Imports$7.058 billion (2011 est.)
Exports$2.189 billion (2011 est.)
Inflation rate (consumer prices)8.5% (2011 est.)
Unemployment rate16.3% (2010 est.)
GDP - per capita (PPP)$5,600 (2011 est.)
National product real growth rate5.5% (2010 est.)
Internet users1.3 million (2009)
Telephones - mobile cellular3.193 million (2009)
Population growth rate-0.327% (2012 est.)
Population4,570,934 (July 2012 est.)
The region of present day Georgia contained the ancient kingdoms of Colchis and Kartli-Iberia.
The area came under Roman influence in the first centuries A.
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 in 2008 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, but rebounded in 2010.
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....
GDP growth picked up to 3.1% in Q2 while inflation fell below 2%, averting any need for further monetary tightening despite last year's widening of the fiscal deficit towards 4% of GDP. Although some slowdown ...
The Economist Intelligence Unit
Outlook for 2016-17 Political instability will be high in the run-up to the parliamentary election. The political environment will remain polarised. Administrative resources, violence, fraud and judicial ...