GDP: purchasing power parity - $11.7 billion (1999 est.)
GDP - real growth rate: 3.5% (1999 est.)
GDP - per capita: purchasing power parity - $2,300 (1999 est.)
GDP - composition by sector:
agriculture:
32%
industry:
23%
services:
45% (1999 est.)
Population below poverty line: 60% (1999 est.)
Household income or consumption by percentage share:
lowest 10%:
NA%
highest 10%:
NA%
Inflation rate (consumer prices): 19% (1999 est.)
Labor force: 3.08 million (1997)
Labor force - by occupation: industry and construction 20%, agriculture and forestry 40%, services 40% (1999 est.)
Unemployment rate: 14.5% (1998 est.)
Budget:
revenues:
$364 million
expenditures:
$568 million, including capital expenditures of $NA (1998)
Industries: steel, aircraft, machine tools, electric locomotives, trucks, tractors, textiles, shoes, chemicals, wood products, wine
Industrial production growth rate: -0.3% (1998 est.)
Electricity - production: 6.96 billion kWh (1998)
Electricity - production by source:
fossil fuel:
14.66%
hydro:
85.34%
nuclear:
0%
other:
0% (1998)
Electricity - consumption: 6.123 billion kWh (1998)
Electricity - exports: 700 million kWh (1998)
Electricity - imports: 350 million kWh (1998)
Agriculture - products: citrus, grapes, tea, vegetables, potatoes; livestock
Exports: $330 million (1999 est.)
Exports - commodities: citrus fruits, tea, wine, other agricultural products; diverse types of machinery and metals; chemicals; fuel reexports; textiles
Exports - partners: Russia 27%, Turkey 20%, Azerbaijan 10%, Armenia 8% (1997)
Imports: $840 million (1999 est.)
Imports - commodities: fuel, grain and other foods, machinery and parts, transport equipment
Imports - partners: EU 22%, Russia 15%, Turkey 12%, Azerbaijan 12%, US 7% (1997)
Debt - external: $1.8 billion (1998)
Economic aid - recipient: $212.7 million (1995)
Currency: 1 lari (GEL) = 100 tetri
Exchange rates: lari per US$1 (end of period) - 1.9503 (December 1999), 2.0245 (1999), 1.3898 (1998), 1.2975 (1997), 1.2628 (1996), 1.24 (December 1995)
Fiscal year: calendar year