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Georgia Current Account Value and percent from GDP

Georgia Current Account Data

Indicator Data Period
Current Account to GDP -3.1 % 2022
Current Account -366 USD Million | -0.366 B USD 2Q/23


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Georgia - Historical Data (%)

What is ratio of Georgia Current Account to GDP?

  • The deficit of Current Account to GDP in Georgia increased to 3.1 % in 2022. The maximum surplus was -5.27 % and deficit was -22.07 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
-3.1 2022 12.04.2023
-9.8 2021 06.05.2022
-12.3 2020 21.06.2021
-5.1 2019 12.01.2021
-7.7 2018 28.05.2019
-8.7 2017 24.10.2018
-13.3 2016 11.08.2017
-12 2015 31.12.2015


Historical Chart by presidents (%)

Current Account to GDP in Georgia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Giorgi Margvelashvili 17.11.2013 - 16.12.2018 -5.8000 -13.3000 -5.8000 -13.3000 129.31%
Mikheil Saakashvili 25.01.2004 - 17.11.2013 -6.9000 -11.7000 -6.9000 -22.0700 69.57%
Eduard Shevardnadze 26.11.1995 - 23.11.2003 -18.5900 -6.3600 -5.2700 -18.5900 -65.79%


Latest data on Current Account (USD Million)

Current Account
                     Georgia - Historical Data (USD Million)

What is Georgia Current Account Deficit?

  • The deficit of Current Account in Georgia increased to 366 USD Million (0.366 B USD) in the second quarter of 2023. The maximum value was 20.5 USD Million and minimum was -920 USD Million.
  • Data published Quarterly by Central Bank.

Historical Data (USD Million) by years

Data
Period
Date
-366 2Q/23 29.09.2023
-201 1Q/23 30.06.2023
-540 4Q/22 31.03.2023
400 3Q/22 30.12.2022
-252 2Q/22 13.10.2022
-598 1Q/22 30.06.2022
-531 4Q/21 31.03.2022
-368 3Q/21 18.01.2022


Historical Chart by presidents (USD Million)

Current Account in Georgia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Giorgi Margvelashvili 17.11.2013 - 16.12.2018 -473.4900 -582.0000 -130.6100 -742.9100 22.92%
Mikheil Saakashvili 25.01.2004 - 17.11.2013 -108.9400 -78.5800 -67.1700 -925.6500 -27.87%
Eduard Shevardnadze 26.11.1995 - 23.11.2003 -59.2600 -55.4600 -37.9700 -110.3000 -6.41%

Other trade indicators in Georgia

Index Updated Actual Previous
Balance of Trade Aug/23 -0.782 B USD -0.664
Capital Flows 2Q/23 -0.367 B USD -0.337
Exports Aug/23 0.492 B USD 0.523
Foreign Exchange Reserves Sep/23 1.792 B USD 1.852
Imports Aug/23 1.274 B USD 1.186

Current Account to GDP in other countries

Country Updated Actual Previous
Bangladesh 2022 -4.1 % -1.1
Jordan 2022 -6.7 % -8.8
Kyrgyzstan 2022 -26.8 % -8.5
Mongolia 2022 -15.8 % -12.8
Nepal 2022 -12.8 % -7.8
Palestine 2022 -15 % -9.8
Tajikistan 2022 6.2 % 8.2
Cambodia 2022 -26.9 % -47.9
China 2022 2.2 % 1.8
Georgia 2022 -3.1 % -10.4
India 2022 -2.6 % -1.2
Israel 2022 2.5 % 4.7
Pakistan 2023 -0.7 % -4.7
South Korea 2022 3.2 % 4.9
Taiwan 2022 14.8 % 14.8
Vietnam 2022 -0.9 % -2.1
Maldives 2022 -16.6 % -8.4
Armenia 2022 0.1 % -3.7
Hong Kong 2022 10.7 % 11.8
Indonesia 2022 1 % 0.3
Japan 2022 1.9 % 3.9
Kazakhstan 2022 3 % -2.9
Lebanon 2021 -12.9 % -9.4
Macau 2022 -2.4 % 13.8
Malaysia 2022 2.6 % 3.8
Philippines 2022 -4.4 % -1.5
Qatar 2022 26 % 14.7
Singapore 2022 19.3 % 18
Sri Lanka 2022 -1.9 % -3.8
Thailand 2022 -0.5 % -2.2
Oman 2022 3.2 % -4.9
Iran 2022 4.7 % 3.9
Laos 2022 -0.07 % 2.35
Azerbaijan 2022 30.5 % 15.2
Kuwait 2022 28.5 % 23.7
Saudi Arabia 2022 13.8 % 5.1
Bahrain 2022 15.4 % 6.6
United Arab Emirates 2022 11.7 % 11.6
Yemen 2018 -0.01 % -0.1
Turkmenistan 2022 5.7 % 6.5
Uzbekistan 2022 1.4 % -7
Iraq 2022 16.3 % 7.8
Syria 2010 -0.62 % -2.15
Afghanistan 2020 -17.3 % -2.7
Bhutan 2022 -33.8 % -12.4
Brunei 2022 11.2 % 4.6
Mauritius 2021 -13.8 % -11.7