FEAS Yearbook FEAS Yearbook 2006 | Page 77

FEDERATION OF EURO-ASIAN STOCK EXCHANGES SEMI ANNUAL REPORT OCTOBER 2006 GEORGIAN STOCK EXCHANGE GEORGIA ECONOMIC CHARTS AND TABLES GDP at market prices (Lari billions) GDP (US$ billions) Real GDP growth (%) Consumer price inflation (av; %) Population (millions) Exports of goods FOB (US$ millions) Imports of goods FOB (US$ millions) Current-account balance (US$ millions) Foreign-exchange reserves excl gold (US$ millions) Exchange rate (av) Lari:US$ 2001 2002 2003 2004 2005 6.7 3.2 4.8 4.6 4.7 496.1 -1,045.6 -211.7 159.4 2.07 7.5 3.4 5.5 5.6 4.6 601.7 -1,084.7 -221.4 197.6 2.20 8.6 4.0 11.1 4.8 4.6 830.5 -1,466.7 -374.8 190.7 2.15 9.8 5.1 5.9 5.7 4.5(b) 1,092.5 -2,008.6 -425.7 382.9 1.92 11.6 6.4 9.3 8.2 4.5(b) 1,472.4 -2,686.3 -750.7 473.2 1.81 (a) Actual. (b) Economist Intelligence Unit estimates. ECONOMIC FORECAST SUMMARY Real GDP growth (%) Consumer prices (% change) Budget balance (% of GDP) Merchandise exports (US$ billions) Exchange rate (Lari:US$1) 2005-PRINCIPAL EXPORTS (%) Ferro alloys, copper & gold Ferrous waste & scrap, iron & steel 2004 2005 2006 2007 6.3 5.7 -3.0 1.09 1.917 8.0 8.2 -2.7 1.36 1.813 10.0 7.6 -2.8 1.55 1.790 8.0 5.8 -2.4 1.76 1.760 2005-PRINCIPAL IMPORTS (%) Wine Other Oil, gas & electricity Automotives Tubes & pipes Other 9.7 13.3 17.1 9.4 72 7.2 67.6 3.7 2005-MAIN DESTINATION OF EXPORTS (%) Russia Turkey Azerbaijan Turkmenistan Armenia Other 2005-MAIN ORIGINS OF IMPORTS (%) Russia Ukraine 14.1 Turkey Azerbaijan Germany Other 11.4 9.6 17.8 15.4 8.7 9.4 8.8 8.3 4.6 45.2 46.7 Source: Economist Intelligence Unit ViewsWire PAGE 75