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Congo, The Democratic Republic of the
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Côte d'Ivoire, Republic of
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Djibouti
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Egypt
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Gabon
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Tanzania, United Republic of
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Togo
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Tunisia
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Uganda
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Zimbabwe
Georgia
Georgia (Georgian: საქართველო, translit.: sakartvelo, IPA: [sɑkʰɑrtʰvɛlɔ] (listen)), known until 1995 as the Republic of Georgia (Georgian: საქართველოს რესპუბლიკა, translit.: sakartvelos resp'ublik'a), is a country in the Caucasus region of Eurasia. Located at the crossroads of Western Asia and Eastern Europe, it is bounded to the west by the Black Sea, to the north by Russia, to the south by Turkey and Armenia, and to the southeast by Azerbaijan. The capital and largest city is Tbilisi. Georgia covers a territory of 69,700 square kilometres (26,911 sq mi), and its 2017 population is about 3.718 million. Georgia is a unitary parliamentary republic, with the government elected through a representative democracy.
During the classical era, several independent kingdoms became established in what is now Georgia, such as Colchis and Iberia. The Georgians officially adopted Christianity in the early 4th century. The Georgian Orthodox Church had enormous importance for the spiritual and political unification of early Georgian states. The unified Kingdom of Georgia reached its Golden Age during the reign of King David the Builder and Queen Tamar the Great in the 12th and early 13th centuries. Thereafter, the kingdo... [More]
usd/gel
2.978
Live Rate
0 (0%)
Change
30 November 2019
Time 00:29:04
0 (0.07%)
Change / 3 Month
0 (8.61%)
Change / 6 Month
0 (11.12%)
Annual Fluctuation
Georgia Currency Markets
Economic Indicators + Forecasts
Actual
Forecast
Indicator | Last | Time | Previous | Range | Frequency | Metric |
---|---|---|---|---|---|---|
Balance of Trade |
-531.50 | 19 Oct | -452 | -629 : -6.34 | Monthly | USD Million |
Business Confidence |
8.30 | 19 Sep | 27 | 3.6 : 40.4 | Quarterly | Index Points |
CPI Transportation |
103.60 | 19 Oct | 99.83 | 95.72 : 118 | Monthly | |
Capital Flows |
0 | 19 Jun | 388 | 1.5 : 882 | Quarterly | USD Million |
Changes in Inventories |
327.20 | 19 Jun | 312 | -262 : 512 | Quarterly | GEL Million |
Competitiveness Index |
0 | 19 Dec | 60.88 | 3.75 : 60.88 | Yearly | Points |
Competitiveness Rank |
0 | 19 Dec | 66 | 66 : 93 | Yearly | |
Consumer Confidence |
-19.30 | 19 Sep | -18 | -40.4 : -1.4 | Monthly | Index Points |
Consumer Price Index Cpi |
136.20 | 19 Oct | 135 | 51.8 : 136 | Monthly | Index Points |
Consumer Spending |
6340.20 | 19 Jun | 6237 | 970 : 7187 | Quarterly | GEL Million |
Core Inflation Rate |
0 | 19 Oct | 4.6 | -0.8 : 8.2 | Monthly | % |
Corporate Tax Rate |
15.00 | 18 Dec | 15 | 15 : 20 | Yearly | % |
