Agriculture as share of GDP dropping
By Messenger Staff
Thursday, April 26Economic analysts widely agree that the agriculture sector in Georgia is in poor shape. In 1992, the agricultural share of GDP was approximately 33; in 2003 it was 19% and in 2009 it fell to 8%. This is dramatic, as more than half of the population lives in rural areas.
There are a number of reasons for the lack of proper exploitation of Georgia's agricultural sector – poor techniques, lack of capital, disorganized irrigation. Some previously leading agricultural products, like tobacco or silk, have almost ceased production. Georgia, too, imports a variety of vegetables that it could easily grow itself.