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Georgia
Large Economies
Argentina $328bRussia $1,667b
Australia $1,058bSingapore $193b
Brazil $1,636bSouth Africa $277b
Canada $1,499bSweden $488b
China $4,520bTurkey $730b
Denmark $341bUnited Kingdom $2,679b
France $2,865bUnited States $14,369b
Germany $3,652b
India $1,261b
Italy $2,307b
Japan $4,887b
Korea $931b
Mexico $1,090b
Netherlands $877b
Norway $446b
 All Countries with 2008 gdp bil usd
Islamic Republ $12bBelgium $507bCape Verde $2bDjibouti $bGeorgia $13bIndonesia $511bKyrgyz Republi $5bMalta $8bNiger $5bRwanda $5bSt. Kitts and $bTonga $bRepublic of Ye $27bLatin America $4,264b
Albania $13bBelize $1bCentral Africa $2bDominica $bGermany $3,652bIslamic Republ $331bLao People's D $5bMauritania $4bNigeria $207bSamoa $bSt. Lucia $bTrinidad and T $27bZambia $15bMiddle East an $2,241b
Algeria $170bBenin $7bChad $8bDominican Repu $46bGhana $16bIraq $87bLatvia $34bMauritius $9bNorway $446bSão Tomé and P $bSt. Vincent an $bTunisia $45bZimbabwe $4bSub-Saharan Af $931b
Angola $84bBhutan $1bChile $171bEcuador $54bGreece $352bIreland $265bLebanon $30bMexico $1,090bOman $60bSaudi Arabia $477bSudan $58bTurkey $730bWorld $61,187b
Antigua and Ba $1bBolivia $17bChina $4,520bEgypt $162bGrenada $bIsrael $202bLesotho $2bMoldova $6bPakistan $164bSenegal $13bSuriname $3bTurkmenistan $bAdvanced econo $42,188b
Argentina $328bBosnia and Her $19bColombia $234bEl Salvador $22bGuatemala $39bItaly $2,307bLiberia $bMongolia $5bPanama $23bSerbia $49bSwaziland $3bUganda $14bEuro area $13,616b
Armenia $12bBotswana $14bComoros $bEquatorial Gui $18bGuinea $5bJamaica $14bLibya $89bMontenegro $5bPapua New Guin $8bSeychelles $bSweden $488bUkraine $180bMajor advanced $32,258b
Australia $1,058bBrazil $1,636bDemocratic Rep $12bEritrea $1bGuinea-Bissau $bJapan $4,887bLithuania $47bMorocco $89bParaguay $17bSierra Leone $2bSwitzerland $502bUnited Arab Em $254bNewly industri $1,743b
Austria $417bBrunei Darussa $14bRepublic of Co $12bEstonia $24bGuyana $2bJordan $23bLuxembourg $58bMozambique $10bPeru $127bSingapore $193bSyrian Arab Re $54bUnited Kingdom $2,679bOther advanced $5,144b
Azerbaijan $46bBulgaria $50bCosta Rica $30bEthiopia $27bHaiti $7bKazakhstan $136bFormer Yugosla $10bMyanmar $31bPhilippines $167bSlovak Republi $95bTaiwan Provinc $403bUnited States $14,369bEuropean Union $18,377b
The Bahamas $7bBurkina Faso $8bCôte d'Ivoire $24bFiji $4bHonduras $14bKenya $27bMadagascar $9bNamibia $9bPoland $529bSlovenia $55bTajikistan $5bUruguay $31bEmerging and d $18,999b
Bahrain $22bBurundi $1bCroatia $69bFinland $272bHong Kong SAR $215bKiribati $bMalawi $4bNepal $13bPortugal $253bSolomon Island $bTanzania $21bUzbekistan $29bCentral and ea $1,944b
Bangladesh $84bCambodia $11bCyprus $25bFrance $2,865bHungary $155bKorea $931bMalaysia $222bNetherlands $877bQatar $111bSouth Africa $277bThailand $272bVanuatu $bCommonwealth o $2,183b
Barbados $4bCameroon $24bCzech Republic $216bGabon $15bIceland $17bKosovo $6bMaldives $1bNew Zealand $131bRomania $204bSpain $1,601bDemocratic Rep $bVenezuela $311bDeveloping Asi $7,436b
Belarus $61bCanada $1,499bDenmark $341bThe Gambia $1bIndia $1,261bKuwait $148bMali $9bNicaragua $6bRussia $1,667bSri Lanka $40bTogo $3bVietnam $90bASEAN-5 $1,264b
