Investor Presentaiton
BANK OF GEORGIA
DIVERSIFIED SOURCES OF CAPITAL
Strong foreign investor interest
Tourist arrivals and revenues on the rise
FDI, US$ bn
Remittances - steady source of external funding
Source: Geostat
Source: NBG, Geostat
FDI stood at 7.1% of GDP in 9M19 (down 16.9% y/y)
2.0
16%
3.5
18.3% 18.7%
21%
12.1%
16.6%
11.6%
3.0
18%
10.9%
1.5
10.4%
12%
13.9%
2.5
12.5%
15%
7.1%
7.5%
1.0
6.4%
6.0%
7.2%
2.0
10.0% 10.1%
12%
8%
8.6%
1.5
6.3%
9%
5.4%
1.0
0.5
6%
4%
0.5
3%
0.0
0%
0.0
0%
--FDI as % of GDP
Source: NBG, Geostat
7%
2.1
12%
5.8%
9.9%
6%
5.4%
1.8
9.0%
8.6% 8.4%
8.6%
8.5%
10%
8.1%
8.2%
7.6%
1.5
7.2%
1.7
5%
1.6
8%
1.2
1.3
1.3
113
1.5
1.4
1.4
4%
6%
0.9
1.1
==
1.2
1.1
3%
2.5%
4%
0.6
2%
2%
0.3
1%
0.0
0%
0%
Remittances, US$ bn
Remittances as % of GDP
2010
2011
2012
Tourism revenues, US$ bn ―― Tourism revenues as % of GDP
Public external borrowing for capex, % of GDP
2013
2.0%
3.3%
3.2%
3.1% 3.0%
3.1%
IIII
2014
2015
2016
2017
2018
2019E
49
49
2018
Source: MOF, Geostat
2.7%
2019EView entire presentation