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27.05.2010
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Macroeconomic Overview:

ამოსაბეჭდი ვერსია

 

In 2008 the GDP growth rate was 2,3 per cent  (preliminary data). GDP in market prices amounted to 19 070 mln GEL or 12 797 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 the 2009 the GDP's rate (preliminary data) amounted -3,9%. GDP in market prices amounted to 17,9 billion GEL (10,7 billion USD) and GDP per capita equaled to GEL 2921 (2450 USD).

In 2009 the inflation rate was 3.0%. (In 2008 the inflation rate in Georgia was 5.5%; in the 2007 inflation rate was 11.0; in 2006 the inflation rate was 8.8% and in the 2005 inflation rate was 6.2%)

The FDI's in 2009 (preliminary data) amounted 759.1mln.USD.  

In the 2009 the foreign trade turnover amounted to 5513.3 ml USD (29.3% reduce in comparison with the last year), where the export was 1135.0 ml. USD (24.1% reduce) and import - 4378.3 ml. USD (30.6% increase). The negative trade balance of Georgia was equal to 3243.4 ml. USD. (30.6% reduce) The ratio of import coverage by export was 25.9 per cent (see annex).

In the 2010, first quarter, the GDP growth rate (preliminary data) amounted 4,5%. GDP in market prices amounted to 4,2 billion GEL (2,5 billion USD) and GDP per capita equaled to GEL 959 (557 USD).

The FDI's in 2010, first quarter, (preliminary data) amounted 75.7 mln.USD.  

In the 2010 (January-March) the foreign trade turnover amounted to 1359.0 ml USD (15.0% increase in comparison same period of the last year), where the export was 339.0 ml. USD (55.0% increase in comparison same period of the last year ) and import - 1020.0 ml. USD (6.0% increase in comparison same period of the last year). The negative trade balance of Georgia was equal to 681.1 ml. USD. (9.0% reduce in comparison same period of the last year) The ratio of import coverage by export was 33.2 per cent (see annex).

  

 Table 1. Main Economic Indicators

 (2006 - 2010 January-March)

 

 

2006

2007

 

2008

 

 

2009

 

 

2010 (January-March)

Real GDP Growth (%)

9.4

12.4

2.3

 

-3,9

 

 

4.5

 

foreign trade turnover(mln. USD)

4670.4

6456.9

7555.8

 

5513.3

 

1359.0

Export (mln. USD)

992.6

1240.2

1497.7

 1135.0

339.0

Import (mln. USD)

3677.8

5216.7

6058.1

4378.3

 1020.0

Exports (growth,%)

14

32.5

21.5

24.1(reduce)

55.0

Imports (growth,%)

47.8

41.8

16.2

30.6(reduce)

 
6.0

Inflation Rate (%)

8.8

11.0

5.5

3.0

             __

Foreign Direct Investments (mln. USD)

1 190

2 014.8

1 564

759.1

 75.7

GDP (mln USD)

7 849

10 175

12 797

10 744

2 470

GDP per capita (USD)

1 779

2 315

2 920

 2 450

 557.0

 

Attached documents:
Annex

Minister of Foreign Affairs
July 2010
SuMoTuWeThFrSa
 3
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18202224
25283031

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