Crude Oil Production in Georgia remained unchanged at 0.40 BBL/D/1K in August from 0.40 BBL/D/1K in July of 2019.

Crude Oil Production in Georgia averaged 1.35 BBL/D/1K from 1994 until 2019, reaching an all time high of 2.80 BBL/D/1K in January of 2003 and a record low of 0.40 BBL/D/1K in September of 2015. This page provides - Georgia Crude Oil Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Georgia is expected to be 0.40 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Georgia to stand at 0.40 in 12 months time. In the long-term, the Georgia Crude Oil Production is projected to trend around 0.40 BBL/D/1K in 2020, according to our econometric models.


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Georgia Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.40 2.80 0.40 1994 - 2019 BBL/D/1K Monthly
NSA
Georgia Trade Last Previous Highest Lowest Unit
Balance of Trade -536.70 -442.80 -6.34 -629.01 USD Million [+]
Current Account 16.47 -144.56 16.47 -920.49 USD Million [+]
Current Account to GDP -7.70 -8.80 -5.27 -22.07 percent [+]
Imports 927.00 788.80 927.00 14.82 USD Million [+]
Exports 390.40 345.90 390.40 7.09 USD Million [+]
Terrorism Index 1.34 1.42 4.83 1.26 [+]
Remittances 421156.00 411157.00 421156.00 33643.00 USD Thousands [+]
Foreign Direct Investment 417.35 204.14 749.52 20.04 USD Million [+]
Capital Flows -11.11 159.48 964.54 -11.11 USD Million [+]
Crude Oil Production 0.40 0.40 2.80 0.40 BBL/D/1K [+]
External Debt 17792.49 18183.57 18183.57 2835.30 USD Million [+]