Tracking Georgia's Economic Recovery
CURRENT ACCOUNT DEFICIT SUPPORTED BY FDI
CURRENT ACCOUNT BALANCE (% OF NOMINAL GDP)
59
Source: NBG, Geostat
30%
20%
6.0%
Goods, net
Services, net
6.5%
Income, net
4.6%
5.3%
9.5%
Transfers, net
CA deficit
-net FDI
10.5%
8.1%
8.2%
5.5%
5.8%
10%
0%
-10%
-5.6%
-8.0%
-6.8%
-5.4%
-20%
-9.8%
-12.2%
-11.4%
-10.2%
-11.8%
-12.5%
-30%
-40%
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
FDI AND CAPITAL GOODS IMPORT
Source: Geostat
BUILDING INTERNATIONAL RESERVES, US$ BN
16%
Source: NBG
12.2%
11.6%
10.9%
3.8
4.0
12%
3.5
10.4%
3.3
3.5
8.5%
7.1% 7.5% 8.1%
7.8%
3.0
2.8 2.9 2.8 2.7
3.0
2.8
2.5
8%
6.5%
6.7%
2.3
2.5
2.1
8.7%
7.2% 6.4%
7.2% 7.9%
7.4% 7.4%
7.6%
2.0
4%
6.0%
1.5
5.7%
5.6%
1.5
1.0
0%
0.5
2015
0.0
FDI to GDP, %
11
Capital goods imports to GDP, %
2008View entire presentation