Country Report Georgia March 2011

Outlook for 2011-12: Forecast summary

Forecast summary
(% unless otherwise indicated)
 2009a2010b2011c2012c
Real GDP growth-3.86.14.35.2
Consumer price inflation (av)1.77.1a8.45.0
Lending rate (%)25.524.2a20.820.3
Government balance (% of GDP)-9.2-6.3-4.4-3.1
Exports of goods fob (US$ bn)1.92.42.83.1
Imports of goods fob (US$ bn)-4.3-4.8-5.4-5.6
Current-account balance (US$ bn)-1.3-1.2-1.3-1.2
Current-account balance (% of GDP)-11.7-10.6-10.3-8.3
Exchange rate Lari:US$ (av)1.671.78a1.771.72
Exchange rate Lari:€ (av)2.332.362.242.06
Exchange rate Lari:Rb (av)0.050.06a0.060.06
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts.

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© 2011 The Economist lntelligence Unit Ltd. All rights reserved
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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