Georgia Current Account - Forecast

Current Account in Georgia is expected to be -382.20 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 -395.30 in 12 months time. In the long-term, the Georgia Current Account is projected to trend around -559.50 USD Million in 2020, according to our econometric models.


Forecast Data Chart
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Georgia Trade Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -410 -482 -479 -490 -493 -485
Exports 302 299 302 305 309 342
Imports 711 781 781 795 802 827
Current Account -382 -382 -386 -566 -395 -560
Current Account to GDP -13.3 -11 -10 -10 -10 -9
Terrorism Index 2.11 2.15 2.19 2.19 2.19 2.3
Remittances 389221 363000 349000 351000 356000 379000
Foreign Direct Investment 389 409 523 373 384 376
Capital Flows 321 451 450 442 435 438
Crude Oil Production 0.4 0.4 0.4 0.4 0.4 0.4
External Debt 17411 17950 18100 18230 18510 20500