Georgia Current Account to GDP - Forecast

Current Account to GDP in Georgia is expected to be -11.00 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -462 -478 -490 -490 -488 -488
Exports 309 290 290 291 291 291
Imports 771 768 781 781 779 779
Current Account -435 -347 -352 -386 -566 -560
Current Account to GDP -13.3 -11 -11 -10 -10 -9
Terrorism Index 2.11 2.75 2.99 3.09 3.19 3.75
Remittances 354973 386600 281000 375928 383542 295000
Foreign Direct Investment 279 410 371 379 373 376
Capital Flows 412 412 451 432 444 438
Crude Oil Production 0.4 0.4 0.4 0.4 0.4 0.4
External Debt 17467 18052 18371 18672 18981 21874