ÿþ<html> <head> <title> Georgia Economy 2012, CIA World Factbook </title> <META NAME="Description" CONTENT="Georgia Economy 2012, CIA World Factbook"> <META NAME="keywords" CONTENT="Georgia, Economy, 2012, CIA, World, Factbook"> <script language="JavaScript"> function AddToFaves_hp(){ var is_4up = parseInt(navigator.appVersion); var is_mac = navigator.userAgent.toLowerCase().indexOf("mac")!=-1; var is_ie = navigator.userAgent.toLowerCase().indexOf("msie")!=-1; var thePage = location.href; if (thePage.lastIndexOf('#')!=-1) thePage = thePage.substring(0,thePage.lastIndexOf('#')); if (is_ie && is_4up && !is_mac) window.external.AddFavorite(thePage,document.title); else if (is_ie || document.images) booker_hp = window.open(thePage,'booker_','menubar,width=325,height=100,left=140,top=60'); //booker_hp.focus(); } //--> </script> <script type="text/javascript"> (function() { var po = document.createElement('script'); po.type = 'text/javascript'; po.async = true; po.src = 'https://apis.google.com/js/plusone.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(po, s); })(); </script> <style type="text/css"> A:link { text-decoration: none; color:#000066; } A:visited { text-decoration: none; color:#000066; } A:active { text-decoration: none; color:#000066; } A:hover { text-decoration: none; color:#990033; } a { text-decoration: none} </style> </head> <body topmargin="0" leftmargin="0" bgcolor="white"> <div id="fb-root"></div> <script>(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//connect.facebook.net/en_US/all.js#xfbml=1&appId=183601415082146"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk'));</script> <table background="http://www.theodora.com/wfb2008/images/drugsbgr.gif" width="972" align="top"><tr><td colspan="2" width="972"> <font face="arial"> | <a href="http://www.theodora.com/wfb" target="_blank">COUNTRIES</a> | <a href="http://www.geographic.org/geographic_names" target="_blank">GEOGRAPHIC NAMES</a> | <a href="http://www.theodora.com/geology" target="_blank">GEOLOGY</a> | <a href="http://www.allcountries.org/uscensus/" target="_blank">USA STATS</a> | <a href="http://www.allcountries.org/china_statistics/" target="_blank">CHINA STATS</a> | <a href="http://www.geographic.org/countries/county_codes.html" target="_blank">COUNTRY CODES</a> | <a href="http://www.photius.com/wfb2001/airport_codes.html" target="_blank">AIRPORTS</a> | <a href="http://www.photius.com/religion" target="_blank">RELIGION</a> | <a href="http://www.occupationalinfo.org" target="_blank">JOBS</a> | </font></td></tr> </table> <table border="0" bgcolor="white" cellspacing="0" cellpadding="0" width="972" align="top" valign="top" hspace="0" vspace="0" units="pixels"> <tr><td colspan="2" width="972"><img src="http://www.theodora.com/wfb2008/images/line2.gif"></td></tr><tr height="90" align="left" valign="top"><td align="left" valign="top" width="244" nowrap><a href="http://www.theodora.com/wfb"><img border="0" src="http://www.theodora.com/images/countries_of_the_world_banner.gif"></a></td> <td align="left" valign="top" width="728" nowrap> <script type="text/javascript"><!-- google_ad_client = "ca-pub-7437757543052749"; /* WFB Leaderboard */ google_ad_slot = "7548094546"; google_ad_width = 728; google_ad_height = 90; //--> </script> <script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js"> </script> </td></tr> <tr height="3" align="left" valign="top" bgcolor="white" nowrap units="pixels"><td colspan="2" align="left" valign="top" height="3" width="972" nowrap bgcolor="white" nowrap> <img src="http://www.theodora.com/wfb2008/images/line1.gif"></td></tr> <tr><td colspan="2" align="middle" background="http://www.theodora.com/wfb2008/images/light_blue.gif" width="972"> <font size="-2"> <br></font> <font face="arial" size="5"><b>Georgia</b> Economy 2012</font> <br> <font size = "-2"> http://www.theodora.com/wfbcurrent/georgia/georgia_economy.html </font> <br> <font size="-2"><B>SOURCE: 2012 CIA WORLD FACTBOOK AND OTHER SOURCES</B></FONT></td></tr> <tr height="3" align="left" valign="top" bgcolor="white" nowrap units="pixels"> <td colspan="2" align="left" valign="top" height="3" width="972" nowrap bgcolor="white" nowrap> <img src="http://www.theodora.com/wfb2008/images/line13.gif"></td></tr></table> <table border="0" bgcolor="#FFCC99" cellspacing="0" cellpadding="0" width="972" align="left" valign="top" hspace="0" vspace="0" units="pixels"> <tr><td background="http://www.theodora.com/wfb2008/images/light_blue.gif" width="200" valign="top"> <font face="arial"> <br><br> <center> <script type="text/javascript"><!