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auto-update week 32
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@ -682,43 +682,43 @@
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"text": "<p>upper-middle income, fast-growing Caucasus economy; stable fiscal and monetary regime but vulnerable to geopolitical shocks; economic and energy ties to Russia but seeking more EU and US trade; key copper and gold exporter; business-friendly and anti-corruption reforms; persistent unemployment; influx of migrants from Ukraine war easing</p>"
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},
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"Real GDP (purchasing power parity)": {
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"Real GDP (purchasing power parity) 2024": {
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"text": "$60.909 billion (2024 est.)"
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},
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"Real GDP (purchasing power parity) 2023": {
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"text": "$57.516 billion (2023 est.)"
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},
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"Real GDP (purchasing power parity) 2022": {
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"text": "$53.108 billion (2022 est.)"
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},
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"Real GDP (purchasing power parity) 2021": {
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"text": "$47.165 billion (2021 est.)"
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},
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"note": "<b>note:</b> data in 2021 dollars"
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},
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"Real GDP growth rate": {
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"Real GDP growth rate 2024": {
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"text": "5.9% (2024 est.)"
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},
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"Real GDP growth rate 2023": {
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"text": "8.3% (2023 est.)"
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},
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"Real GDP growth rate 2022": {
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"text": "12.6% (2022 est.)"
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},
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"Real GDP growth rate 2021": {
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"text": "5.8% (2021 est.)"
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},
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"note": "<b>note:</b> annual GDP % growth based on constant local currency"
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},
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"Real GDP per capita": {
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"Real GDP per capita 2024": {
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"text": "$20,100 (2024 est.)"
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},
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"Real GDP per capita 2023": {
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"text": "$19,200 (2023 est.)"
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"text": "$19,400 (2023 est.)"
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},
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"Real GDP per capita 2022": {
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"text": "$17,900 (2022 est.)"
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},
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"Real GDP per capita 2021": {
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"text": "$15,900 (2021 est.)"
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},
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"note": "<b>note:</b> data in 2021 dollars"
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},
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"GDP (official exchange rate)": {
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"text": "$24.086 billion (2023 est.)",
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"text": "$25.787 billion (2024 est.)",
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"note": "<b>note:</b> data in current dollars at official exchange rate"
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},
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"Inflation rate (consumer prices)": {
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@ -735,34 +735,34 @@
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},
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"GDP - composition, by sector of origin": {
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"agriculture": {
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"text": "8.5% (2023 est.)"
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"text": "7.9% (2024 est.)"
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},
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"industry": {
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"text": "23.4% (2023 est.)"
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"text": "23.2% (2024 est.)"
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},
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"services": {
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"text": "59.4% (2023 est.)"
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"text": "61.5% (2024 est.)"
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},
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"note": "<b>note:</b> figures may not total 100% due to non-allocated consumption not captured in sector-reported data"
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},
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"GDP - composition, by end use": {
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"household consumption": {
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"text": "65.4% (2023 est.)"
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"text": "66.5% (2024 est.)"
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},
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"government consumption": {
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"text": "14.1% (2023 est.)"
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"text": "10.7% (2024 est.)"
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},
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"investment in fixed capital": {
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"text": "20.9% (2023 est.)"
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"text": "21.7% (2024 est.)"
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},
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"investment in inventories": {
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"text": "0.4% (2023 est.)"
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"text": "0.5% (2024 est.)"
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},
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"exports of goods and services": {
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"text": "59.5% (2023 est.)"
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"text": "76.3% (2024 est.)"
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},
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"imports of goods and services": {
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"text": "-60.3% (2023 est.)"
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"text": "-75.8% (2024 est.)"
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},
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"note": "<b>note:</b> figures may not total 100% due to rounding or gaps in data collection"
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},
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@ -774,19 +774,19 @@
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"text": "brandy, mining, diamond processing, metal-cutting machine tools, forging and pressing machines, electric motors, knitted wear, hosiery, shoes, silk fabric, chemicals, trucks, instruments, microelectronics, jewelry, software, food processing"
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},
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"Industrial production growth rate": {
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"text": "2.7% (2023 est.)",
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"text": "6.2% (2024 est.)",
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"note": "<b>note:</b> annual % change in industrial value added based on constant local currency"
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},
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"Labor force": {
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"text": "1.478 million (2024 est.)",
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"text": "1.51 million (2024 est.)",
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"note": "<b>note:</b> number of people ages 15 or older who are employed or seeking work"
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},
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"Unemployment rate": {
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"Unemployment rate 2024": {
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"text": "13.3% (2024 est.)"
