In 2011 the GDP growth rate amounted to 7% . GDP in current prices amounted 24229.0 million GEL (14370.0 million USD) and GDP per capita equaled to GEL 5421.0 (3215.0 USD).
In 2011the inflation rate amounted 2.0 %.
In 2011 the Foreign Direct Investments (FDI) in Georgia amounted to 981.0 million USD (preliminary data).
In 2011 the foreign trade turnover in Georgia amounted 9247.0 mln.USD (36% increase in same period of the last year), where the export was 2189.0 mln.USD (36% increase in comparison same period of the last year) and import 7058.0 mln.USD (34% increase in comparison same period of the last year). In 2011 the negative trade balance of Georgia amounted 4869.0 mln.USD (32% increase in comparison same period of the last year). The ratio of import coverage by export was 31.0%
Table 1. Main Economic Indicators
(2006 - 2011)
|
|
2006 |
2007 |
2008
|
2009 |
2010 |
2011 |
|
Real GDP Growth (%) |
9.4 |
12.3 |
2.3 |
-3.8
|
6.3 |
7 |
|
foreign trade turnover (mln. USD) |
4 611.2 |
6 444.3 |
7 796.9
|
5 633.9 |
6 731.4
|
9247.0 |
|
Export (mln. USD) |
936.4 |
1 232.1 |
1 495.3 |
1133.6 |
1575.1
|
2189.0 |
|
Import (mln. USD) |
3 674.8 |
5 212.2 |
6 301.5
|
4 500.2 |
5 156.3 |
7058 |
|
Exports (growth,%) |
14 |
32.5 |
21.5 |
24.1 (reduce) |
40,0
|
39 |
|
Imports (growth,%) |
47.8 |
41.8 |
16.2 |
30.6 (reduce) |
17,0
|
34 |
|
Inflation Rate (%)
|
8.8 |
11.0 |
5.5 |
3.0 |
11.2 |
2 |
|
Foreign Direct Investments (mln. USD) |
1 190.4 |
2 014.8 |
1 564 |
658.4 |
814.5 |
981 |
|
GDP (mln USD) |
7 762 |
10 172 |
12 800 |
10 767 |
11 636.0 |
14370.0 |
|
GDP per capita (USD) |
1 764 |
2 315 |
2 921 |
2 455
|
2 623.0 |
3215 |
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