-- google_ad_client = "ca-pub-7437757543052749"; /* WFB Wide Skyscraper */ google_ad_slot = "0340963386"; google_ad_width = 160; google_ad_height = 600; //--> </script> <script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js"> </script> <br><br><br><br> <br> <a href="http://www.theodora.com/dot.html" target="_blank"><img border="0" src="http://www.theodora.com/wfb2008/images/dot_ad.gif" valign="top"></a> <hr> <br><br><br><br><br> <script type="text/javascript"><!-- google_ad_client = "ca-pub-7437757543052749"; /* WFB Link Unit */ google_ad_slot = "3506820389"; google_ad_width = 200; google_ad_height = 90; //--> </script> <script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js"> </script> <br><br><br><br> </center> </td> <td bgcolor="white" width="14"></td> <td bgcolor="white" width="558" valign="top"> <font face="arial"><br> <table><tr><td width="350"> <a href="http://www.geographic.org/geographic_names/georgia/" target="_blank"><b>GEOGRAPHICAL NAMES</b></a> </td><td width="300"> <a href="http://translate.google.com/translate?u=http://www.theodora.com/wfbcurrent/georgia/georgia_economy.html&sl=en&tl=es&ie=UTF-8&oe=UTF-8" target="_blank"><img border ="0" src="http://www.theodora.com/images/spanish_translate.gif" alt="Spanish"></a> <a href="http://translate.google.com/translate?u=http://www.theodora.com/wfbcurrent/georgia/georgia_economy.html&sl=en&tl=zh-CN&ie=UTF-8&oe=UTF-8" target="_blank"><img border ="0" src="http://www.theodora.com/images/chinese_translate.gif" alt="Simplified Chinese"></a> <a href="http://translate.google.com/translate?u=http://www.theodora.com/wfbcurrent/georgia/georgia_economy.html&sl=en&tl=fr&ie=UTF-8&oe=UTF-8" target="_blank"><img border ="0" src="http://www.theodora.com/images/french_translate.gif" alt="French"></a> <a href="http://translate.google.com/translate?u=http://www.theodora.com/wfbcurrent/georgia/georgia_economy.html&sl=en&tl=de&ie=UTF-8&oe=UTF-8" target="_blank"><img border ="0" src="http://www.theodora.com/images/german_translate.gif" alt="German"></a> <a href="http://translate.google.com/translate?u=http://www.theodora.com/wfbcurrent/georgia/georgia_economy.html&sl=en&tl=ru&ie=UTF-8&oe=UTF-8" target="_blank"><img border ="0" src="http://www.theodora.com/images/russian_translate.gif" alt="Russian"></a> <a href="http://translate.google.com/translate?u=http://www.theodora.com/wfbcurrent/georgia/georgia_economy.html&sl=en&tl=hi&ie=UTF-8&oe=UTF-8" target="_blank"><img border ="0" src="http://www.theodora.com/images/hindi_translate.gif" alt="Hindi"></a> <a href="http://translate.google.com/translate?u=http://www.theodora.com/wfbcurrent/georgia/georgia_economy.html&sl=en&tl=ar&ie=UTF-8&oe=UTF-8" target="_blank"><img border ="0" src="http://www.theodora.com/images/arabic_translate.gif" alt="Arabic"></a> <a href="http://translate.google.com/translate?u=http://www.theodora.com/wfbcurrent/georgia/georgia_economy.html&sl=en&tl=pt&ie=UTF-8&oe=UTF-8" target="_blank"><img border ="0" src="http://www.theodora.com/images/portuguese_translate.gif" alt="Portuguese"></a> </td></tr></table> <HR> <br> <script type="text/javascript"><!-- google_ad_client = "ca-pub-7437757543052749"; /* WFB Large Rectangle */ google_ad_slot = "8137512903"; google_ad_width = 336; google_ad_height = 280; //--> </script> <script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js"> </script> <br> Page last updated on February 23, <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#economy_overview">Economy - overview:</a></b><br> Georgia's main economic activities include the cultivation of agricultural products such as grapes, citrus fruits, and hazelnuts; mining of manganese and copper; and output of a small industrial sector producing alcoholic and nonalcoholic beverages, metals, machinery, aircraft and chemicals. The country imports nearly all its needed supplies of natural gas and oil products. It has sizeable hydropower capacity, a growing component of its energy supplies. Georgia has overcome the chronic energy shortages and gas supply interruptions of the past by renovating hydropower plants and by increasingly relying on natural gas imports from Azerbaijan instead of from Russia. The construction on the Baku-T'bilisi-Ceyhan oil pipeline, the Baku-T'bilisi-Erzerum gas pipeline, and the Kars-Akhalkalaki Railroad are part of a strategy to capitalize on Georgia's strategic location between Europe and Asia and develop its role as a transit point for gas, oil and other goods. Georgia's economy sustained GDP growth of more than 10% in 2006-07, based on strong inflows of foreign investment and robust government spending. However, GDP growth slowed following the August 2008 conflict with Russia, and turned negative in 2009 as foreign direct investment and workers' remittances declined