Bank of Georgia Financial Snapshot and Loan Portfolio Quality
Strong external inflows underpinning economic growth
Export of goods
Export of goods, US$ bn
-% change y-o-y
Import of goods
Import of goods, US$ bn
-% change y-o-y
2.0
1.6
1.2
0.8
50%
5.0
1.6
1.5
40%
4.0
30%
3.0
14.8%
20%
2.0
50%
3.6
3.7
40%
30%
20%
11.8%
0.4
10%
1.0
10%
0.0
0%
0.0
0%
-0.4
-10%
-1.0
-10%
1Q21 2Q21 3Q21 4Q21 1Q22 2Q22
3Q22 4Q22 1Q23
2Q23
1Q21 2Q21 3Q21 4Q21 1Q22
2Q22 3Q22 4Q22 1Q23 2Q23
Remittances
Tourism inflows
Remittances inflow, US$ bn
--% change y-o-y
2.0
150%
16
2.0
1.6
120%
Tourism revenues, US$ bn
--Tourism revenues, % of 2019 level
--Tourist (overnight) trips, % of 2019 level
1.2
90%
1
1.5
1.3
1.1
0.8
60%
1.0
0.4
30%
0.5
0.0
0%
150%
115.0%
120%
87.2%
90%
1.0
60%
0.8
30%
-0.4
1Q21 2Q21 3Q21 4Q21 1Q22
2Q22
3Q22 4Q22 1Q23
-10.5%
2Q23
-30%
0.0
0%
1Q21 2Q21 3Q21
4Q21 1Q22 2Q22
3Q22
4Q22 1Q23 2Q23
6
Source: GeoStat, NBG, GNTAView entire presentation