BANK OF GEORGIA Financial Performance and Strategy
US$ mln
US$ mln
Current Account Deficit
Exports and Imports*
Remittances
Exports of goods & services CAGR (04-09): 14%
Imports of goods & services CAGR ('04-'09): 16%
7,499.0
8,000
7,000
5,916.9
6,000
755.4
5,000
4,412.9
3,688.4
4,000
3,317.9
420.5
3,182.4
3,000
2,492.8
2,551.6
2,187.5
1,865.3
1,646.9
2,000
315.4
1,288.5
212.7
1,000
165.8
0
2003
*Export and Import of goods and services
Source: Central Bank of Georgia
Current Account Deficit
917.9
5,266.8
766.5
3,199.2
2004
2005
2006
2007
2008
2009
Donor inflows (DI)
Total private capital inflows (TPCI)
CAD
CAD as % of GDP
CAD+TPCI+DI as % of GDP
5,000
15.0%
4,000
7.8%
10.1%
10.0%
3,000
2.6%
2.9%
4.2%
2.3%
3.1%
5.0%
2,971.6
2,000
1,261.5
0.0%
682.8
1,000
2,043.8
342.4
389.4
0
98.3.
(383.3)
160.3 -6.9%
176.7
(353:5)
(709.2)
1,240.6
261.7
(1,174.6)
942.0
1,092.6
-5.0%
276.2
(2,009.1)
(1,274.3)
(2,915.3)
-10.0%
-1,000
-9.6%
-11.1%
-11.9%
-15.0%
-2,000
-15.1%
-3,000
-20.0%
-19.7%
-4,000
2003
2004
2005
2006
2007
-22.8%
2008
-25.0%
2009
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, Minister of Finance of Georgia
Loka
BANK OF GEORGIA
www.bog.ge/ir
April 2010
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