Corruption Index |
0 | 18 Dec | 56 | 18 : 58 | Yearly | Points |
Corruption Rank |
0 | 18 Dec | 46 | 41 : 133 | Yearly | |
Cpi Housing Utilities |
102.13 | 19 Oct | 101 | 95.68 : 115 | Monthly | |
Credit Rating |
0 | 19 Nov | : | Monthly | ||
Crude Oil Production |
0 | 19 Jul | 0.4 | 0.4 : 2.8 | Monthly | BBL/D/1K |
Currency |
2.96 | 19 Nov | 2.96 | 1.4 : 2.97 | Daily | |
Current Account |
-139.60 | 19 Jun | -232 | -926 : 6 | Quarterly | USD Million |
Current Account to GDP |
-7.70 | 18 Dec | -8.8 | -22.07 : -5.27 | Yearly | % |
Deposit Interest Rate |
8.60 | 19 Oct | 8.43 | 3 : 20.26 | Monthly | % |
Ease of Doing Business |
0 | 19 Dec | 6 | 6 : 24 | Yearly | |
Employed Persons |
0 | 19 Jun | 664 | 311 : 688 | Quarterly | Thousand |
Export Prices |
0 | 19 Sep | 102 | 95.5 : 112 | Monthly | Index Points |
Exports |
316.50 | 19 Oct | 303 | 7.09 : 334 | Monthly | USD Million |
External Debt |
18183.57 | 19 Jun | 17799 | 2835 : 18184 | Quarterly | USD Million |
Fiscal Expenditure |
0 | 19 Oct | 749 | 132 : 1377 | Monthly | GEL Million |
Food Inflation |
13.50 | 19 Oct | 11.7 | -10.93 : 30.7 | Monthly | % |
Foreign Direct Investment |
187.00 | 19 Jun | 286 | 79.6 : 740 | Quarterly | USD Million |
Foreign Exchange Reserves |
0 | 18 Dec | 1864814 | 297495 : 3219449 | Monthly | GEL Thousands |
GDP |
16.21 | 18 Dec | 15.08 | 2.51 : 16.51 | Yearly | USD Billion |
GDP Annual Growth Rate |
4.50 | 19 Jun | 4.9 | -8.7 : 13.9 | Quarterly | % |
GDP Constant Prices |
7564.50 | 19 Jun | 6620 | 2766 : 28433 | Quarterly | GEL Million |
GDP Deflator |
0 | 19 Jun | 102 | 96.9 : 114 | Quarterly | Index Points |
GDP From Agriculture |
463.70 | 19 Jun | 335 | 317 : 549 | Quarterly | GEL Million |
GDP From Construction |
423.40 | 19 Jun | 324 | 48.6 : 595 | Quarterly | GEL Million |
GDP From Manufacturing |
595.90 | 19 Jun | 620 | 160 : 753 | Quarterly | GEL Million |
GDP From Mining |
68.10 | 19 Jun | 64.2 | 17.3 : 80.5 | Quarterly | GEL Million |
GDP From Public Administration |
857.90 | 19 Jun | 530 | 212 : 858 | Quarterly | GEL Million |
GDP From Services |
448.10 | 19 Jun | 363 | 78.2 : 546 | Quarterly | GEL Million |
GDP From Transport |
592.20 | 19 Jun | 504 | 191 : 592 | Quarterly | GEL Million |
GDP From Utilities |
166.50 | 19 Jun | 192 | 64.3 : 207 | Quarterly | GEL Million |
GDP Per Capita Ppp |
10151.70 | 18 Dec | 9702 | 2183 : 10152 | Yearly | USD |
GDP per capita |
4469.20 | 18 Dec | 4271 | 961 : 4663 | Yearly | USD |
Government Budget |
-2.30 | 18 Dec | -3.2 | -6.7 : 4.5 | Yearly | % |
Government Budget Value |
0 | 19 Sep | 119 | -319 : 387 | Monthly | GEL Million |
Government Debt to GDP |
43.00 | 18 Dec | 44.2 | 21.55 : 44.4 | Yearly | % |
Government Revenues |
0 | 19 Oct | 925 | 148 : 1096 | Monthly | GEL Million |
Government Spending |
1737.20 | 19 Jun | 1722 | 41.1 : 2018 | Quarterly | GEL Million |
Gross Fixed Capital Formation |
3212.70 | 19 Jun | 2382 | 152 : 3520 | Quarterly | GEL Million |
Gross National Product |
9458.20 | 19 Mar | 11078 | 1815 : 11078 | Quarterly | GEL Million |
IP Addresses |
0 | 17 Mar | 489558 | 40728 : 527752 | Quarterly | IP |
Import Prices |
0 | 19 Sep | 101 | 94.8 : 106 | Monthly | Index Points |
