Factbook

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Factbook
Topic Started: Oct 5 2008, 03:43 PM (68 Views)
Georgia	Oct 5 2008, 03:43 PM Post #1
Fear me Posts: 360 Group: Members Member #9 Joined: Oct 2, 2008 Currency Georgian Lari ( 0.51 euros = 1 Lari) Capital Tblisi Population 4,630,841 GDP (Nominal) $10.293 billion Nominal Per Capita $2,355	საქართველო [Sak'art'velo] Georgia ________ ძალა ერთობაშია [Dzala ertobashia] Strength is in Unity Area: 69,700 sq km Capitol: T'blisi [თბილისი] GovernmentPresidential Democratic Republic President: Mikheil Saakashvili [მიხეილ სააკაშვილი] Prime Minister:Vladimer "Lado" Gurgenidze [ვლადიმერ (ლადო) გურგენიძე] Leading Party: United National Movement [ერთიანი ნაციონალური მოძრაობა] Organizations Environment - international agreements: Air Pollution, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands Political pressure groups and leaders: Georgian independent deputies from Abkhaz government in exile; separatists in the breakaway regions of Abkhazia and South Ossetia International organization participation: Member: Asian Development Bank Black Sea Economic Cooperation Council of Europe Commonwealth of Independent States, Euro-Atlantic Partnership Council, European Bank for Reconstruction and Development Food and Agriculture Organization General Confederation of Trade Unions GUAM International Atomic Energy Agency International Bank for Reconstruction and Development International Civil Aviation Organization International Criminal Court International Red Cross and Red Crescent Movement International Development Association International Fund for Agricultural Development International Finance Corporation International Federation of Red Cross and Red Crescent Societies International Labour Organization International Monetary Fund International Maritime Organization Interpol International Olympic Committee International Organization for Migration Universal Postal Union ITSO(?) International Telecommunication Union International Trade Union Confederation Multilateral Investment Guarantee Agency Organization for the Prohibition of Chemical Weapons Organization for Security and Co-operation in Europe Partnership for Peace United Nations United Nations Conference on Trade and Development United Nations Educational, Scientific and Cultural Organization United Nations Industrial Development Organization United Nations World Tourism Organization World Customs Organization World Health Organization World Intellectual Property Organization World Meteorological Organization World Trade Organization Observer: 'Agence de Coopération Culturelle et Technique' Organization of American States International Organization of the Francophonie Southeast European Cooperative Initiative Correspondent: International Organization for Standardization _____ Economy GDP (PPP): 20.499 billion GDP (Nominal) 10.293 billion $10.29 billion Georgia's economy has sustained robust GDP growth of close to 10% in 2006 and 12% in 2007. However, a widening trade deficit and higher inflation are emerging risks to the economy. Areas of recent improvement include increasing foreign direct investment as well as growth in the construction, banking services and mining sectors. The country imports nearly all its needed supplies of natural gas and oil products. It has sizeable hydropower capacity, a growing component of its energy supplies. Despite the severe damage the economy suffered due to civil strife in the 1990s, Georgia, with the help of the IMF and World Bank, has made substantial economic gains since 2000, achieving positive GDP growth and curtailing inflation. Georgia's GDP growth neared 10% in 2006 and 2007 despite restrictions on commerce with Russia. Areas of recent improvement include increased foreign direct investment as well as growth in the construction, banking services, and mining sectors. In addition, the reinvigorated privatization process has met with success. However, a widening trade deficit and higher inflation are emerging risks to the economy. Georgia has overcome the chronic energy shortages of the past by renovating hydropower plants and by bringing newly available natural gas supplies from Azerbaijan. It also has an increased ability to pay for more expensive gas imports from Russia. The country is pinning its hopes for long-term growth on a determined effort to reduce regulation, taxes and corruption in order to attract foreign investment. GDP (official exchange rate):$10.29 billion (2007 est.) GDP - real growth rate:12% (2007 est.) GDP - per capita (PPP):$4,400 (2007 est.) GDP - composition by sector: -agriculture: 13% -industry: 28.7% -services: 58.3% (2007 est.) Labor force:2.02 million (2007 est.) Labor force - by occupation: -agriculture: 55.6% -industry: 8.9% -services: 35.5% (2006 est.) Unemployment rate:13.6% (2006 est.) Population below poverty line:31% (2006) Household income or consumption by percentage share: -lowest 10%: 2.4% -highest 10%: 27% (2005) Distribution of family income - Gini index:40.4 (2003) Inflation rate (consumer prices):9.3% (2007 est.) Investment (gross fixed):29.4% of GDP (2007 est.) Budget: -Revenues: $3.68 billion -Expenditures: $3.08 billion (2007 est.) Agriculture - products: citrus, grapes, tea, hazelnuts, vegetables; livestock Industries: steel, aircraft, machine tools, electrical appliances, mining (manganese and copper), chemicals, wood products, wine Industrial production growth rate: 13.4% (2007 est.) Electricity - production: 8.338 billion kWh (2007) Electricity - consumption:8.146 billion kWh (2007) Electricity - exports:625 million kWh (2007) Electricity - imports: 433 million kWh (2007) Oil - production: 1,979 bbl/day (2005 est.) Oil - consumption: 13,400 bbl/day (2005 est.) Oil - exports: 2,400 bbl/day (2004) Oil - imports: 13,530 bbl/day (2004) Oil - proved reserves: 35 million bbl (1 January 2006 est.) Natural gas - production:14.39 million cu m (2005 est.) Natural gas - consumption:1.8 billion cu m (2007 est.) Natural gas - exports: 0 cu m (2005) Natural gas - imports:1.264 billion cu m (2005) Natural gas - proved reserves:8.147 billion cu m (1 January 2006 est.) Current account balance:-$2.044 billion (2007 est.) Exports:$2.104 billion (2007 est.) Exports - commodities: scrap metal, wine, mineral water, ores, vehicles, fruits and nuts Exports - partners: Turkey 12.8%, US 11.1%, Azerbaijan 8.1%, UK 5.3%, Bulgaria 5%, Ukraine 4.9%, Russia 4.8%, Armenia 4.7%, Turkmenistan 4.5% (2007) Imports:$4.977 billion (2007 est.) Imports - commodities:fuels, vehicles, machinery and parts, grain and other foods, pharmaceuticals Imports - partners: Turkey 14%, Russia 13%, Ukraine 8.5%, Azerbaijan 7.4%, Germany 6.8%, US 5%, Bulgaria 4.6% (2007) Economic aid - recipient:ODA, $309.8 million (2005 est.) Reserves of foreign exchange and gold: $1.361 billion (31 December 2007 est.) Debt - external: $4.5 billion (2007) Market value of publicly traded shares: $1.39 billion (2007) Currency (code): lari (GEL) Edited by Georgia, Oct 7 2008, 02:25 AM.



