Georgia - Current account balance

Current account balance (BoP, current US$)

The latest value for Current account balance (BoP, current US$) in Georgia was ($1,965,613,000) as of 2020. Over the past 23 years, the value for this indicator has fluctuated between ($175,899,700) in 2000 and ($2,811,211,000) in 2008.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1997 ($514,200,000)
1998 ($275,700,000)
1999 ($198,400,000)
2000 ($175,899,700)
2001 ($197,094,500)
2002 ($216,912,800)
2003 ($382,208,800)
2004 ($356,204,300)
2005 ($695,658,000)
2006 ($1,191,303,000)
2007 ($1,992,056,000)
2008 ($2,811,211,000)
2009 ($1,141,146,000)
2010 ($1,198,804,000)
2011 ($1,843,080,000)
2012 ($1,882,741,000)
2013 ($955,492,500)
2014 ($1,784,183,000)
2015 ($1,767,022,000)
2016 ($1,890,636,000)
2017 ($1,305,566,000)
2018 ($1,191,414,000)
2019 ($960,087,700)
2020 ($1,965,613,000)

Current account balance (% of GDP)

Current account balance (% of GDP) in Georgia was -12.40 as of 2020. Its highest value over the past 23 years was -5.49 in 2019, while its lowest value was -21.97 in 2008.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1997 -14.65
1998 -7.63
1999 -7.09
2000 -5.75
2001 -6.12
2002 -6.39
2003 -9.58
2004 -6.95
2005 -10.85
2006 -15.38
2007 -19.58
2008 -21.97
2009 -10.60
2010 -9.79
2011 -12.20
2012 -11.42
2013 -5.56
2014 -10.12
2015 -11.82
2016 -12.49
2017 -8.04
2018 -6.77
2019 -5.49
2020 -12.40

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments