FEAS Yearbook FEAS Yearbook 2009 | Page 69

FEDERATION OF EURO-ASIAN STOCK EXCHANGES ANNUAL REPORT APRIL 2009 GEORGIAN STOCK EXCHANGE GEORGIA ECONOMIC CHARTS AND TABLES GDP at market prices (Lari bn) GDP (US$ bn) Real GDP growth (%) Consumer price inflation (av; %) Population (m) Exports of goods fob (US$ m) Imports of goods fob (US$ m) Current-account balance (US$ m) Foreign-exchange reserves excl gold (US$ m) Exchange rate (av) Lari:US$ 2003 (a) 2004 (a) 2005 (a) 2006 (a) 2007 (a) 8.6 4.0 11.1 4.8 4.6 830.5 -1,468.7 -391.4 196.2 2.15 9.8 5.1 5.9 5.7 4.5 1,092.1 -2,007.6 -429.5 386.7 1.92 11.6 6.4 9.3 8.2 4.5 1,472.4 -2,686.6 -771.7 478.6 1.81 13.8 7.7 9.4 9.2 4.5 1,666.6 -3,685.9 -1,255.1 930.8 1.78 16.5 9.8 12.4 9.3 4.4(b) 2,088.2 -4,984.1 -2,118.5 1,361.2 1.67 (a) Actual. (b) The Economist Intelligence Unit estimates. ECONOMIC FORECAST SUMMARY 2006 (a) 2007 (a) 2008 (b) 2009 (b) 9.4 9.2 18.8 -2.8 1.7 -3.7 -1.3 -16.2 1.78 2.24 0.07 12.4 9.3 20.4 -2.3(c) 2.1 -5.0 -2.1 -21.5 1.67 2.29 0.07 7.0 11.3 19.0 -3.0 2.8 -7.3 -3.3 -24.6 1.47 2.26 0.06 8.0 9.2 18.0 -3.2 3.5 -8.6 -3.5 -21.7 1.44 2.19 0.06 Real GDP growth Consumer price inflation (av) Lending rate (%) Government balance (% of GDP) Exports of goods fob (US$ bn) Imports of goods fob (US$ bn) Current-account balance (US$ bn) Current-account balance (% of GDP) Exchange rate Lari:US$ (av) Exchange rate Lari:[euro] (av) Exchange rate Lari:Rb (av) (a) Actual. (b) The Economist Intelligence Unit forecasts. (c) The Economist Intelligence Unit estimates. 2007-PRINCIPAL EXPORTS (%) Ferrous metals & gold Other Automotives Copper & scrap black metals 2007-PRINCIPAL IMPORTS (%) Oil, gas Automotives Pharmaceuticals Other 16.3 18.5 14.2 7.1 2.8 5.7 73.8 61.6 2007-MAIN DESTINATION OF EXPORTS (%) Turkey USA UK Other 2007-MAIN ORIGINS OF IMPORTS (%) Russia Turkey Ukraine Azerbaijan Other Azerbaijan 13.9 16.1 14.2 9.9 15.4 8.7 7.4 8.7 52.7 53.2 The Economic Intelligence Unit Ltd., September 2008 PAGE 67