Georgia - Trade in services (% of GDP)

Trade in services (% of GDP) in Georgia was 19.16 as of 2020. Its highest value over the past 23 years was 40.20 in 2019, while its lowest value was 12.75 in 1997.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

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

See also:

Year Value
1997 12.75
1998 19.66
1999 15.75
2000 21.72
2001 21.47
2002 23.06
2003 22.13
2004 20.61
2005 21.43
2006 21.26
2007 20.07
2008 19.67
2009 21.43
2010 22.32
2011 21.74
2012 24.36
2013 26.44
2014 27.12
2015 31.90
2016 33.38
2017 36.67
2018 38.28
2019 40.20
2020 19.16

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments