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GDP:
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purchasing power parity - $12.18 billion (2003 est.)
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GDP - real growth rate:
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5.5% (2003 est.)
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GDP - per capita:
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purchasing power parity - $2,500 (2003 est.)
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GDP - composition by sector:
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agriculture: 20.5%
industry: 22.6%
services: 56.9% (2003 est.)
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Investment (gross fixed):
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18% of GDP (2003)
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Population below poverty line:
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54% (2001 est.)
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Household income or consumption by percentage share:
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lowest 10%: 2.3%
highest 10%: 27.9% (1996)
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Distribution of family income - Gini index:
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37.1 (1996)
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Inflation rate (consumer prices):
|
4.8% (2003 est.)
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Labor force:
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2.1 million (2001 est.)
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Labor force - by occupation:
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agriculture 40%, industry 20%, services 40% (1999 est.)
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Unemployment rate:
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17% (2001 est.)
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Budget:
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revenues: $603.5 million
expenditures: $700.5 million, including capital expenditures of NA (2003 est.)
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Industries:
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steel, aircraft, machine tools, electrical appliances, mining (manganese and copper), chemicals, wood products, wine
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Industrial production growth rate:
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3% (2000)
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Electricity - production:
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7.27 billion kWh (2001)
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Electricity - production by source:
|
fossil fuel: 19.7%
hydro: 80.3%
other: 0% (2001)
nuclear: 0%
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Electricity - consumption:
|
7.611 billion kWh (2001)
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Electricity - exports:
|
0 kWh (2001)
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Electricity - imports:
|
850 million kWh (2001)
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Oil - production:
|
2,000 bbl/day (2001 est.)
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Oil - consumption:
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31,500 bbl/day (2001 est.)
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Oil - exports:
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NA (2001)
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Oil - imports:
|
NA (2001)
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Natural gas - production:
|
60 million cu m (2001 est.)
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Natural gas - consumption:
|
1.16 billion cu m (2001 est.)
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Natural gas - exports:
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0 cu m (2001 est.)
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Natural gas - imports:
|
1.1 billion cu m (2001 est.)
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Agriculture - products:
|
citrus, grapes, tea, hazelnuts, vegetables; livestock
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Current account balance:
|
$-365 million (2003)
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Exports:
|
$615 million (2003 est.)
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Exports - commodities:
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scrap metal, machinery, chemicals; fuel reexports; citrus fruits, tea, wine
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Exports - partners:
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Turkey 23.3%, Greece 11.9%, Russia 8.9%, US 6.5%, Turkmenistan 5.8%, Italy 5.5%, Spain 5.2% (2003 est.)
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Imports:
|
$1.25 billion (2003 est.)
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Imports - commodities:
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fuels, machinery and parts, transport equipment, grain and other foods, pharmaceuticals
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Imports - partners:
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US 11%, Turkey 10.6%, Russia 10.3%, Azerbaijan 8.2%, Germany 6.5%, France 6%, Ukraine 5.7%, Italy 5.2%, Bulgaria 4.9% (2003 est.)
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Reserves of foreign exchange & gold:
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$190.7 million (2003)
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Debt - external:
|
$1.8 billion (2002)
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Economic aid - recipient:
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ODA $150 million (2000 est.)
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Currency:
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lari (GEL)
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Currency code:
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GEL
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Exchange rates:
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lari per US dollar - 2.1457 (2003), 2.1957 (2002), 2.073 (2001), 1.9762 (2000), 2.0245 (1999)
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