External balance on goods and services in Georgia
Georgia: External balance on goods and services was -7.13 billion constant LCU in 2025. ▬ Flat
External balance on goods and services in Georgia, 2019–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Georgia recorded -7.13 billion constant LCU for external balance on goods and services in 2025.
Compared with earlier readings it is up 0.5% on the previous year and down 55.9% over ten years.
Georgia ranks 91st of 161 countries on this measure, in the middle of the range.
External balance on goods and services in Georgia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2019 | -4.58 billion constant LCU | — |
| 2020 | -9.46 billion constant LCU | +106.7% |
| 2021 | -7.80 billion constant LCU | -17.5% |
| 2022 | -4.86 billion constant LCU | -37.7% |
| 2023 | -5.48 billion constant LCU | +12.8% |
| 2024 | -7.17 billion constant LCU | +30.8% |
| 2025 | -7.13 billion constant LCU | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -4.58 billion constant LCU | -4.58 billion constant LCU | -4.58 billion constant LCU | 1 |
| 2020s | -6.98 billion constant LCU | -9.46 billion constant LCU | -4.86 billion constant LCU | 6 |
Countries ranked near Georgia
- 88 Solomon Islands -4.73 billion constant LCU compare
- 89 Bosnia and Herzegovina -5.73 billion constant LCU compare
- 90 El Salvador -6.80 billion constant LCU compare
- 92 Tunisia -10.27 billion constant LCU compare
- 93 Bolivia, Plurinational State of -14.15 billion constant LCU compare
- 94 Greece -14.72 billion constant LCU compare
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Net primary income (Net income from abroad) (current LCU), annual 4.13 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 5.8 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1228 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 1,190 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 6.63 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.3367 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3,263 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.2709 (2025)
Frequently asked questions
- What is external balance on goods and services in Georgia?
- External balance on goods and services in Georgia was -7.13 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Georgia?
- The highest recorded value was -4.58 billion constant LCU in 2019.
- What is the lowest external balance on goods and services recorded in Georgia?
- The lowest recorded value was -9.46 billion constant LCU in 2020.
- How does Georgia rank for external balance on goods and services?
- Georgia ranks 91st out of 161 countries with data for 2025.
- Is external balance on goods and services rising or falling in Georgia?
- Over the last ten years it is down 55.9%. The long-run trend across the full record is flat.
- Where does this Georgia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.