Gross Domestic Product of Georgia in 2010

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1 Gross Domestic Product of Georgia in 2010 The real growth of Gross Domestic Product (GDP) of Georgia in 2010 amounted to 6.4 percent and deflator grew by 8.7 percent year-on-year. In the same period the GDP at current prices totaled GEL mil., up 15.6 percent. Table # * GDP at current prices (mil. GEL) GDP per capita (GEL) GDP at current prices (mil. US dollars) GDP per capita (US dollars) Real GDP growth (%) GDP deflator (%) Real GDP growth and deflator in * (percent) * Real GDP grow th GDP deflator

2 Table #2 GDP (at current prices, mil. GEL) Economic activities * Agriculture, Hunting and Forestry; Fishing Mining and Quarrying Manufacturing Electricity, Gas and Water Supply Processing of Products by Households Construction Wholesale and Retail Trade; Repair of Motor Vehicles, Motorcycles and Personal and Household Goods Hotels and Restaurants Transport Communication Financial Intermediation Real Estate, Renting and Business Activities Imputed Rent of Own Occupied Dwellings Public Administration Education Health and Social Work Services Other Community, Social and Personal Service Activities Private Households Employing Domestic Staff and Undifferentiated Production Activities of Households for Own Use Financial Intermediation Services Indirectly Measured (FISIM) GDP at basic prices mil. GEL (+) Taxes on products (-) Subsidies on products GDP at market prices GDP per capita at current prices equaled GEL in 2010, or USD, up by USD USD compared to The tendencies of GDP per capita are shown on the chart below: 2

3 GDP per capita in * (GEL) * The largest share in sectoral structure of GDP is held by industry (16.9 percent) followed by trade services (16.6 percent), public administration (13.0 percent), transport and communication services (11.6 percent) and agriculture, forestry and fishing (8.4 percent). 3

4 GDP structure in 2010* (percent) Other sectors 33.5% Industry 16.9% Trade 16.6% Agriculture, forestry and fishing 8.4% Transport and Communication 11.6% PPublic administration 13.0% Double-digit real growth was posted in the following sectors: manufacturing (20.3 percent), financial Intermediation (14.7 percent), trade (14.1 percent), transport (13.1 percent), hotels and restaurants (12.9 percent), other community, social and personal services (10.4 percent). Moderate real growth was recorded in real estate, renting and business activities (8.6 percent), construction (7.6 percent), communication (6.5 percent), mining and quarrying (4.7 percent), health and social work services (3.1 percent), education (2.3 percent), electricity, gas and water supply (2.1 percent). Slight decrease in value added occurred in processing of products by households (3.7 percent), agriculture, forestry and fishing (1.7 percent). 4

5 Table #3 Real GDP growth rates to the same period of the last year (percent) Economic activities * Agriculture, Hunting and Forestry; Fishing Mining and Quarrying Manufacturing Electricity, Gas and Water Supply Processing of Products by Households Construction Wholesale and Retail Trade; Repair of Motor Vehicles, Motorcycles and Personal and Household Goods Hotels and Restaurants Transport Communication Financial Intermediation Real Estate, Renting and Business Activities Imputed Rent of Own Occupied Dwellings Public administration Education Health and Social Work Services Other community, Social and Personal Service Activities Private Households Employing Domestic Staff and Undifferentiated Production Activities of Households for Own Use Financial Intermediation Services Indirectly Measured (FISIM) GDP at basic prices Taxes on products Subsidies on products GDP at market prices GDP deflator Notice: Adjusted data will be published by the end of November

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