Country Report Georgia March 2011

Economic structure: Annual indicators

	2006a	2007a	2008a	2009a	2010b
GDP at market prices (Lari bn)	13.8	17.0	19.1	17.9	20.8
GDP (US$ bn)	7.7	10.2	12.8	10.7	11.7
Real GDP growth (%)	9.4	12.2	2.3	-3.8	6.1
Consumer price inflation (av; %)	9.2	9.2	10.0	1.7	7.1a
Population (m)	4.4	4.4	4.4	4.4	4.4a
Exports of goods fob (US$ m)	1,666.6	2,088.2	2,427.9	1,893.5	2,383.8
Imports of goods fob (US$ m)	-3,685.9	-4,984.1	-6,261.2	-4,292.6	-4,803.2
Current-account balance (US$ m)	-1,255.7	-2,009.2	-2,912.4	-1,258.8	-1,241.1
Foreign-exchange reserves excl gold (US$ m)	930.8	1,361.2	1,480.2	2,110.3	2,263.8a
Exchange rate Lari:US$ (av)	1.78	1.67	1.49	1.67	1.78a
a Actual. b Economist Intelligence Unit estimates.

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Origins of gross domestic product 2009	% of total	Components of gross domestic product 2009	% of total
Agriculture	12.4	Private consumption	82.7
Industry	27.6	Public consumption	24.4
Services	60.0	Gross fixed investment	14.4
		Net exports of goods & services	-19.5
Total	100.0	Total incl others	100.0

Principal exports 2010	% of total	Principal imports 2010	% of total
Ferrous metals	16.7	Oil & gas	16.2
Automotives	14.4	Automotives	6.1
Copper & scrap black metals	11.4	Pharmaceuticals	3.7

Main destination of exports 2010	% of total	Main origin of imports 2010	% of total
Azerbaijan	15.4	Turkey	17.4
Turkey	13.6	Ukraine	11.0
US	11.4	Azerbaijan	9.1
Armenia	10.1	China	6.6

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Whilst every effort has been taken to verify the accuracy of this information, The Economist lntelligence Unit Ltd. cannot accept any responsibility or liability for reliance by any person on this information

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