Georgia: Trade balance, in dollars

* indicates monthly or quarterly data series
 Georgia

Trade balance, billion USD

 Latest value -2.69
 Year 2024
 Measure billion U.S. dollars
 Data availability 1997 - 2024
 Average -1.91
 Min - Max -3.81 - -0.44
 Source The World Bank
The latest value from 2024 is -2.69 billion U.S. dollars, a decline from -2.64 billion U.S. dollars in 2023. In comparison, the world average is 4.90 billion U.S. dollars, based on data from 109 countries. Historically, the average for Georgia from 1997 to 2024 is -1.91 billion U.S. dollars. The minimum value, -3.81 billion U.S. dollars, was reached in 2008 while the maximum of -0.44 billion U.S. dollars was recorded in 2002. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Georgia - Trade balance, in dollars - Recent values chart

Historical series
Georgia - Trade balance, in dollars - historical chart - 1997-2024




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

Selected articles from our guide:

Are trade deficits bad for the economy?

Sources of economic growth

Currency values and investment returns

How to write an economics research paper

All articles



 Related indicators Latest Reference Measure
 Terms of trade 97.20 2023 percent
 Trade openness 104.34 2024 percent
 Financial openness 2.290 2022 index points
 Exports, percent of GDP 48.36 2024 percent
 Exports, billion dollars 16.34 2024 billion U.S. dollars
 Growth of exports 5.90 2024 percent
 Imports, percent of GDP 55.97 2024 percent
 Imports, billion dollars 18.90 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 4.05 2024 percent
 Foreign Direct Investment, billion dollars 1.37 2024 billion U.S. dollars
 Portfolio investment inflows, equities 0.18 2024 million dollars (current)
 Current account, percent of GDP -5.22 2024 percent
 Current account, in dollars -1.53 2024 billion U.S. dollars
 Trade balance, percent of GDP -7.61 2024 percent
 Trade balance, in dollars -2.69 2024 billion U.S. dollars
 Reserves 4.45 2024 billion U.S. dollars
 Remittances, percent of GDP 14.74 2023 percent
 Remittances 3,999.18 2024 million U.S. dollars
 Net errors and omissions 41.09 2024 million USD
 External debt 74.42 2024 percent
 Short-term external debt 19.27 2024 percent
 Short-term debt to reserves 108.93 2024 percent
 External debt in foreign currencies 88.54 2024 percent
This site uses cookies.
Learn more here


OK