Georgia Capital Shareholder and Market Opportunity Overview
2010
2011
2012
Goods, net
Current transfers, net
FDI and capital goods import
Source: GeoStat
2013
30%
The CAB was -12.4% in 2020, with goods trade adjustment and record high remittances
mitigating evaporating service exports
30%
20%
20%
10%
10%
0%
0%
-10%
-10%
-5.6%
-8.1%
-6.8%
-5.5%
-9.8%
-20%
-12.2% -11.4%
-10.2%
-12.4%
-11.8%
-12.5%
-20%
-30%
-30%
-40%
-40%
CURRENT ACCOUNT BALANCE ADJUSTING AFTER
RECORD LOWS
Current account balance (% of nominal GDP)
Sources: NBG
2014
2015
Services, net
Current account
2016
2017
2018
2019
11.7%
11.1%
10.3%
10.3%
8.7%
8.1%
7.9%
7.5%
6.9%
7.2%
7.2%
6.2%
6.5%
5.7%
5.9%
Investment income, net
FDI, inflows
2020
2000
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
IFDI, % of GDP
Capital Goods Import, % of GDP
2001
2002
2003
2004
2005
2006
2007
Exports and Re-exports, US$ billion
Source: NBG
Service exports
■Goods exports, geo-originated
Re-exports
0.5 0.6
0.7 0.9
1.1 1.3 1.3
2.0
1.6
2008
2009
2010
2011
2.6
3.0
4.0
3.0
3.1 3.3
2012
2013
2014
2015
8.5%
7.6%
7.2%
7.8%
7.1%
6.8%
3.9%
73
2016
2017
4.5 4.6
1.6
GEORGIA
CAPITALView entire presentation