Income and fertility
Gross domestic product (GDP) is the total dollar value of all goods an economy produces over a given time, usually expressed as a comparison to the previous quarter or year. If the year to year GDP is up 5 percent, then the economy has grown 5 percent. There are two approaches - the income approach (adding up all earnings over a year) and the expenditures approach (adding up what everyone spent). The income approach is described as the total employee compensation, gross profit for corporations and non-incorporated firms, and taxes minus subsidies. The expenditures method is more common and it specifically combines total consumption within households, and the total investment within a business. It also reveals how much money the government is spending and the balance of trade. Another factor by which is not promptly supportive are the youngsters who play a role within GDP. They clearly do not add to it and do not help the stock and bond market returns. Youngsters are wellsprings of advancement, entrepreneurial souls and play a major incentive to GDP.
Tbilisi
With a GDP at basic prices of 12,147 Million Georgian lari(€4.3 billion) in 2014, Tbilisi is the economic center of the country, generating almost 50 percent of Georgia's GDP. The service sector, including government services, is dominating and contributes 88 percent to GDP. Its GDP per capita of 10,336 Georgian Lari(€3,600) is exceeding the national average by more than 50 percent. The service sector itself is dominated by the wholesale and retail trade sector, reflecting the role of Tbilisi as transit and logistics hub for the country and the South Caucasus. The manufacturing sector contributes only 12 percent to Tbilisi's GDP, but is much larger, by employment and total value added, than the manufacturing sectors in any other region of Georgia. The unemployment rate in Tbilisi is – with 22.5 percent – significantly higher in Tbilisi than in the regions.