Georgia Current Account to GDP  1996-2017 | Data | Chart | Calendar

Georgia recorded a Current Account deficit of 12.60 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Georgia averaged -11.40 percent from 1996 until 2016, reaching an all time high of -5.27 percent in 2000 and a record low of -22.07 percent in 2008.

Georgia Current Account to GDP
Receive the next reported value for Georgia Current Account to GDP in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2013-05-01 10:00 AM 2012 -12.0% -12.8%




Georgia Trade Last Previous Highest Lowest Unit
Balance of Trade -379.90 -400.00 -6.34 -664.05 USD Million [+]
Exports 211.60 220.80 311.74 7.09 USD Million [+]
Imports 591.60 620.90 861.98 14.82 USD Million [+]
Current Account -701.88 -339.38 -37.97 -925.65 USD Million [+]
Current Account to GDP -12.60 -11.70 -5.27 -22.07 percent [+]
Remittances 319249.00 306686.00 410483.00 33643.00 USD Thousands [+]
Foreign Direct Investment 330.30 468.50 726.00 75.60 USD Million [+]
Capital Flows 590.20 344.20 899.80 1.50 USD Million [+]
Crude Oil Production 0.40 0.40 2.80 0.40 BBL/D/1K [+]
External Debt 15496.18 15332.35 15496.18 4175.11 USD Million [+]
Terrorism Index 1.26 2.37 4.83 1.26 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Georgia Current Account to GDP Notes

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Georgia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-12.60 -11.70 -5.27 -22.07 1996 - 2016 percent Yearly



current account to gdp by Country

Last
Switzerland 11.00 Dec/15
Netherlands 9.10 Dec/15
Germany 8.80 Dec/15
South Korea 7.00 Dec/16
Euro Area 3.70 Dec/15
Japan 3.70 Dec/16
Italy 2.20 Dec/15
China 1.80 Dec/16
Russia 1.80 Dec/16
Spain 1.50 Dec/15
India -0.90 Dec/16
Brazil -1.30 Dec/16
France -1.40 Dec/15
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/15
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16