Economy - overview: Georgia's main economic activities include the cultivation of agricultural products such as citrus fruits, tea, hazelnuts, and grapes; mining of manganese and copper; and output of a small industrial sector producing alcoholic and nonalcoholic beverages, metals, machinery, and chemicals. The country imports the bulk of its energy needs, including natural gas and oil products. Its only sizable internal energy resource is hydropower. Despite the severe damage the economy has suffered due to civil strife, Georgia, with the help of the IMF and World Bank, has made substantial economic gains since 1995, achieving positive GDP growth and curtailing inflation. However, the Georgian government suffers from limited resources due to a chronic failure to collect tax revenues. Georgia also suffers from energy shortages; it privatized the T'bilisi distribution network in 1998, but collection rates are low, making the venture unprofitable. The country is pinning its hopes for long-term recovery on its role as a transit state for pipelines and trade. The start of construction on the Baku-T'bilisi-Ceyhan pipeline in summer 2002 will bring much-needed investment and job opportunities to the country.
GDP: purchasing power parity - $15.5 billion (2001 est.)
GDP - real growth rate: 8.4% (2001 est.)
GDP - per capita: purchasing power parity - $3,100 (2001 est.)
GDP - composition by sector: agriculture: 25% industry: 20% services: 55% (2001 est.)
Population below poverty line: 54% (2001 est.)
Household income or consumption by percentage share: lowest 10%: 2.3% highest 10%: 27.9% (1996)
Distribution of family income - Gini index: 37.1 (1996)
Inflation rate (consumer prices): 4.6% (2001 est.)
Labor force: 2.1 million (2001 est.)