Georgia Current Account Balance: % of GDP

Key information about Georgia Current Account Balance: % of GDP

• Georgia Current Account surplus accounted for 0.6 % of the country's Nominal GDP in Sep 2024, compared with a 7.4 % deficit in the previous quarter.
• Georgia Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1996 to Sep 2024, with an average value of -10.4 %.
• The data reached an all-time high of 4.8 % in Sep 2022 and a record low of -29.9 % in Mar 2008.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The National Bank of Georgia provides Current Account Balance in USD based on BPM6. The National Statistics Office of Georgia provides Nominal GDP in USD based on SNA 2008. Current Account Balance as % of Nominal GDP prior to Q1 2010 is calculated from Nominal GDP based on SNA 1993. Current Account Balance prior to Q1 2000 is based on BPM5.


Key information about Georgia Current Account Balance: % of GDP

• In the latest reports of Georgia, Current Account recorded a deficit of 200.5 USD mn in Mar 2023.
• Foreign Direct Investment (FDI) increased by 198.4 USD mn in Sep 2024.
• Georgia Direct Investment Abroad expanded by 118.0 USD mn in Sep 2024.
• Its Foreign Portfolio Investment increased by 357.3 USD mn in Sep 2024.
• The country's Nominal GDP was reported at 9.2 USD bn in Sep 2024.

View Georgia's Current Account Balance: % of GDP from Mar 1996 to Sep 2024 in the chart:

What was Georgia's Current Account Balance: % of GDP in Sep 2024?

Georgia Current Account surplus accounted for 0.6 % of the country's Nominal GDP in Sep 2024, compared with a 7.4 % deficit in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
0.6 Sep 2024	-7.4 Jun 2024	-29.9 Mar 2008	4.8 Sep 2022	%	quarterly	Mar 1996 - Sep 2024

Current Account Balance: % of GDP by Country Comparison

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