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| Select Variable
GDP, constant prices   *   Natl currency |
GDP, constant prices % chg
GDP, current prices   *   Natl currency |
GDP, current prices U.S. $s |
GDP, deflator Index, 2000=100
GDP per capita, constant pri Natl currency
GDP per capita, current pric Natl currency
GDP per capita, current pric U.S. $s
Output gap in percent of pot % of potential GDP
GDP based on PPP valuation o Current intl $ |
GDP based on PPP per capita Current intl $
GDP based on PPP share of wo %
Implied PPP conversion rate Natl currency/$
Investment % of GDP
Gross national savings % of GDP
Inflation, average consumer Index
Inflation, average consumer % chg
Inflation, end of period con Index
Inflation, end of period con   *   % chg
Six-month London interbank o %
Unemployment rate % of total labor force
Employment Index, 2000=100
Population Persons |
Govt revenue Natl currency |
Govt revenue   *   % of GDP
Govt total expenditure Natl currency |
Govt total expenditure % of GDP
Govt net lending/borrowing Natl currency |
Govt net lending/borrowing   *   % of GDP
Govt structural balance Natl currency |
Govt structural balance % of potential GDP
Govt primary net lending/bor Natl currency |
Govt primary net lending/bor % of GDP
Govt net debt Natl currency |
Govt net debt % of GDP
Govt gross debt Natl currency |
Govt gross debt % of GDP
GDP corresponding to fiscal Natl currency |
Current account balance U.S. $s |
Current account balance % of GDP
*_popular_variable. 		  Georgia   GEO * Asterisk means observation is an IMF forecast | 2010 Dec 04
  country cd     variable cd     variable   data for
all years 		1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
1 GEO | 915 NGDP_R   GDP, constant prices National currency | Billions | 1994 1.000   1990-2009 16.13 12.73 7.013 4.958 4.442 4.558 5.036 5.569 5.729 5.898 6.013 6.295 6.642 7.379 7.811 8.560 9.364 10.52 10.76 10.34 10.91* 11.34* 11.91* 12.51* 13.13* 13.79*
2 GEO | 915 NGDP_RPCH   GDP, constant prices Percent change   1995-2009 2.600 10.50 10.57 2.878 2.960 1.937 4.700 5.500 11.10 5.853 9.600 9.384 12.34 2.314 -3.937 5.500* 4.000* 5.000* 5.000* 5.000* 5.000*
3 GEO | 915 NGDP   GDP, current prices National currency | Billions | 1994 1.000   1993-2009 0.0110 0.9060 2.443 3.847 4.638 5.040 5.665 6.013 6.647 7.455 8.565 9.824 11.62 13.79 16.99 19.08 17.95 20.25* 22.54* 25.08* 27.92* 31.07* 34.59*
4 GEO | 915 NGDPD   GDP, current prices U.S. dollars | Billions | 1994 1.162   1991-2009 20.16 17.73 0.8881 0.8230 1.897 3.046 3.575 3.620 2.803 3.042 3.205 3.395 3.992 5.126 6.411 7.768 10.22 12.87 10.75 11.23* 11.93* 12.82* 13.86* 14.99* 16.21*
5 GEO | 915 NGDP_D   GDP, deflator Index   1994-2009 20.40 53.61 76.37 83.29 87.98 96.04 100.00 105.59 112.25 116.07 125.78 135.75 147.27 161.55 177.24 173.61 185.68* 198.68* 210.60* 223.24* 236.63* 250.83*
6 GEO | 915 NGDPRPC   GDP per capita, constant prices National currency | Units | 1994 1.093   1990-2009 3259.20 2556.58 1419.88 1003.85 901.11 950.71 1077.43 1221.61 1271.70 1319.62 1355.68 1430.29 1519.28 1699.16 1810.03 1980.89 2127.49 2393.57 2455.99 2357.51 2485.31* 2582.78* 2709.89* 2843.25* 2983.16* 3129.96*
