Georgia Current Account - Forecast

Current Account in Georgia is expected to be -232.75 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Georgia to stand at -352.00 in 12 months time. In the long-term, the Georgia Current Account is projected to trend around -285.23 USD Million in 2020, according to our econometric models.


Georgia Current Account
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Georgia Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -371 -461 -454 -448 -443 -394
Exports 222 242 238 236 233 206
Imports 594 712 695 688 682 623
Current Account -131 -233 -303 -255 -352 -285
Current Account to GDP -13.3 -11 -11 -11 -11 -9
Terrorism Index 2.11 2.26 2.51 2.75 2.99 3.75
Remittances 367073 331905 332271 339623 281000 295000
Foreign Direct Investment 594 439 389 382 360 309
Capital Flows 200 277 297 280 290 293
Crude Oil Production 0.4 0.72 0.78 0.84 0.89 1.24
External Debt 16713 17258 17421 17535 17608 17042