Georgia Current Account  2000-2017 | Data | Chart | Calendar | Forecast

Georgia posted a current account deficit of 303.91 USD million in the second quarter of 2017, compared to a gap of 472.36 USD million in the same quarter the prior year, a preliminary estimate showed. It was the smallest current account deficit since the September quarter 2014, as the services account surplus increased to 527.33 USD billion (from 365.72 million in Q2 2016). On the other hand, the goods account deficit narrowed to 858.32 USD million from 983.67 USD million while income account deficit went up to 242.08 USD million (from 140.94USD million). Current Account in Georgia averaged -324.15 USD Million from 2000 until 2017, reaching an all time high of -37.97 USD Million in the third quarter of 2001 and a record low of -925.65 USD Million in the second quarter of 2008.

Georgia Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2017-03-31 11:00 AM Current Account $-701.88M $-339.4M $ -463.8M
2017-06-30 10:00 AM Current Account $-401.08M $-716.53M $ -480M
2017-09-30 11:20 PM Current Account $-303.91M $-399.15M8M $ -534.9M
2017-12-29 06:00 AM Current Account $-303.91M $ -400.6M


Georgia Trade Last Previous Highest Lowest Unit
Balance of Trade -427.30 -468.80 -6.34 -629.01 USD Million [+]
Exports 257.50 236.10 311.74 7.09 USD Million [+]
Imports 684.80 705.00 861.98 14.82 USD Million [+]
Current Account -303.91 -399.15 -37.97 -925.65 USD Million [+]
Current Account to GDP -13.30 -12.00 -5.27 -22.07 percent [+]
Remittances 338896.00 290065.00 410483.00 33643.00 USD Thousands [+]
Foreign Direct Investment 346.60 404.40 726.00 75.60 USD Million [+]
Capital Flows 365.60 399.10 879.30 1.50 USD Million [+]
Crude Oil Production 0.40 0.40 2.80 0.40 BBL/D/1K [+]
External Debt 16416.51 15642.87 16416.51 4175.11 USD Million [+]
Terrorism Index 1.26 2.37 4.83 1.26 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Georgia Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Georgia Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Georgia Current Account - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-303.91 -399.15 -37.97 -925.65 2000 - 2017 USD Million Quarterly




current account by Country

Last
Australia -9562.00 Jun/17
Brazil -302.50 Aug/17
Canada -16319.00 Jun/17
China 508.87 Jun/17
Euro Area 29.61 Aug/17
France -1468.00 Aug/17
Germany 17800.00 Aug/17
India -14300.00 Jun/17
Indonesia -4962.50 Jun/17
Italy 3679.00 Aug/17
Japan 2380.40 Aug/17
Mexico -321.10 Jun/17
Netherlands 15416.30 Jun/17
Russia 1200.00 Sep/17
South Korea 6061.10 Aug/17
Spain 2977.00 Jul/17
Switzerland 18748.00 Jun/17
Turkey -1237.00 Aug/17
United Kingdom -23182.00 Jun/17
United States -123137.00 Jun/17