7 GEO | 915 NGDPPC   GDP per capita, current prices National currency | Units | 1994 1.093   1993-2009 2.186 183.86 509.62 822.88 1017.49 1118.83 1267.37 1355.69 1510.23 1705.38 1972.25 2276.67 2689.10 3133.15 3866.88 4352.89 4092.81 4614.80* 5131.50* 5707.08* 6347.20* 7059.12* 7850.89*
8 GEO | 915 NGDPDPC   GDP per capita, current prices U.S. dollars | Units | 1994 1.270   1990-2009 4692.68 4045.88 3586.24 179.79 166.84 395.60 651.62 784.26 803.56 627.16 685.89 728.27 776.67 919.24 1187.84 1483.54 1764.85 2326.36 2937.03 2450.27 2559.69* 2715.59* 2915.67* 3150.93* 3405.17* 3679.92*
9 GEO | 915 NGAP_NPGDP   Output gap in percent of potential GDP Percent of potential GDPno data
10 GEO | 915 PPPGDP   GDP based on PPP valuation of country GDP Current international dollar | Billions   1994-2009 6.582 6.894 7.763 8.734 9.087 9.494 9.887 10.59 11.35 12.88 13.99 15.75 17.79 20.57 21.50 20.85 22.19* 23.38* 24.88* 26.51* 28.30* 30.25*
11 GEO | 915 PPPPC   GDP based on PPP per capita GDP Current international dollar | Units   1994-2009 1335.12 1437.95 1660.66 1916.12 2017.22 2124.03 2229.31 2405.15 2596.16 2966.04 3242.16 3643.82 4040.96 4680.16 4907.15 4753.57 5057.09* 5323.89* 5659.83* 6026.48* 6429.83* 6865.78*
12 GEO | 915 PPPSH   GDP based on PPP share of world total Percent | 1994 0.487   1980-2009 0.0853 0.0865 0.0890 0.0902 0.0887 0.0871 0.0870 0.1033 0.1045 0.0961 0.0822 0.0646 0.0351 0.0257 0.0220 0.0210 0.0230 0.0240 0.0240 0.0240 0.0230 0.0240 0.0250 0.0260 0.0270 0.0280 0.0290 0.0310 0.0310 0.0300 0.0290* 0.0290* 0.0290* 0.0300* 0.0300* 0.0300*
13 GEO | 915 PPPEX   Implied PPP conversion rate National currency per current international dollar   1994-2009 0.1380 0.3540 0.4960 0.5310 0.5550 0.5970 0.6080 0.6280 0.6570 0.6650 0.7020 0.7380 0.7750 0.8260 0.8870 0.8610 0.9130* 0.9640* 1.008* 1.053* 1.098* 1.143*
14 GEO | 915 NID_NGDP   Investment Percent of GDPno data
15 GEO | 915 NGSD_NGDP   Gross national savings Percent of GDPno data
16 GEO | 915 PCPI   Inflation, average consumer prices Index   1994-2009 25.54 67.09 93.47 100.00 103.55 123.36 128.34 134.36 141.86 148.64 157.07 170.04 185.61 202.77 223.07 226.92 241.50* 259.40* 274.97* 291.47* 308.95* 327.49*
17 GEO | 915 PCPIPCH   Inflation, average consumer prices Percent change   1995-2009 162.72 39.33 6.988 3.552 19.13 4.040 4.688 5.579 4.786 5.666 8.258 9.161 9.246 10.01 1.727 6.426* 7.414* 6.000* 6.000* 6.000* 6.000*
18 GEO | 915 PCPIE   Inflation, end of period consumer prices Index   1994-2009 53.92 84.85 96.47 103.42 114.45 126.88 132.77 137.29 144.73 154.80 166.41 176.69 192.20 213.31 225.15 231.86 252.33* 267.47* 283.52* 300.53* 318.56* 337.68*
19 GEO | 915 PCPIEPCH   Inflation, end of period consumer prices Percent change   1995-2009 57.37 13.69 7.205 10.67 10.87 4.639 3.403 5.423 6.953 7.503 6.179 8.778 10.98 5.548 2.983 8.828* 6.000* 6.000* 6.000* 6.000* 6.000*
20 GEO | 915 FLIBOR6   Six-month London interbank offered rate (LIBOR) Percentno data
21 GEO | 915 LUR   Unemployment rate Percent of total labor force   1996-2009 12.72 7.551 12.44 12.70 10.37 11.14 12.60 11.56 12.61 13.76 13.60 13.30 16.50 16.90 16.80* 16.70* 16.50* 16.30* 16.20* 16.00*
22 GEO | 915 LE   Employment Persons | Millionsno data
