 the GDP growth rate was 2,1 per cent (preliminary data). GDP in market prices amounted to 19 070 mln GEL or 9 544 mln. USD and GDP per capita equaled to GEL 4 352 (2 920 USD).
In 2008 the inflation rate was 5,5%. (In 2007 the inflation rate in Georgia was 11,0%; in the 2006 inflation rate was 8,8; in 2005 the inflation rate was 6,2% and in the 2004 inflation rate was 7,5%)
FDIs (Foreign Direct Investment) in 2008 amounted 1 564 ml. USD
In the 2008 the foreign trade turnover amounted to 7 555.8 ml USD (17.2% increase in comparison with the last year), where the export was 1497.7 ml. USD (21.5% increase) and import - 6058.1 ml. USD (16.2% increase). The negative trade balance of Georgia was equal to 4560 ml. USD. The ratio of import coverage by export was 24.7 per cent (see annex).
In January-June 2009 (preliminary data) GDP in market prices amounted to 8.1 billion GEL (4.9 billion USD) and GDP per capita equaled to GEL 1855 (1115 USD).
The FDI's in January-June 2009 amounted 226.1mln.USD.
In the 2009 (January-September) the foreign trade turnover amounted to 3956.5 ml USD (34.6% reduce in comparison with the last year), where the export was 826.5 ml. USD (33.3% reduce) and import - 3131.1 ml. USD (34.9% increase). The negative trade balance of Georgia was equal to 2304.6 ml. USD. (35.4% reduce) The ratio of import coverage by export was 26.4 per cent (see annex).
Table 1. Main Economic Indicators
(2005 - 2009 January-June)
|
|
2005 |
2006 |
2007 |
2008
|
2009 (January-June)
|
|
Real GDP Growth (%) |
9.6 |
9.4 |
12.4 |
2.1 |
___
|
|
foreign trade turnover (mln. USD) |
3355.4 |
4670.4 |
6456.9 |
7555.8 |
3957.5 (January-September)
|
|
Export (mln. USD) |
865.5 |
992.6 |
1240.2 |
1497.7 |
826.5 (January-September)
|
|
Import (mln. USD) |
2490.0 |
3677.8 |
5216.7 |
6058.1 |
3131.0 (January-September)
|
|
Exports (growth,%) |
34 |
14 |
32.5 |
21.5 |
33.2 (reduce) |
|
Imports (growth,%) |
34.8 |
47.8 |
41.8 |
16.2 |
30.1 (reduce) |
|
Inflation Rate (%)
|
6.2 |
8.8 |
11.0 |
5.5 |
___ |
|
Foreign Direct Investments (mln. USD) |
449.8 |
1 190 |
2 014.8 |
1 564 |
226.1
|
|
GDP (mln USD) |
6 145 |
7 849 |
10 175 |
12 797 |
4892 |
|
GDP per capita (USD) |
1 479 |
1 779 |
2 315 |
2 920 |
1115
|
|
In 2008 the GDP growth rate was 2,1 per cent (preliminary data). GDP in market prices amounted to 19 070 mln GEL or 9 544 mln. USD and GDP per capita equaled to GEL 4 352 (2 920 USD). In 2008 the inflation rate was 5,5%. (In 2007 the inflation rate in Georgia was 11,0%; in the 2006 inflation rate was 8,8; in 2005 the inflation rate was 6,2% and in the 2004 inflation rate was 7,5%) FDIs (Foreign Direct Investment) in 2008 amounted 1 564 ml. USD In the 2008 the foreign trade turnover amounted to 7 555.8 ml USD (17.2% increase in comparison with the last year), where the export was 1497.7 ml. USD (21.5% increase) and import - 6058.1 ml. USD (16.2% increase). The negative trade balance of Georgia was equal to 4560 ml. USD. The ratio of import coverage by export was 24.7 per cent (see annex). In January-June 2009 (preliminary data) GDP in market prices amounted to 8.1 billion GEL (4.9 billion USD) and GDP per capita equaled to GEL 1855 (1115 USD). The FDI's in January-June 2009 amounted 226.1mln.USD. In the 2009 (January-September) the foreign trade turnover amounted to 3956.5 ml USD (34.6% reduce in comparison with the last year), where the export was 826.5 ml. USD (33.3% reduce) and import - 3131.1 ml. USD (34.9% increase). The negative trade balance of Georgia was equal to 2304.6 ml. USD. (35.4% reduce) The ratio of import coverage by export was 26.4 per cent (see annex).
Table 1. Main Economic Indicators (2005 - 2009 January-June)
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Copyright © 2005-2009 Ministry of Foreign Affairs of Georgia. All rights reserved.
Created by ITDC
|