GEORGIA - AT A GLANCE

Transcription

1 FACTS AND FIGURES

2 GEORGIA - AT A GLANCE Area: Population: 69,7 km mln Vilnius Life expectancy: 75 years Literacy: 1% National Currency: GEL (Georgian Lari) Calling code: +995 Average Air Temperature: C Language: Georgian Capital: Tbilisi Country (code): GE Internet code:.ge Average Sea Water Temperature: C ECONOMIC INDICATORS OF GEORGIA 216 GDP Nominal: USD million GDP Real Growth: 2.7% GDP Per Capita: USD Annual Inflation Rate: 1.8% Unemployment Rate: 12.% Foreign Direct Investments: USD million Foreign Trade Turnover: USD million Source: National Statistics Office of Georgia Ministry of Finance of Georgia 2 3

3 DOING BUSINESS (+7, ) HERITAGE FOUNDATION INDEX OF ECONOMIC FREEDOM (+1, ) 217 Year- 16 th place among 19 countries in the rate of Distance to Frontier Indicator (DTF) 8.2 points (2.48 points improvement) Georgia s in top ten according to the following components: Registering Property - 3 rd position Getting Credit - 7 th position Protecting Minority Investors - 7 th position Starting a Business - 8 th position Dealing with Construction Permit - 8 th position Hong Kong 1 Singapore 2 New Zealand 3 Estonia 6 Georgia 13 Lithuania16 Latvia 2 Armenia 33 Turkey 6 Azerbaijan 68 Moldova 11 Russia 114 Belarus 124 Ukraine 166 Free (1-8) Most Free (79,9-7) Moerately Free (69,9-6) Moderately Restricted (69,9-6) Restricted (69,9-6) Singapore 1 Denmark 3 Georgia 16 Poland 24 Turkey 69 Ukraine 8 4 5

4 FRASER INSTITUTE ECONOMIC FREEDOM OF THE WORLD ( 7, ) Georgia Armenia Lithuania Estonia Latvia Turkey Moldova Russia Azerbaijan Ukraine TRANSPARENCY INTERNATIONAL CORRUPTION PERCEPTION INDEX ( 4, ) WORLD ECONOMIC FORUM GLOBAL COMPETITIVE INDEX ( 7, ) Switzerland[5,81] Estonia [4,78] Lithuania[4,6] Azerbaijan[4,55] Russia[4,51] Latvia [4,45] Turkey [4,39] Georgia [4,32] Armenia[4,7] Ukraine [4,]

5 AJARA - AT A GLANCE GEORGIA S NO. 1 ECONOMIC REGION AJARA - Autonomous Republic within Georgia Administrative center: Batumi Total area: 2 9 km2 Population: 337 Labor Force: 2 7 Location: South-Western Georgia (bordered by Turkey) Coastline length: 57 km Ajara Language: Georgian Average Air Temperature: C Average Sea Water Temperature: C Calling Code: Electricity Standards: 22 V, 5 Hz 8 9

6 ACCESSIBILITY BY SEA Sea Port passenger terminal located at the center of Batumi Natural, deep and well-protected bay BY AIR A new International Airport in Batumi since 27 Direct connection to 8 countries, 11 destinations BY ROAD BY RAIL Modernized railway stations More than 5 passengers served by railway station annually Yerevan-Batumi route operated since 27 Road networks and highways connecting Ajara to the rest of the world: Senaki-Poti-Sarpi (46.5 km) - connects to Turkey Batumi-Akhalkalaki - Axaltsikhe (117. km) - connects to Russia, Azerbaijan, and Armenia Kobuleti - Sarpi highway (59. km) connects to Turkey

7 ECONOMY OF AJARA REGION EMPLOYMENT INDICATORS GROSS VALUE ADDED (GVA) (Nominal / millions GEL) Active Population (labor force), total ,622 1,675 1,795 2,4 2,194 Employed Unemployment Rate Source: National Statistics Office of Georgia DISTRIBUTION OF POPULATION BY ECONOMIC STATUS (215) GROSS VALUE ADDED BY TYPES OF ECONOMIC ACTIVITIES (215) Unemployed 16% Agriculture, Fishing, Hunting and Forestry 6% Health and Social Care Education 7% Processing of Products by Householdss 3% 8% Real Estate, Finance, HORECA 23% Hired 35% Public Administration 8% Transport and Communication 8% Industry 8% Trade 14% Construction 15% Self-employed 49% Source: National Statistics Office of Georgia. Source: National Statistics Office of Georgia 12 13