23 GEO | 915 LP   Population Persons | Millions   1994-2009 4.930 4.794 4.675 4.558 4.505 4.470 4.435 4.401 4.372 4.343 4.315 4.322 4.401 4.395 4.382 4.385 4.389* 4.392* 4.395* 4.399* 4.402* 4.405*
24 GEO | 915 GGR   Govt revenue National currency | Billions   2000-2009 0.9130 1.082 1.347 1.368 2.267 2.838 3.678 4.972 5.854 5.264 5.876* 6.208* 6.766* 7.468* 8.248* 9.166*
25 GEO | 915 GGR_NGDP   Govt revenue Percent of GDP   2000-2009 15.19 16.28 18.07 15.97 23.08 24.42 26.67 29.26 30.69 29.33 29.01* 27.55* 26.97* 26.75* 26.54* 26.50*
26 GEO | 915 GGX   Govt total expenditure National currency | Billions   2000-2009 1.051 1.154 1.225 1.416 1.904 2.582 3.212 4.831 6.231 6.441 6.964* 7.079* 7.576* 8.265* 8.943* 10.04*
27 GEO | 915 GGX_NGDP   Govt total expenditure Percent of GDP   2000-2009 17.48 17.36 16.44 16.53 19.38 22.22 23.29 28.43 32.67 35.89 34.39* 31.41* 30.20* 29.60* 28.78* 29.02*
28 GEO | 915 GGXCNL   Govt net lending/borrowing National currency | Billions   2000-2009 -0.1380 -0.0720 0.1220 -0.0480 0.3630 0.2560 0.4660 0.1410 -0.3770 -1.177 -1.088* -0.8710* -0.8110* -0.7970* -0.6950* -0.8700*
29 GEO | 915 GGXCNL_NGDP   Govt net lending/borrowing Percent of GDP   2000-2009 -2.291 -1.087 1.634 -0.5630 3.693 2.205 3.376 0.8320 -1.976 -6.557 -5.373* -3.863* -3.231* -2.853* -2.238* -2.517*
30 GEO | 915 GGSB   Govt structural balance National currency | Billionsno data
31 GEO | 915 GGSB_NPGDP   Govt structural balance Percent of potential GDPno data
32 GEO | 915 GGXONLB   Govt primary net lending/borrowing National currency | Billionsno data
33 GEO | 915 GGXONLB_NGDP   Govt primary net lending/borrowing Percent of GDPno data
34 GEO | 915 GGXWDN   Govt net debt National currency | Billionsno data
35 GEO | 915 GGXWDN_NGDP   Govt net debt Percent of GDPno data
36 GEO | 915 GGXWDG   Govt gross debt National currency | Billions   2004-2009 4.285 3.966 3.769 3.662 5.269 6.708 9.367* 10.77* 11.34* 12.08* 12.66* 13.61*
37 GEO | 915 GGXWDG_NGDP   Govt gross debt Percent of GDP   2004-2009 43.62 34.13 27.34 21.55 27.63 37.38 46.25* 47.80* 45.20* 43.28* 40.76* 39.36*
38 GEO | 915 NGDP_FY   GDP corresponding to fiscal year, current prices National currency | Billions   2000-2009 6.013 6.647 7.455 8.565 9.824 11.62 13.79 16.99 19.08 17.95 20.25* 22.54* 25.08* 27.92* 31.07* 34.59*
39 GEO | 915 BCA   Current account balance U.S. dollars | Billions   1994-2009 -0.2780 -0.3470 -0.3830 -0.4590 -0.4620 -0.2810 -0.2390 -0.2050 -0.2160 -0.3830 -0.3540 -0.7100 -1.175 -2.009 -2.915 -1.259 -1.353* -1.490* -1.477* -1.453* -1.452* -1.441*
40 GEO | 915 BCA_NGDPD   Current account balance Percent of GDP   1994-2009 -33.79 -18.30 -12.58 -12.84 -12.76 -10.02 -7.872 -6.401 -6.353 -9.603 -6.898 -11.07 -15.12 -19.65 -22.65 -11.72 -12.04* -12.49* -11.52* -10.48* -9.687* -8.887*
    NOTES
    1GDP, constant prices : Real GDP is expressed in billions of national currency units; the base year is country-specific. Source: National Statistical Office Latest actual data: 2009 National accounts manual used: SNA 1993 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2000 Chain-weighted: Yes, from 1996 Primary domestic currency: Georgian lari Data last updated: 09/2010
    2GDP, constant prices : See notes for: Gross domestic product, constant prices (National currency).
