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Georgia

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 to 2% in 2008 following the August 2008 conflict with Russia, and the economy contracted by nearly 5% in 2009 as foreign direct investment and workers' remittances declined in the wake of the global financial crisis. 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 nona...  More..

Economy of Georgia
SOURCE: CIA - The World Factbook
Currency Georgian Lari
Fiscal Year 01 January - 31 December
GDP (PPP) $20.29 billion (2009 est.)
GDP (per capita) $4,400 (2009 est.)
Exports $1.14 billion (2009 est.)
Imports $4.477 billion (2009 est.)
Main Industries Steel, Aircraft, Machine Tools, Electrical Appliances, Mining (Manganese and Copper), Chemicals, Wood Products, Wine
Exports - Commodities Scrap Metal, Wine, Mineral Water, Ores, Vehicles, Fruits and Nuts
Imports - Commodities Fuels, Vehicles, Machinery and Parts, Grain and Other Foods, Pharmaceuticals
Exports Partners Turkey 17.6%, Azerbaijan 13.7%, Ukraine 9%, Canada 8.8%, Armenia 8.2%, Bulgaria 7.2%, US 6.8% (2008)
Imports Partners Turkey 14.9%, Ukraine 10.4%, Azerbaijan 9.6%, Germany 7.9%, Russia 6.8%, US 5.7%, China 4.7%, UAE 4.4% (2008)

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