Georgia's Economic Outlook 2020
DIVERSIFIED SOURCES OF CAPITAL
STRONG FOREIGN INVESTOR INTEREST
Source: Geostat
58
TOURIST ARRIVALS AND REVENUES ON THE RISE
2.5
25%
4.0
Source: NBG, Geostat
25%
2.0
20%
18.3% 18.4%
16.6%
20%
3.0
1.5
10.4%
11.6% 10.9%
12.1%
15%
13.9%
12.5%
15%
1.0
7.1% 7.5%
10.0% 10.1%
6.4% 6.0%
7.2% 7.1%
2.0
10%
8.6%
5.4% 6.3%
10%
0.5
5%
1.0
5%
0.0
0%
0.0
0%
I FDI, US$ bn
――FDI as % of GDP
REMITTANCES - STEADY SOURCE OF EXTERNAL
༔ རྞ ༔ ༔ ༔ ༔ ༔ རྩྭ ༔ ༔
Tourism revenues, US$ bn
Tourism revenues as % of GDP
PUBLIC EXTERNAL BORROWING FOR CAPEX, % OF
GDP
Source: MOF, Geostat
FUNDING
Source: NBG, Geostat
2.1
9.8%
7%
1.8 8.6% 8.4% 8.1%
8.6% 8.2%
9.0%
8.5%
5.8%
1.5
7.2% 7.6%
10%
6%
5.4%
1.7
5%
1.2
0.9
29
1.6
1.5
1.4
1.3
1.3
1.4
4%
1.1
1.1
1.2
12
5%
3%
0.6
2%
0.3
1%
0.0
0%
0%
Remittances, US$ bn
Remittances as % of GDP
3.2%
3.3%
3.1%
3.0% 3.1%
2.5%
2.8%
2.0%
2019EView entire presentation