in the wake of the global financial crisis. The economy rebounded in 2010-11, with growth rates above 5% per year, but FDI inflows, the engine of Georgian economic growth prior to the 2008 conflict, have not recovered fully. Unemployment has also remained high at 16%. Georgia has historically suffered from a chronic failure to collect tax revenues; however, the government, since coming to power in 2004, has simplified the tax code, improved tax administration, increased tax enforcement, and cracked down on petty corruption. However, the economic downturn of 2008-09 eroded the tax base and led to a decline in the budget surplus and an increase in public borrowing needs. The country is pinning its hopes for renewed growth on a determined effort to continue to liberalize the economy by reducing regulation, taxes, and corruption in order to attract foreign investment, but the economy faces a more difficult investment climate both domestically and internationally. <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#GDP">GDP</a> (purchasing power parity):</b><br> $24.28 billion (2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 119 <div class="category_data" style="padding-top: 3px;">$22.95 billion (2010 est.) <div class="category_data" style="padding-top: 3px;">$21.62 billion (2009 est.) <br><i> <em>note:</em></i> data are in 2011 US dollars <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_purchasing_power_parity_2012_0.html" target="_blank"><u>GDP country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#gdp_official_exchange_rate">GDP (official exchange rate):</a></b><br> $13.8 billion (2011 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_official_exchange_rate_2012_0.html" target="_blank"><u>GDP (official exchange rate) country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#gdp_real_growth_rate">GDP - real growth rate:</a></b><br> 5.5% (2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 60 <div class="category_data" style="padding-top: 3px;">6.4% (2010 est.) <div class="category_data" style="padding-top: 3px;">-3.8% (2009 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_real_growth_rate_2012_0.html" target="_blank"><u>GDP - real growth rate country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#gdp_per_capita">GDP - per capita:</a></b><br> $5,400 (2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 143 <div class="category_data" style="padding-top: 3px;">$5,200 (2010 est.) <div class="category_data" style="padding-top: 3px;">$4,900 (2009 est.) <br><i> <em>note:</em></i> data are in 2011 US dollars <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_per_capita_2012_0.html" target="_blank"><u>GDP - per capita country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#gdp_composition_by_sector">GDP - composition by sector:</a></b><br> <i>agriculture:</i> 10% <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_composition_by_sector_agriculture_2012_0.html" target="_blank"><u>GDP - composition by sector - agriculture country ranks</u></a> ] <br><i>industry:</i> 29.4% <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_composition_by_sector_industry_2012_0.html" target="_blank"><u>GDP - composition by sector - industry country ranks</u></a> ] <br><i>services:</i> 60.6% (2011 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_composition_by_sector_services_2012_0.html" target="_blank"><u>GDP - composition by sector - services country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#labor_force">Labor force:</a></b><br> 1.918 million (2007 est.) <br><span style="padding-left:7px;">country comparison to the world: 122 <br>[see also: <a href="http://www.photius.com/rankings/economy/labor_force_2012_0.html" target="_blank"><u>Labor force country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#labor_force_by_occupation">Labor force - by occupation:</a></b><br> <i>agriculture:</i> 55.6% <br>[see also: <a href="http://www.photius.com/rankings/economy/labor_force_by_occupation_agriculture_2012_0.html" target="_blank"><u>Labor force - by occupation - agriculture country ranks</u></a> ] <br><i>industry:</i> 8.9% <br>[see also: <a href="http://www.photius.com/rankings/economy/labor_force_by_occupation_industry_2012_0.html" target="_blank"><u>Labor force - by occupation - industry country ranks</u></a> ] <br><i>services:</i> 35.5% (2006 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/labor_force_by_occupation_services_2012_0.html" target="_blank"><u>Labor force - by occupation - services country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#unemployment_rate">Unemployment rate:</a></b><br> 16.4% (2009 est.) <br><span