Georgia: Current account, in dollars

* indicates monthly or quarterly data series

Current account balance, billion USD

 Latest value -1.33
 Year 2023
 Measure billion U.S. dollars
 Data availability 1997 - 2023
 Average -1.16
 Min - Max -2.81 - -0.18
 Source The World Bank
For that indicator, we provide data for Georgia from 1997 to 2023. The average value for Georgia during that period was -1.16 billion U.S. dollars with a minimum of -2.81 billion U.S. dollars in 2008 and a maximum of -0.18 billion U.S. dollars in 2000. The latest value from 2023 is -1.33 billion U.S. dollars. For comparison, the world average in 2023 based on 111 countries is 3.07 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Georgia - Current account, in dollars - Recent values chart

Historical chart
Georgia - Current account, in dollars - historical chart - 1997-2023

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

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 Related indicators Latest value Reference Measure
 Terms of trade 104.94 2021 percent
 Trade openness 115.64 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 52.91 2022 percent
 Exports, billion dollars 15.08 2023 billion U.S. dollars
 Growth of exports 38.80 2022 percent
 Imports, percent of GDP 62.73 2022 percent
 Imports, billion dollars 17.38 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 8.60 2022 percent
 Foreign Direct Investment, billion dollars 2.13 2022 billion U.S. dollars
 Portfolio investment inflows, equities 2.50 2023 million dollars (current)
 Current account, percent of GDP -5.10 2019 percent
 Current account, in dollars -1.33 2023 billion U.S. dollars
 Trade balance, percent of GDP -9.82 2022 percent
 Trade balance, in dollars -2.63 2023 billion U.S. dollars
 Reserves 4.89 2022 billion U.S. dollars
 Remittances, percent of GDP 15.55 2022 percent
 Remittances 3,853.69 2022 million U.S. dollars
 Net errors and omissions 41.34 2023 million USD
 External debt 104.07 2022 percent
 Short-term external debt 15.88 2022 percent
 Short-term debt to reserves 77.95 2022 percent
 Foreign exchange reserves 5.27 9/2023 billion
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