Georgia - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Georgia was -19.293 as of 2020. Its highest value over the past 33 years was 0.704 in 1987, while its lowest value was -51.358 in 1994.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1987 | 0.704 |
| 1988 | -4.110 |
| 1989 | -2.778 |
| 1990 | -5.333 |
| 1991 | -3.646 |
| 1992 | -30.630 |
| 1993 | -24.861 |
| 1994 | -51.358 |
| 1995 | -16.825 |
| 1996 | -19.044 |
| 1997 | -26.533 |
| 1998 | -20.649 |
| 1999 | -19.041 |
| 2000 | -16.672 |
| 2001 | -14.407 |
| 2002 | -13.171 |
| 2003 | -14.722 |
| 2004 | -16.783 |
| 2005 | -18.012 |
| 2006 | -24.184 |
| 2007 | -26.757 |
| 2008 | -29.772 |
| 2009 | -19.103 |
| 2010 | -16.990 |
| 2011 | -18.171 |
| 2012 | -18.910 |
| 2013 | -12.158 |
| 2014 | -16.906 |
| 2015 | -17.044 |
| 2016 | -15.226 |
| 2017 | -10.985 |
| 2018 | -10.638 |
| 2019 | -8.962 |
| 2020 | -19.293 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
