Georgia Current Account to GDP  Forecast


Current Account to GDP in Georgia is expected to be -12.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Current Account to GDP is projected to trend around -9.00 percent in 2020, according to our econometric models.


Georgia Current Account to GDP
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Georgia Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -427 -435 -431 -426 -422 -385
Exports 258 243 240 238 235 217
Imports 685 677 671 666 660 616
Current Account -304 -555 -299 -326 -296 -299
Current Account to GDP -13.3 -12.5 -11 -11 -12.98 -9
Remittances 338896 272000 312718 317851 318814 295000
Foreign Direct Investment 347 330 322 315 310 300
Capital Flows 366 370 361 355 350 324
Crude Oil Production 0.4 0.65 0.72 0.78 0.84 1.17
External Debt 16417 16977 17180 17327 17428 17205
Terrorism Index 1.26 1.96 2.18 2.4 2.62 4.06