Financial account balance (assets less liabilities), Net (net) in Georgia
Georgia: Financial account balance (assets less liabilities), Net (net) was -1.74 billion in 2024. ▼ Falling
Financial account balance (assets less liabilities), Net (net) in Georgia, 2005–2024
Source: International Monetary Fund.
Analysis
Georgia recorded -1.74 billion for financial account balance (assets less liabilities), net (net) in 2024.
The figure is down 2.8% on the previous year and up 2.4% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Georgia peaked at -612.78 million in 2005 and was at its lowest, -2.76 billion, in 2008.
That places Georgia 152nd out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Financial account balance (assets less liabilities), Net (net) in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -612.78 million | — |
| 2006 | -1.10 billion | +79.0% |
| 2007 | -1.95 billion | +77.4% |
| 2008 | -2.76 billion | +41.9% |
| 2009 | -927.29 million | -66.4% |
| 2010 | -1.06 billion | +14.7% |
| 2011 | -1.74 billion | +63.2% |
| 2012 | -1.88 billion | +8.1% |
| 2013 | -880.92 million | -53.1% |
| 2014 | -1.79 billion | +103.0% |
| 2015 | -1.78 billion | -0.3% |
| 2016 | -1.83 billion | +2.4% |
| 2017 | -1.27 billion | -30.7% |
| 2018 | -1.25 billion | -1.2% |
| 2019 | -1.08 billion | -13.4% |
| 2020 | -2.04 billion | +88.2% |
| 2021 | -1.92 billion | -5.8% |
| 2022 | -1.05 billion | -45.6% |
| 2023 | -1.70 billion | +62.3% |
| 2024 | -1.74 billion | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.47 billion | -2.76 billion | -612.78 million | 5 |
| 2010s | -1.46 billion | -1.88 billion | -880.92 million | 10 |
| 2020s | -1.69 billion | -2.04 billion | -1.05 billion | 5 |
Countries ranked near Georgia
More external debt data for Georgia
- IFC, private nonguaranteed 120.89 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 31.71 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0035 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -810.86 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.6% (2024)
- Net financial flows, IDA -104.43 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -27.39 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0031 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 153.07 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.5% (2024)
Frequently asked questions
- What is financial account balance (assets less liabilities), net (net) in Georgia?
- Financial account balance (assets less liabilities), net (net) in Georgia was -1.74 billion in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Georgia?
- The highest recorded value was -612.78 million in 2005.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Georgia?
- The lowest recorded value was -2.76 billion in 2008.
- How does Georgia rank for financial account balance (assets less liabilities), net (net)?
- Georgia ranks 152nd out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Georgia?
- Over the last ten years it is up 2.4%. The long-run trend across the full record is falling.
- Where does this Georgia data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.