Georgia Balance of Trade  Forecast


Georgia Balance of Trade
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Balance of Trade in Georgia is expected to be -526.34 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Georgia to stand at -508.83 in 12 months time. In the long-term, the Georgia Balance of Trade is projected to trend around -452.90 USD Million in 2020, according to our econometric models.


Georgia Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -557 -526 -520 -514 -509 -453
Exports 288 267 266 263 261 245
Imports 845 797 788 782 776 714
Current Account -131 -233 -303 -255 -352 -283
Current Account to GDP -13.3 -11 -11 -13.19 -11 -9
Terrorism Index 2.11 2.26 2.51 2.75 2.99 4.09
Remittances 367073 331905 332271 339623 281000 295000
Foreign Direct Investment 347 322 315 310 307 300
Capital Flows 366 361 355 350 346 324
Crude Oil Production 0.4 0.72 0.78 0.84 0.89 1.17
External Debt 16713 17258 17421 17535 17608 17379