    3GDP, current prices : GDP is expressed in billions of national currency units. Source: National Statistical Office Latest actual data: 2009 National accounts manual used: SNA 1993 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2000 Chain-weighted: Yes, from 1996 Primary domestic currency: Georgian lari Data last updated: 09/2010
    4GDP, current prices : See notes for: Gross domestic product, current prices (National currency).
    5GDP, deflator : See notes for: Gross domestic product, constant prices (National currency) Gross domestic product, current prices (National currency).
    6GDP per capita, constant prices : GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population. See notes for: Gross domestic product, constant prices (National currency) Population (Persons).
    7GDP per capita, current prices : GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population. See notes for: Gross domestic product, current prices (National currency) Population (Persons).
    8GDP per capita, current prices : GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population. See notes for: Gross domestic product, current prices (National currency) Population (Persons).
    10GDP based on PPP valuation of country GDP : See notes for: Gross domestic product, current prices (National currency).
    11GDP based on PPP per capita GDP : See notes for: Gross domestic product, current prices (National currency) Population (Persons).
    12GDP based on PPP share of world total : These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas, Purchasing Power Parity Based Weights for the World Economic Outlook, in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23. See notes for: Gross domestic product, current prices (National currency).
    13Implied PPP conversion rate : These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas, Purchasing Power Parity Based Weights for the World Economic Outlook, in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23. See notes for: Gross domestic product, current prices (National currency).
    16Inflation, average consumer prices : Data for inflation are averages for the year, not end-of-period data. Source: National Statistical Office Latest actual data: 2009 Harmonized prices: No Frequency of source data: Monthly Base year: 1997 Primary domestic currency: Georgian lari Data last updated: 09/2010
    17Inflation, average consumer prices : See notes for: Inflation, average consumer prices (Index).
    18Inflation, end of period consumer prices : Data for inflation are end of the period, not annual average data. Source: National Statistical Office Latest actual data: 2009 Harmonized prices: No Frequency of source data: Monthly Base year: 1997 Primary domestic currency: Georgian lari Data last updated: 09/2010
    19Inflation, end of period consumer prices : See notes for: Inflation, end of period consumer prices (Index).
    21Unemployment rate : Source: National Statistical Office Latest actual data: 2009 Primary domestic currency: Georgian lari Data last updated: 09/2010
    23Population : Source: National Statistical Office Latest actual data: 2009 Primary domestic currency: Georgian lari Data last updated: 09/2010
    24Govt revenue : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2009 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash Primary domestic currency: Georgian lari Data last updated: 09/2010
    25Govt revenue : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. See notes for: General government revenue (National currency).
    26Govt total expenditure : Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. Source: Ministry of Finance Latest actual data: 2009 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash Primary domestic currency: Georgian lari Data last updated: 09/2010
    27Govt total expenditure : Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. See notes for: General government total expenditure (National currency).
    28Govt net lending/borrowing : Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2009 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash Primary domestic currency: Georgian lari Data last updated: 09/2010
    29Govt net lending/borrowing : Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities. See notes for: General government net lending/borrowing (National currency).
    36Govt gross debt : Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110). Source: Ministry of Finance Latest actual data: 2009 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash Primary domestic currency: Georgian lari Data last updated: 09/2010
    37Govt gross debt : Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110). See notes for: General government gross debt (National currency).
    38GDP corresponding to fiscal year, current prices : Gross domestic product corresponding to fiscal year is the country?s GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country?s GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices. Source: Ministry of Finance Latest actual data: 2009 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash Primary domestic currency: Georgian lari Data last updated: 09/2010
    39Current account balance : Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries. Source: National Statistical Office and Central Bank. Latest actual data: 2009 Primary domestic currency: Georgian lari Data last updated: 09/2010
    40Current account balance : See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).