% of the labor
force is employed in agriculture. Mineral resources consist of manganese and
copper, and, to a lesser extent, molybdenum, arsenic, tungsten, and mercury.
Except for very small quantities of domestic oil, gas, and coal, fuel must
be imported from neighboring republics. Oil and its products have been
delivered by pipeline from Azerbaijan to the port of Batumi for export and
local refining. Gas has been supplied in pipelines from Krasnodar and
Stavropol'. The dismantling of central economic controls has been delayed by
political factionalism, marked by bitter armed struggles. In early 1993 the
Georgian economy was operating at well less than half capacity due to
disruptions in fuel supplies and vital transportation links as a result of
conflicts in Abkhazia and South Ossetia, antigovernment activity in Western
Georgia, and Azerbaijani pressure against Georgian assistance for Armenia.
To restore economic viability, Georgia must establish domestic peace and
must maintain economic ties to the other former Soviet republics while
developing new links to the West.
National product:
GDP $NA
National product real growth rate:
-35% (1992 est.)
National product per capita:
$NA
Inflation rate (consumer prices):
50% per month (January 1993 est.)
Unemployment rate:
3% but large numbers of underemployed workers
Budget:
revenues $NA; expenditures $NA, including capital expenditures of $NA
Exports:
$NA
commodities:
citrus fruits, tea, other agricultural products; diverse types of machinery;
ferrous and nonferrous metals; textiles
partners:
Russia, Turkey, Armenia, Azerbaijan (1992)
Imports: $NA
commodities:
machinery and parts, fuel, transport equipment, textiles
partners:
Russia, Ukraine (1992)
External debt:
$650 million (1991 est.)
Industrial production:
growth rate -50% (1992)
Electricity:
4,875,000 kW capacity; 15,800 million kWh produced, about 2,835 kWh per
capita (1992)

*Georgia, Economy

Industries:
heavy industrial products include raw steel, rolled steel, cement, lumber;
machine tools, foundry equipment, electric mining locomotives, tower cranes,
electric welding equipment, machinery for food preparation, meat packing,
dairy, and fishing industries; air-conditioning electric motors up to 100 kW
in size, electric motors for cranes, magnetic starters for motors; devices
for control of industrial processes; trucks, tr