Imports |
848.00 | 19 Oct | 755 | 14.82 : 866 | Monthly | USD Million |
Industrial Production |
2.90 | 19 Jun | 5.4 | -5 : 35.1 | Quarterly | % |
Inflation Rate |
6.90 | 19 Oct | 6.4 | -3.3 : 59.31 | Monthly | % |
Inflation Rate Mom |
0.80 | 19 Oct | 1.7 | -4.04 : 3.53 | Monthly | % |
Interest Rate |
8.50 | 19 Oct | 7.5 | 3.75 : 12 | Daily | % |
Internet Speed |
0 | 17 Mar | 8243 | 535 : 8774 | Quarterly | KBps |
Labor Force Participation Rate |
63.90 | 18 Dec | 65.8 | 60.31 : 66.8 | Yearly | % |
Leading Economic Index |
5.70 | 19 Oct | 5.2 | -0.8 : 8.4 | Monthly | % |
Manufacturing Production |
-3.70 | 19 Jun | -0.3 | -4.3 : 41.3 | Quarterly | % |
Military Expenditure |
0 | 18 Dec | 308 | 33.7 : 927 | Yearly | |
Mining Production |
-6.60 | 19 Jun | -3.3 | -66.39 : 120 | Quarterly | % |
Money Supply M0 |
0 | 19 Oct | 3332273 | 84708 : 3332273 | Monthly | GEL Thousands |
Money Supply M1 |
0 | 19 Oct | 7926829 | 107279 : 7926829 | Monthly | GEL Thousands |
Money Supply M2 |
0 | 19 Oct | 11419133 | 112337 : 11419133 | Monthly | GEL Thousands |
Money Supply M3 |
0 | 19 Oct | 24056910 | 131419 : 24372606 | Monthly | GEL Thousands |
Personal Income Tax Rate |
20.00 | 18 Dec | 20 | 12 : 25 | Yearly | % |
Population |
3.73 | 18 Dec | 3.73 | 3.65 : 4.91 | Yearly | Million |
Producer Prices |
161.90 | 19 Oct | 162 | 54.73 : 162 | Monthly | Index Points |
Producer Prices Change |
9.20 | 19 Oct | 11.2 | -9.76 : 19 | Monthly | % |
Remittances |
0 | 18 Dec | 411157 | 33643 : 421156 | Quarterly | USD Thousands |
Retail Sales YoY |
12.20 | 19 Jun | 9.6 | -21.9 : 82.5 | Quarterly | % |
Retirement Age Men |
65.00 | 18 Dec | 65 | 65 : 65 | Yearly | |
Retirement Age Women |
60.00 | 18 Dec | 60 | 60 : 60 | Yearly | |
Sales Tax Rate |
18.00 | 19 Dec | 18 | 18 : 18 | Yearly | % |
Terrorism Index |
0 | 18 Dec | 1.42 | 1.26 : 4.83 | Yearly | |
Unemployed Persons |
245.70 | 18 Dec | 276 | 212 : 361 | Yearly | Thousand |
Unemployment Rate |
12.70 | 18 Dec | 13.9 | 10.3 : 18.3 | Yearly | % |
Wages |
1179.78 | 19 Jun | 1093 | 321 : 1202 | Quarterly | GEL/Month |
Wages in Manufacturing |
999.10 | 18 Dec | 960 | 316 : 1000 | Quarterly | GEL |
Youth Unemployment Rate |
26.60 | 18 Dec | 27.1 | 26.6 : 39.87 | Yearly | % |
Indicator | Actual | Q2/19 | Q3/19 | Q4/19 | Q1/20 | 2020 | Metric |
---|---|---|---|---|---|---|---|
Balance of Trade | -531.50 | -496 | -496 | -496 | -496 | -485 | USD Million |
Business Confidence | 8.30 | 29 | 29 | 29 | 29 | 32 | Index Points |
CPI Transportation | 103.60 | 103 | 104 | 103 | 106 | 109 | |
Changes in Inventories | 327.20 | 237 | 237 | 237 | 237 | 414 | GEL Million |
Consumer Confidence | -19.30 | -19.1 | -19.1 | -19.1 | -19.1 | -18.5 | Index Points |
Consumer Price Index Cpi | 136.20 | 138 | 137 | 140 | 137 | 142 | Index Points |
Consumer Spending | 6340.20 | 7489 | 6499 | 6524 | 7510 | 7841 | GEL Million |
Corporate Tax Rate | 15.00 | 15 | 15 | 15 | 15 | 15 | % |
Cpi Housing Utilities | 102.13 | 104 | 104 | 105 | 107 | 110 | |
Currency | 2.96 | 2.98 | 2.99 | 3.01 | 2.96 | 3.04 | |
Current Account | -139.60 | -409 | -409 | -409 | -409 | -560 | USD Million |