style="padding-left:7px;">country comparison to the world: 153 <div class="category_data" style="padding-top: 3px;">13.6% (2006 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/unemployment_rate_2012_0.html" target="_blank"><u>Unemployment rate country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#population_below_poverty_line">Population below poverty line:</a></b><br> 31% (2006) <br>[see also: <a href="http://www.photius.com/rankings/economy/population_below_poverty_line_2012_0.html" target="_blank"><u>Population below poverty line country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#household_income_or_consumption_by_percentage_share">Household income or consumption by percentage share:</a></b><br> <i>lowest 10%:</i> 2% <br>[see also: <a href="http://www.photius.com/rankings/economy/household_income_or_consumption_by_percentage_share_lowest_10pct_2012_0.html" target="_blank"><u>Household income or consumption by percentage share - lowest 10% country ranks</u></a> ] <br><i>highest 10%:</i> 31.3% (2008) <br>[see also: <a href="http://www.photius.com/rankings/economy/household_income_or_consumption_by_percentage_share_highest_10pct_2012_0.html" target="_blank"><u>Household income or consumption by percentage share - highest 10% country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#distribution_of_family_income_gini_index">Distribution of family income - Gini index:</a></b><br> 40.8 (2009) <br><span style="padding-left:7px;">country comparison to the world: 59 <div class="category_data" style="padding-top: 3px;">37.1 (1996) <br>[see also: <a href="http://www.photius.com/rankings/economy/distribution_of_family_income_gini_index_2012_0.html" target="_blank"><u>Distribution of family income - Gini index country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#investment_gross_fixed">Investment (gross fixed):</a></b><br> 16.3% of GDP (2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 156 <br>[see also: <a href="http://www.photius.com/rankings/economy/investment_2012_0.html" target="_blank"><u>Investment (gross fixed) country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#budget">Budget:</a></b><br> <i>revenues:</i> $3.88 billion <br>[see also: <a href="http://www.photius.com/rankings/economy/budget_revenues_2012_0.html" target="_blank"><u>Budget revenues country ranks</u></a> ] <br><i>expenditures:</i> $4.409 billion (2011 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/budget_expenditures_2012_0.html" target="_blank"><u>Budget expenditures country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#taxes_and_other_revenues">Taxes and other revenues:</a></b><br> 28.1% of GDP (2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 100 <br>[see also: <a href="http://www.photius.com/rankings/economy/taxes_and_other_revenues_2012_0.html" target="_blank"><u>Taxes and other revenues country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#budget_surplus_or_deficit">Budget surplus (+) or deficit (-):</a></b><br> -3.8% of GDP (2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 122 <br>[see also: <a href="http://www.photius.com/rankings/economy/budget_surplus_or_deficit_2012_0.html" target="_blank"><u>Budget surplus (+) or deficit (-) country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#inflation_rate_consumer_prices">Inflation rate (consumer prices):</a></b><br> 10.3% (2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 190 <div class="category_data" style="padding-top: 3px;">7.1% (2010 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/inflation_rate_2012_0.html" target="_blank"><u>Inflation rate (consumer prices) country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#central_bank_discount_rate">Central bank discount rate:</a></b><br> 8% (25 December 2008) <div class="category_data" style="padding-top: 3px;">NA% (31 December 2007) <br><i> <em>note:</em></i> this is the Refinancing Rate, the key monetary policy rate of the Georgian National Bank <br>[see also: <a href="http://www.photius.com/rankings/economy/central_bank_discount_rate_2012_0.html" target="_blank"><u>Central bank discount rate country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#commercial_bank_prime_lending_rate">Commercial bank prime lending rate:</a></b><br> 20.8% (31 December 2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 10 <div class="category_data" style="padding-top: 3px;">24.213% (31 December 2010 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/commercial_bank_prime_lending_rate_2012_0.html" target="_blank"><u>Commercial bank prime lending rate country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#stock_of_narrow_money">Stock of narrow