Investor Presentaiton
Trade structure
Exports and Imports*
8,000
Imports of goods & services CAGR ('04-'09): 16%
Exports of goods & services CAGR ('04-09): 14%
7,499
Income and Transfers
US$ mln
7,000
6,000
5,000
4,413
Current
4,000
3,318
account Deficit
6,215
5,917
5,267
1,178
900
725
849
3,000
2,493
686
amounted
1,865
421
2,000
492
9.8% of GDP
193
1,000
2,552
3,182
in 1H 2010
2,187
3,688
3,199
3,940
1,289
1,647
0
FGEL
2003
2004
2005
2006
2007
2008
2009
2010F
appreciated by
4.6% since
Source: Central Bank of Georgia
June 2010
*Export and Import of goods and services
Current Account Deficit
US$ mln
Donor inflows (DI)
Total private capital inflows (TPCI)
CAD
CAD as % of GDP
CAD+TPCI+DI as % of GDP
5,000
20.0%
14.7%
4,000
15.0%
7.7%
8.6%
7.9%
3,000
5.6%
10.0%
3.2%
5.5%
1.6%
2,982.4
2,000
1,698.4
5.0%
734.8
1,000
479.6
0
351.0
98.3
(383:3) -6.9%
1782)
(709.2)
-1,000
(383.8)
1,508.1
261.7
(1,175.3)
2,291.8
276.2
(2,010.0)
1,423.4
0.0%
942.0
1,092.6
658.0
-5.0%
(1,216.5)
(2,912.3)
(1,096.8)
-10.0%
-9.6%
-11.1%
-11.3%
-2,000
-9.5%
-15.0%
-15.1%
-3,000
-20.0%
-19.8%
-4,000
-22.8%
-25.0%
2009
2010F
2003
2004
2005
2006
2007
2008
Donor Inflows include both public and private sectors. Donor inflows in 2009 adjusted according to the banking sector foreign debt outflows
Source: Central Bank of Georgia, Ministry of Finance of Georgia, BoG Forecasts for 2010
Lak
BANK OF GEORGIA
www.bog.ge/ir
November 2010
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