COUNTRY OVERVIEW

Table 1. Economic and Demographic Indicators for the Caucasus Region

Country

Gross Domestic Product
(Nominal GDP),
2001E (Billions
of U.S. $)

Real GDP Growth Rate, 2001 Estimate

Real GDP Growth Rate, 2002 Projection

Per Capita GDP, 2001E

Population
2001E
(Millions)

Armenia

$2.1

7.2%

5.4%

$542

3.8

Azerbaijan

$5.2

7.5%

7.0%

$646

8.1

Georgia

$3.1

4.0%

3.2%

$619

5.0

Total/weighted average

$10.4

6.4%

5.5%

$615

16.9

Source: DRI/WEFA

 

Table 2. Energy Consumption and Carbon Dioxide Emissions in the Caucasus Region, 1999

Country

Total Energy Consumption (Quadrillion Btu)

Petro-leum

Natural Gas

Coal

Nu-clear

Hydro-electric

Other Electricity

Net Electricity Imports

Carbon Dioxide Emissions (Million metric tons of carbon)

Armenia

0.96

9.0%

48.4%

0.1%

25.6%

16.9%

0%

0%

0.8

Azerbaijan

0.55

56.5%

39.0%

0%

0%

4.2%

0%

0.4%

12.7

Georgia

0.16

31.9%

27.6%

0.1%

0%

42.4%

0%

-2.0%

1.6

Total/
weighted average

1.67

26.8%

43.3%

0.7%

14.7%

15.2%

0%

-1.6%

15.1

Source: Energy Information Administration
Note: percentages may not add up to 100% due to rounding.

 

Table 3. Energy Supply Indicators, Caucasus Region

Country

Proven Crude Oil Reserves, 1/1/02E (Million Barrels)

Natural Gas Reserves, 1/1/02E (Trillion Cubic Feet)

Coal Reserves, 1/1/01 (Million Short Tons)

Petroleum Production, 2001 (Thousand Barrels Per Day)

Natural Gas Production, 2000 (Billion Cubic Feet)

Coal Production, 2000 (Million Short Tons)

Electric Generating Capacity, 2000 (Gigawatts)

Crude Oil Refining Capacity, 1/1/02E (Thousand Barrels Per Day)

Armenia

0

0

minimal

0

0

.003

2.7

0

Azerbaijan

1,178

4.4

0

311

200

0

4.8

442

Georgia

35

0.3

minimal

2

2.1

.022

4.5

110

Total

1,213

4.7

minimal

313

202.1

.025

12.0

552

Source: Energy Information Administration


Sources for this report include: AFX-Asia, Agence France Presse, Asia Pulse, Associated Press, BBC Monitoring Trans Caucasus Unit, Central Asia & Caucasus Business Report, Caspian News Agency, Caspian Business Report, CIA World Factbook, DRI/WEFA Eurasian Economic Outlook, The Economist, The Financial Times, FSU Oil and Gas Monitor, Interfax News Agency, The International Herald Tribune, ITAR-TASS News Agency, The Moscow Times, Petroleum Economist, PlanEcon, PR Newswire, Radio Free Europe/Radio Liberty, Reuters, RosBusinessConsulting Database, Russian Economic News, The Russian Oil & Gas Report, Turkish Daily News, U.S. Department of Energy, U.S. Energy Information Administration, U.S. Department of State, and World Markets Online.