8 BUSINESS SECTOR INVESTMENTS NUMBER OF REGISTERED BUSINESSES IN AJARA WITH FOREIGN/JOINT CAPITAL PRIVATE INVESTMENTS IN AJARA Source: National Statistics Office of Georgia PRIVATE INVESTMENTS BY SECTORS OF ECONOMY (216) Name Turnover (million GEL) Number of Employed Persons Average Monthly Remuneration of the Employed Persons (GEL) Tourism 32% Construction 21% Source: National Statistics Office of Georgia Energy 45% Other 1% Industry 1% 14 15

9 PRIVATE INVESTMENTS IN AJARA STATE INVESTMENT PORTFOLIO (216) MLN. (GEL) Water and Sewage System Rehabilitation 11% Foreign Investments Local Investments Total Direct Investments Education, Culture and Sport 1% Health and Social Care 6% Environment Protection 5% TOURISM NUMBER OF TOURISTS IN AJARA 216 Foreign Local DISTRIBUTION OF FOREIGN TOURISTS ACCOMMODATED IN HOTELS BY COUNTRIES (PERCENTAGE, 216) Others 23% Turkey 2% Road Infrastructure 51% Other Infrastructural Activities 17% Kazakhstan 2% Belarus 2% Poland 3% Armenia 6% Azerbaijan 8% Israel 11% Ukraine 11% Russia 14% 16 17

10 BED CAPACITY IN HOTELS AND SIMILARESTABLISHMENTS TYPES OF CONSTRUCTION ACCORDING TO THE CONSTRUCTION PERMITS ISSUED IN AJARA (216) 2, 15, 13,66 15,426 18,277 Hotels 26% Other 2% 1, 5, Source: Department of Tourism and Resorts of Ajara A.R. CONSTRUCTION NUMBER OF CONSTRUCTION AREA (M 2 ) ISSUED IN AJARA 1,5, 1,2, 9, 6, 3, 888, ,154, ,325, ,493, Residential 54% FINANCIAL SECTOR FINANCIAL INSTITUTIONS IN AJARA REGION: 14 Commercial banks (with 74 service centers) 11 Microfinance institutions (2 head offices, 36 service centers) 9 Insurance companies 2 Credit unions 347 Currency exchange Units 3 Money transfer Units 18 19

11 1,6, 1,4, 1,2, 1,, 8, 6, 4, 2, LOANS ISSUED BY COMMERCIAL BANKS (MILLION GEL) 739,74 711, Source: National Bank of Georgia 1,161,98 1,2,774 1,45, REPUBLIC BUDGET OF AJARA REPUBLIC BUDGET BY EXPENDITURES INDUSTRY PRODUCTION VALUE - MILLION GEL PRODUCTION VALUE BY INDUSTRY SECTORS IN AJARA (215) Mln. USD 8, 7, 6, 5, 4, 3, 2, 1, 54, , , , , Manufacturing 91% Electricity, gas and water supply 3% Mining and quarrying 6% 2 21

12 UTILITY RATES BATUMI CITY UTILITY RATES ELECTRICITY TARIFFS NON-RESIDENT CUSTOMERS (ACCORDING TO THE VOLTAGE, INCLUDING VAT) WATER & WASTEWATER SERVICES Types of Customers Unit Water Wastewater Total Supply Voltage Tetri GEL/KWh 1 Resident customers (monthly) GEL/ capita /38 volts (average) (for non-resident, commercial customers) kilovolts Resident customers (if registered) GEL/m kilovolts RESIDENT CUSTOMERS (INCLUDING VAT) Supply Voltage Tetri GEL/KWh 3 4 Organizations, state-funded organizations and charitable organizations as specified in the Definition of Terms in the Georgian Tax Code Enterprises and individual entrepreneurs as specified in the Definition of Terms in the Georgian Tax Code GEL/m GEL/m Including 11 kwh from 11 kwh to 31 kwh (including) from 31 kwh and more NATURAL GAS MUNICIPAL SOLID WASTE DISPOSAL FEE (PER CAPITA) GEL 1.3 MONTHLY USD 1 = GEL Types of Customers Tetri GEL /m 3 Resident customers (registered before August 1, 28) Resident customers (registered after August 1, 28) Note: The tariff is calculated based on the number of family members for resident customers; as for organizations, institutions and legal entities, the calculations are based on the combination of the waste accumulation rate, the cost of waste disposal and the area in question. 3 Non-resident customers

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