P&C Insurance and Beverages Business Financial Overview
2010
2011
2012
Debt to GDP (SNA 2008)
Data Sources: NBG, GeoStat, IMF
2013
2014
2015
2016
Debt to GDP (SNA 1996)
2017
Methodological changes led GDP and external measures to
improve
Nominal GDP and GDP Per Capita
50
40 G
Gel bn
After transition, 2018 GDP increased by 8.6%, out of which 3% was due
to methodological changes, and 5.6% due to improved sources
US$
GEORGIA
CAPITAL
CA and FDI
6,000
20%
CAB (SNA 1993) ■CAB (SNA 2008)
FDI (SNA 1993)
FDI (SNA 2008)
4,722 500
5,000
15%
10%
30
7.8%
7.2%
4,346
5%
4,000
20
10
10
21 22
24 25 26 27
27 29
29 31
32 34
34 36
38 41 41 45
3,500
0%
3,000
-5%
2,500
-10%
-6.8%
-7.3%
0
2010
2011
2,000
2012
2013
2014
2015
2016
2017
2018
-15%
Public Debt
GDP (SNA 1993)
GDP Per Capita (SNA 2008)
36.5% 34.8% 34.7% 35.7%
GDP (SNA 2008)
-20%
GDP Per Capita (SNA 1993)
2010
2011
2012
2013
2014
2015
2016
2017
2018
70%
42.4%
44.4% 44.9%
43.9%
41.4%
50%
60%
40%
50%
30%
40%
30%
40.3%
38.8%
42.2% 41.7%
40.4%
20%
34.8%
33.5%
20%
32.6% 33.4%
10%
10%
0%
0%
Methodological changes and improved sources
Methodological changes mainly concern FISIM*, R&D expenditures, and
imputed rent of occupied dwellings.
Improved sources include the shadow economy, illegal activities, and
intermediate consumption.
* Financial intermediation services indirectly measured.
2018
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