Georgia recorded a Current Account deficit of 12.30 percent of the country's Gross Domestic Product in 2020. source: National Bank of Georgia
Current Account to GDP in Georgia averaged -10.99 percent of GDP from 1996 until 2020, reaching an all time high of -5.27 percent of GDP in 2000 and a record low of -22.07 percent of GDP in 2008. This page provides - Georgia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Current Account to GDP - values, historical data and charts - was last updated on October of 2021.
Current Account to GDP in Georgia is expected to reach -6.80 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Georgia Current Account to GDP is projected to trend around -8.00 percent of GDP in 2022 and -6.50 percent of GDP in 2023, according to our econometric models.