Current Account to GDP | -7.70 | -7.9 | -7.9 | -7.9 | -8 | -7.9 | % |
Deposit Interest Rate | 8.60 | 8.03 | 7.78 | 7.53 | 8.28 | 7.28 | % |
Exports | 316.50 | 332 | 336 | 336 | 340 | 349 | USD Million |
External Debt | 18183.57 | 18790 | 18620 | 18496 | 18790 | 20500 | USD Million |
Food Inflation | 13.50 | 1.8 | 1.8 | 1.8 | 1.8 | 2.5 | % |
Foreign Direct Investment | 187.00 | 375 | 375 | 375 | 375 | 376 | USD Million |
GDP | 16.21 | 21 | 21 | 21 | 20 | 21 | USD Billion |
GDP Annual Growth Rate | 4.50 | 4.2 | 4.6 | 4.8 | 4.9 | 4.8 | % |
GDP Constant Prices | 7564.50 | 8868 | 6898 | 6924 | 8893 | 9285 | GEL Million |
GDP From Agriculture | 463.70 | 517 | 349 | 351 | 519 | 541 | GEL Million |
GDP From Construction | 423.40 | 558 | 338 | 339 | 559 | 584 | GEL Million |
GDP From Manufacturing | 595.90 | 784 | 646 | 649 | 787 | 821 | GEL Million |
GDP From Mining | 68.10 | 80.03 | 66.9 | 67.15 | 80.26 | 83.79 | GEL Million |
GDP From Public Administration | 857.90 | 884 | 552 | 554 | 886 | 925 | GEL Million |
GDP From Services | 448.10 | 568 | 378 | 380 | 570 | 595 | GEL Million |
GDP From Transport | 592.20 | 597 | 525 | 527 | 599 | 625 | GEL Million |
GDP From Utilities | 166.50 | 198 | 200 | 201 | 199 | 207 | GEL Million |
GDP Per Capita Ppp | 10151.70 | 10127 | 10127 | 10127 | 10045 | 10127 | USD |
GDP per capita | 4469.20 | 4678 | 4678 | 4678 | 4554 | 4678 | USD |
Government Budget | -2.30 | -3.2 | -3.2 | -3.2 | -3 | -3.2 | % |
Government Debt to GDP | 43.00 | 43.3 | 43.3 | 43.3 | 44 | 43.3 | % |
Government Spending | 1737.20 | 2103 | 1795 | 1802 | 2109 | 2202 | GEL Million |
Gross Fixed Capital Formation | 3212.70 | 3431 | 2482 | 2492 | 3441 | 3592 | GEL Million |
Gross National Product | 9458.20 | 10391 | 9855 | 9893 | 10421 | 10880 | GEL Million |
Imports | 848.00 | 752 | 797 | 797 | 834 | 845 | USD Million |
Industrial Production | 2.90 | 6 | 6 | 6 | 6.5 | 4.5 | % |
Inflation Rate | 6.90 | 4 | 3.5 | 3.3 | 6.5 | 3.1 | % |
Inflation Rate Mom | 0.80 | 0.3 | 0.3 | 0.3 | 0.3 | 0.5 | % |
Interest Rate | 8.50 | 8.75 | 8.5 | 8.25 | 9 | 8 | % |
Labor Force Participation Rate | 63.90 | 65.9 | 65.9 | 65.9 | 66.8 | 65.9 | % |
Leading Economic Index | 5.70 | 4.1 | 4.1 | 4.2 | 5.9 | 4.2 | % |
Manufacturing Production | -3.70 | 11.2 | 11.2 | 11.2 | 11.2 | 13.4 | % |
Mining Production | -6.60 | 19.4 | 19.4 | 19.4 | 19.4 | 22 | % |
Personal Income Tax Rate | 20.00 | 20 | 20 | 20 | 20 | 20 | % |
Population | 3.73 | 3.27 | 3.27 | 3.27 | 3.96 | 3.27 | Million |
Producer Prices | 161.90 | 162 | 162 | 172 | 162 | 170 | Index Points |
Producer Prices Change | 9.20 | 6.6 | 5.8 | 5.8 | 7.6 | 5.2 | % |
Retail Sales YoY | 12.20 | 4.2 | 3.6 | 3.6 | 10 | 3.4 | % |
Retirement Age Men | 65.00 | 65 | 65 | 65 | 65 | 65 | |
Retirement Age Women | 60.00 | 60 | 60 | 60 | 60 | 60 | |
Sales Tax Rate | 18.00 | 18 | 18 | 18 | 18 | 18 | % |
Unemployed Persons | 245.70 | 262 | 262 | 262 | 265 | 262 | Thousand |
Unemployment Rate | 12.70 | 12.5 | 12.5 | 12.5 | 13 | 12.5 | % |
Wages | 1179.78 | 1330 | 1330 | 1330 | 1330 | 1400 | GEL/Month |
Wages in Manufacturing | 999.10 | 1100 | 1100 | 1100 | 1100 | 1200 | GEL |
Youth Unemployment Rate | 26.60 | 25 | 25 | 25 | 26 | 25 | % |