money:</a></b><br> $1.344 billion (31 December 2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 139 <div class="category_data" style="padding-top: 3px;">$1.174 billion (31 December 2010 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/stock_of_narrow_money_2012_0.html" target="_blank"><u>Stock of narrow money country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#stock_of_broad_money">Stock of broad money:</a></b><br> $3.546 billion (31 December 2010 est.) <br><span style="padding-left:7px;">country comparison to the world: 136 <div class="category_data" style="padding-top: 3px;">$2.755 billion (31 December 2009 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/stock_of_broad_money_2012_0.html" target="_blank"><u>Stock of broad money country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#stock_of_domestic_credit">Stock of domestic credit:</a></b><br> $1.529 billion (31 December 2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 141 <div class="category_data" style="padding-top: 3px;">$3.96 billion (31 December 2010 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/stock_of_domestic_credit_2012_0.html" target="_blank"><u>Stock of domestic credit country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#market_value_of_publicly">Market value of publicly traded shares:</a></b><br> $1.06 billion (31 December 2010) <br><span style="padding-left:7px;">country comparison to the world: 106 <div class="category_data" style="padding-top: 3px;">$733.3 million (31 December 2009) <div class="category_data" style="padding-top: 3px;">$327.3 million (31 December 2008) <br>[see also: <a href="http://www.photius.com/rankings/economy/market_value_of_publicly_traded_shares_2012_0.html" target="_blank"><u>Market value of publicly traded shares country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#agriculture_products">Agriculture - products:</a></b><br> citrus, grapes, tea, hazelnuts, vegetables; livestock <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#industries">Industries:</a></b><br> steel, aircraft, machine tools, electrical appliances, mining (manganese and copper), chemicals, wood products, wine <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#industrial_production_growth_rate">Industrial production growth rate:</a></b><br> 4% (2010 est.) <br><span style="padding-left:7px;">country comparison to the world: 84 <br>[see also: <a href="http://www.photius.com/rankings/economy/industrial_production_growth_rate_2012_0.html" target="_blank"><u>Industrial production growth rate country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#electricity_production">Electricity - production:</a></b><br> 8.292 billion kWh (2008 est.) <br><span style="padding-left:7px;">country comparison to the world: 96 <br>[see also: <a href="http://www.photius.com/rankings/economy/electricity_production_2012_0.html" target="_blank"><u>Electricity - production country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#electricity_consumption">Electricity - consumption:</a></b><br> 7.08 billion kWh (2008 est.) <br><span style="padding-left:7px;">country comparison to the world: 100 <br>[see also: <a href="http://www.photius.com/rankings/economy/electricity_consumption_2012_0.html" target="_blank"><u>Electricity - consumption country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#electricity_exports">Electricity - exports:</a></b><br> 675 million kWh (2008 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/electricity_exports_2012_0.html" target="_blank"><u>Electricity - exports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#electricity_imports">Electricity - imports:</a></b><br> 117 million kWh (2008 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/electricity_imports_2012_0.html" target="_blank"><u>Electricity - imports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#oil_production">Oil - production:</a></b><br> 983.8 bbl/day (2010 est.) <br><span style="padding-left:7px;">country comparison to the world: 103 <br>[see also: <a href="http://www.photius.com/rankings/economy/oil_production_2012_0.html" target="_blank"><u>Oil - production country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#oil_consumption">Oil - consumption:</a></b><br> 13,000 bbl/day (2010 est.) <br><span style="padding-left:7px;">country comparison to the world: 146 <br>[see also: <a href="http://www.photius.com/rankings/economy/oil_consumption_2012_0.html" target="_blank"><u>Oil - consumption country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#oil_exports">Oil - exports:</a></b><br> 444.9 bbl/day (2009 est.) <br><span style="padding-left:7px;">country comparison to the