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"text": "13.4% (2024 est.)"
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},
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"Unemployment rate 2023": {
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"text": "13.2% (2023 est.)"
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"text": "13.3% (2023 est.)"
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},
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"Unemployment rate 2022": {
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"text": "13.4% (2022 est.)"
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@ -810,29 +810,29 @@
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"note": "<b>note:</b> % of population with income below national poverty line"
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},
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"Gini Index coefficient - distribution of family income": {
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"Gini Index coefficient - distribution of family income 2022": {
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"text": "27.9 (2022 est.)"
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"Gini Index coefficient - distribution of family income 2023": {
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"text": "27.2 (2023 est.)"
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},
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"note": "<b>note:</b> index (0-100) of income distribution; higher values represent greater inequality"
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},
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"Household income or consumption by percentage share": {
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"lowest 10%": {
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"text": "3.9% (2022 est.)"
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"text": "4% (2023 est.)"
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},
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"highest 10%": {
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"text": "23% (2022 est.)"
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"text": "22.9% (2023 est.)"
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},
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"note": "<b>note:</b> % share of income accruing to lowest and highest 10% of population"
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},
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"Remittances": {
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"Remittances 2024": {
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"text": "4.6% of GDP (2024 est.)"
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},
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"Remittances 2023": {
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"text": "6.03% of GDP (2023 est.)"
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"text": "6% of GDP (2023 est.)"
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},
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"Remittances 2022": {
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"text": "10.41% of GDP (2022 est.)"
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},
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"Remittances 2021": {
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"text": "11.22% of GDP (2021 est.)"
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"text": "10.4% of GDP (2022 est.)"
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},
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"note": "<b>note:</b> personal transfers and compensation between resident and non-resident individuals/households/entities"
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},
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@ -856,27 +856,27 @@
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"note": "<b>note:</b> central government tax revenue as a % of GDP"
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},
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"Current account balance": {
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"Current account balance 2024": {
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"text": "-$997.086 million (2024 est.)"
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},
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"Current account balance 2023": {
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"text": "-$556.329 million (2023 est.)"
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},
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"Current account balance 2022": {
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"text": "$64.725 million (2022 est.)"
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},
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"Current account balance 2021": {
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"text": "-$482.982 million (2021 est.)"
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},
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"note": "<b>note:</b> balance of payments - net trade and primary/secondary income in current dollars"
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},
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"Exports": {
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"Exports 2024": {
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"text": "$18.618 billion (2024 est.)"
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},
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"Exports 2023": {
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"text": "$14.338 billion (2023 est.)"
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},
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"Exports 2022": {
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"text": "$10.118 billion (2022 est.)"
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},
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"Exports 2021": {
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"text": "$5.04 billion (2021 est.)"
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},
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"note": "<b>note:</b> balance of payments - exports of goods and services in current dollars"
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},
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"Exports - partners": {
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@ -888,15 +888,15 @@
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"note": "<b>note:</b> top five export commodities based on value in dollars"
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},
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"Imports": {
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"Imports 2024": {
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"text": "$19.087 billion (2024 est.)"
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},
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"Imports 2023": {
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"text": "$14.532 billion (2023 est.)"
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},
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"Imports 2022": {
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"text": "$10.265 billion (2022 est.)"
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},
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"Imports 2021": {
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"text": "$6.155 billion (2021 est.)"
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},
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"note": "<b>note:</b> balance of payments - imports of goods and services in current dollars"
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},
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"Imports - partners": {
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},
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"Reserves of foreign exchange and gold": {
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"Reserves of foreign exchange and gold 2024": {
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"text": "$3.684 billion (2024 est.)"
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"text": "$3.685 billion (2024 est.)"
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},
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"Reserves of foreign exchange and gold 2023": {
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"text": "$3.607 billion (2023 est.)"
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