Services balance (credit less debit), Net (credits less debits) in Georgia
Georgia: Services balance (credit less debit), Net (credits less debits) was 3.89 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Georgia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services balance (credit less debit), net (credits less debits) in Georgia stood at 3.89 billion. That is the highest value across all 20 years on record.
The figure is up 13.0% on the previous year and up 198.0% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Georgia peaked at 3.89 billion in 2024 and was at its lowest, 24.67 million, in 2008.
Georgia ranks 36th of 197 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 102.11 million | — |
| 2006 | 180.16 million | +76.4% |
| 2007 | 172.33 million | -4.3% |
| 2008 | 24.67 million | -85.7% |
| 2009 | 351.66 million | +1325.6% |
| 2010 | 548.33 million | +55.9% |
| 2011 | 753.71 million | +37.5% |
| 2012 | 1.11 billion | +47.0% |
| 2013 | 1.42 billion | +27.8% |
| 2014 | 1.31 billion | -7.8% |
| 2015 | 1.40 billion | +7.5% |
| 2016 | 1.57 billion | +11.9% |
| 2017 | 2.02 billion | +28.8% |
| 2018 | 2.24 billion | +10.8% |
| 2019 | 2.18 billion | -3.0% |
| 2020 | 126.00 million | -94.2% |
| 2021 | 728.11 million | +477.8% |
| 2022 | 2.68 billion | +267.6% |
| 2023 | 3.44 billion | +28.6% |
| 2024 | 3.89 billion | +13.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 166.19 million | 24.67 million | 351.66 million | 5 |
| 2010s | 1.46 billion | 548.33 million | 2.24 billion | 10 |
| 2020s | 2.17 billion | 126.00 million | 3.89 billion | 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 services balance (credit less debit), net (credits less debits) in Georgia?
- Services balance (credit less debit), net (credits less debits) in Georgia was 3.89 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Georgia?
- The highest recorded value was 3.89 billion in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Georgia?
- The lowest recorded value was 24.67 million in 2008.
- How does Georgia rank for services balance (credit less debit), net (credits less debits)?
- Georgia ranks 36th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Georgia?
- Over the last ten years it is up 198.0%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from International Monetary Fund, published as part of Services 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.