Current account balance (credit less debit), Net (credits less debits) in Georgia
Georgia: Current account balance (credit less debit), Net (credits less debits) was -1.79 billion in 2024. ▬ Flat
Current account balance (credit less debit), Net (credits less debits) in Georgia, 2005–2024
Source: International Monetary Fund.
Analysis
Georgia recorded -1.79 billion for current account balance (credit less debit), net (credits less debits) in 2024.
That represents a change of down 9.3% on the previous year and down 0.1% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Georgia peaked at -645.06 million in 2022 and was at its lowest, -2.81 billion, in 2008.
That places Georgia 147th out of 198 countries with data for 2024, putting it in the middle of the range.
Current account balance (credit less debit), Net (credits less debits) in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -695.66 million | — |
| 2006 | -1.19 billion | +71.2% |
| 2007 | -1.99 billion | +67.2% |
| 2008 | -2.81 billion | +41.1% |
| 2009 | -1.14 billion | -59.4% |
| 2010 | -1.20 billion | +5.1% |
| 2011 | -1.84 billion | +53.7% |
| 2012 | -1.88 billion | +2.2% |
| 2013 | -955.49 million | -49.2% |
| 2014 | -1.78 billion | +86.7% |
| 2015 | -1.77 billion | -1.0% |
| 2016 | -1.89 billion | +7.0% |
| 2017 | -1.31 billion | -30.7% |
| 2018 | -1.19 billion | -9.0% |
| 2019 | -1.06 billion | -11.3% |
| 2020 | -1.99 billion | +88.1% |
| 2021 | -1.94 billion | -2.5% |
| 2022 | -645.06 million | -66.7% |
| 2023 | -1.63 billion | +153.2% |
| 2024 | -1.79 billion | +9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.57 billion | -2.81 billion | -695.66 million | 5 |
| 2010s | -1.49 billion | -1.89 billion | -955.49 million | 10 |
| 2020s | -1.60 billion | -1.99 billion | -645.06 million | 5 |
Countries ranked near Georgia
More financial sector data for Georgia
- Net domestic credit (current LCU), per capita 19,315 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.99 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 13.13 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 8.03 million SDR (2025)
- Gold reserves at market value 731.88 million SDR (2025)
- Reserves excluding gold, foreign exchange 3.42 billion SDR (2025)
- Reserves excluding gold 3.76 billion SDR (2025)
- Total reserves (gold at market value) 4.50 billion SDR (2025)
- Total reserves (gold at national valuation) 4.50 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,142 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Georgia?
- Current account balance (credit less debit), net (credits less debits) in Georgia was -1.79 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Georgia?
- The highest recorded value was -645.06 million in 2022.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Georgia?
- The lowest recorded value was -2.81 billion in 2008.
- How does Georgia rank for current account balance (credit less debit), net (credits less debits)?
- Georgia ranks 147th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Georgia?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is flat.
- Where does this Georgia data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.