world: 125 <br>[see also: <a href="http://www.photius.com/rankings/economy/oil_exports_2012_0.html" target="_blank"><u>Oil - exports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#oil_imports">Oil - imports:</a></b><br> 17,840 bbl/day (2009 est.) <br><span style="padding-left:7px;">country comparison to the world: 118 <br>[see also: <a href="http://www.photius.com/rankings/economy/oil_imports_2012_0.html" target="_blank"><u>Oil - imports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#natural_gas_production">Natural gas - production:</a></b><br> 10 million cu m (2009 est.) <br><span style="padding-left:7px;">country comparison to the world: 90 <br>[see also: <a href="http://www.photius.com/rankings/economy/natural_gas_production_2012_0.html" target="_blank"><u>Natural gas - production country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#natural_gas_consumption">Natural gas - consumption:</a></b><br> 1.71 billion cu m (2009 est.) <br><span style="padding-left:7px;">country comparison to the world: 81 <br>[see also: <a href="http://www.photius.com/rankings/economy/natural_gas_consumption_2012_0.html" target="_blank"><u>Natural gas - consumption country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#natural_gas_exports">Natural gas - exports:</a></b><br> 0 cu m (2009 est.) <br><span style="padding-left:7px;">country comparison to the world: 103 <br>[see also: <a href="http://www.photius.com/rankings/economy/natural_gas_exports_2012_0.html" target="_blank"><u>Natural gas - exports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#natural_gas_imports">Natural gas - imports:</a></b><br> 1.7 billion cu m (2009 est.) <br><span style="padding-left:7px;">country comparison to the world: 49 <br>[see also: <a href="http://www.photius.com/rankings/economy/natural_gas_imports_2012_0.html" target="_blank"><u>Natural gas - imports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#natural_gas_proved_reserves">Natural gas - proved reserves:</a></b><br> 8.495 billion cu m (1 January 2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 81 <br>[see also: <a href="http://www.photius.com/rankings/economy/natural_gas_proved_reserves_2012_0.html" target="_blank"><u>Natural gas - proved reserves country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#current_account_balance">Current account balance:</a></b><br> -$1.414 billion (2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 146 <div class="category_data" style="padding-top: 3px;">-$1.247 billion (2010 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/current_account_balance_2012_0.html" target="_blank"><u>Current account balance country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#exports">Exports:</a></b><br> $3.083 billion (2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 124 <div class="category_data" style="padding-top: 3px;">$2.46 billion (2010 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/exports_2012_0.html" target="_blank"><u>Exports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#exports_commodities">Exports - commodities:</a></b><br> scrap metal, wine, mineral water, ores, vehicles, fruits and nuts <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#exports_partners">Exports - partners:</a></b><br> Turkey 14.1%, Azerbaijan 11.2%, Bulgaria 10%, US 9.8%, UK 9%, Canada 6.7%, Ukraine 6.1% (2010) <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#imports">Imports:</a></b><br> $5.96 billion (2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 113 <div class="category_data" style="padding-top: 3px;">$5.027 billion (2010 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/imports_2012_0.html" target="_blank"><u>Imports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#imports_commodities">Imports - commodities:</a></b><br> fuels, vehicles, machinery and parts, grain and other foods, pharmaceuticals <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#imports_partners">Imports - partners:</a></b><br> Turkey 15%, Ukraine 9.2%, Azerbaijan 8.5%, Russia 6.5%, Germany 6.1%, US 5.9%, China 5.4% (2010) <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#reserves_of_foreign_exchange_and_gold">Reserves of foreign exchange and gold:</a></b><br> $3.183 billion (31 December 2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 101 <div class="category_data" style="padding-top: 3px;">$2.264 billion (31 December 2010 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/reserves_of_foreign_exchange_and_gold_2012_0.html" target="_blank"><u>Reserves of foreign exchange and gold country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#debt_external">Debt - external:</a></b><br> $10.5 