Georgia	Oct 7 2008, 02:14 AM Post #2
Fear me Posts: 360 Group: Members Member #9 Joined: Oct 2, 2008 Currency Georgian Lari ( 0.51 euros = 1 Lari) Capital Tblisi Population 4,630,841 GDP (Nominal) $10.293 billion Nominal Per Capita $2,355	Added to economy.



Georgia	Oct 8 2008, 11:01 PM Post #3
Fear me Posts: 360 Group: Members Member #9 Joined: Oct 2, 2008 Currency Georgian Lari ( 0.51 euros = 1 Lari) Capital Tblisi Population 4,630,841 GDP (Nominal) $10.293 billion Nominal Per Capita $2,355	Head of the Cabinet of Georgia Vladimer "Lado" Gurgenidze (And Prime Minister) Minister of State for Euro-Atlantic Integration Giorgi Baramidze (and Vice Prime Minister) Minister of State for the Diasporas Iulon Gagoshidze Minister of State for Internally displaced persons and Accommodation Koba Subeliani Minister of State for Reintegration Issues Temur Iakobashvili Minister of State for Regional Issues David Tkeshelashvili Minister of Foreign Affairs Ekaterine Tkeshelashvili Minister of Internal Affairs Ivane Merabishvili Minister of Defence David Kezerashvili Minister of Education and Science Ghia Nodia Minister of Economic Development Ekaterine Sharashidze Minister of Agriculture Petre Tsiskarishvili Minister of Justice Nika Gvaramia Minister of Culture and Sport Nika Vacheishvili Minister of Environment Protection and Natural Resources Zaza Gamtsemlidze Minister of Energetics Alexander Khetaguri Minister of Health and Social Welfare Alexander Kvitashvili Minister of Finance Nika Gilauri ____________ ~~Dubya~~ George Bush and Mikheil Saakashvili -Mikheil Saakashvili Edited by Georgia, Oct 9 2008, 01:44 AM.



Georgia	Oct 11 2008, 02:35 PM Post #4
Fear me Posts: 360 Group: Members Member #9 Joined: Oct 2, 2008 Currency Georgian Lari ( 0.51 euros = 1 Lari) Capital Tblisi Population 4,630,841 GDP (Nominal) $10.293 billion Nominal Per Capita $2,355	Georgian Companies: List of companies of Georgia Badagoni (Wine making - makes Tsinandali, Mukuzani, Kindzmarauli, Gurjaani, Saperavi, Akhasheni, and Kakhetian Noble brand wines) Bank of Georgia (საქართველოს ბანკი - Bank of Georgia has the following credit ratings: Standard & Poor's: 'B+/B', Stable Moody's: 'B3/NP' (FC) & 'Baa3/P-3' (LC), Stable Fitch Ratings: 'B/B', Stable Madneuli JSC (სააქციო საზოგადოება მადნეული - Mining company with a maximum estimated revenue of 70.70 Million USD) TBC Bank (Bank company that holds 25,3% of the country’s banking assets, 26,4% of the country’s credit portfolio and 25,0% of the country’s banking deposits.) Tbilaviamsheni (Aerospace) Wissol Petroleum (Oil company with a 61 million USD revenue) Edited by Georgia, Oct 11 2008, 02:36 PM.



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