billion (30 June 2011) <br><span style="padding-left:7px;">country comparison to the world: 93 <div class="category_data" style="padding-top: 3px;">$3.381 billion (31 December 2009) <br>[see also: <a href="http://www.photius.com/rankings/economy/debt_external_2012_0.html" target="_blank"><u>Debt - external country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#exchange_rates">Exchange rates:</a></b><br> laris (GEL) per US dollar - <div class="category_data" style="padding-top: 3px;">1.701 (2011 est.) <div class="category_data" style="padding-top: 3px;">1.7823 (2010 est.) <div class="category_data" style="padding-top: 3px;">1.6705 (2009) <div class="category_data" style="padding-top: 3px;">1.47 (2008) <div class="category_data" style="padding-top: 3px;">1.7 (2007) </font> <p> <p> <BR> <P> <font size = "-2"><B> NOTE: The information regarding Georgia on this page is re-published from the 2012 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Georgia Economy 2012 information contained here. All suggestions for corrections of any errors about Georgia Economy 2012 should be addressed to the CIA. </B></font> </P> <br> <hr> <a href="#" onClick="AddToFaves_hp()"><img src="http://www.theodora.com/images/bookmark_banner.gif" align="left" width="176" height="52" border="0"></a><font color=brown> - Please bookmark this page (add it to your favorites). <br> - If you wish to <b>link</b> to this page, you can do so by referring to the URL address below this line.</font> <hr> http://www.theodora.com/wfbcurrent/georgia/georgia_economy.html <br><br> This page was last modified 06-Mar-12 <br> Copyright &copy 1995-2012 <a href="http://www.theodora.com/ita.html">ITA</a> all rights reserved. <br> </td> <td width=200 valign="top" align="left" background="http://www.theodora.com/wfb2008/images/light_blue.gif"> <!-- SiteSearch Google --> <br> <form action="http://www.google.com/cse" id="cse-search-box"> <div> <input type="hidden" name="cx" value="partner-pub-7437757543052749:i8v5yg-obf2" /> <input type="hidden" name="ie" value="ISO-8859-1" /> <input type="text" name="q" size="26" /> <input type="submit" name="sa" value="Search" /> </div> </form> <script type="text/javascript" src="http://www.google.com/cse/brand?form=cse-search-box&lang=en"></script> <!-- End SiteSearch Google --> <font size="2" face="arial"> <b> <ul> <li><a href="http://www.theodora.com/wfb">|Main INDEX|</a> <li><a href="../index.html">2012 INDEX</a> <li><a href="http://www.photius.com/rankings/index.html">Country Ranks</a> <li><a href="http://www.theodora.com/wfb/wfb2000/definitions.html">DEFINITIONS</a> <br><br> <a href="index.html">Georgia Index 2012</a> <br><br> <a href="http://www.theodora.com/wfbcurrent/georgia/index.html">Georgia Main Index</a> <li><a href="georgia_introduction.html">Introduction</a> <li><a href="http://workmall.com/wfb2001/georgia/georgia_history_index.html">History</a> <li><a href="http://www.photius.com/countries/georgia/geography/index.html">Geography</a> <li><a href="http://www.photius.com/countries/georgia/climate/georgia_climate_climate.html">Climate</a> <li>&nbsp;&nbsp;<a href="http://www.theodora.com/maps">Maps</a><br> <li><a href="http://www.photius.com/countries/georgia/society/index.html">People</a><br> </b> &nbsp;&nbsp;<a href="http://www.photius.com/religion">Religion</a> <b><li><a href="http://www.photius.com/countries/georgia/government/index.html">Government</a><br></B> &nbsp;&nbsp;<a href="georgia_chiefs.html"> Gov. Leaders</a> <br>&nbsp;<a href="http://www.theodora.com/flags">Flags</a> <b><br> <li><a href="http://www.photius.com/countries/georgia/economy/index.html">Economy</a> <li><a href="georgia_communications.html">Communications</a> <li><a href="georgia_transportation.html">Transportation</a> <br></B> &nbsp;&nbsp;<a href="http://www.photius.com/wfb2001/airport_codes_alpha.html">Airport Codes</a> <b> <li><a href="http://www.photius.com/countries/georgia/national_security/index.html">Military</a> <li><a href="georgia_issues.html">Transnational Issues</a> <li><a href="http://www.theodora.com/wfb/photos/">Photos</a> </ul> <ul><A href="http://www.theodora.com/wwwads.html" target="_blank">Advertise Here</a></ul> <ul> . <A href="http://www.theodora.com/theodora_feedback.html">Feedback</a> <br><br> <div class="fb-like" data-send="false" data-layout="button_count" data-width="80" data-show-faces="false"></div> <br><br> <a href="https://twitter.com/share" class="twitter-share-button" data-count="none">Tweet</a> <script>!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");</script> <br><br> <g:plusone size="medium" annotation="none"></g:plusone> <br> </ul> </b> </font> </td></tr></table> </body> </html>