External balance on goods and services (current LCU) in Georgia
Georgia: External balance on goods and services (current LCU) was -6.08 billion current LCU in 2025. ◆ Volatile
External balance on goods and services in Georgia, 1987–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, external balance on goods and services in Georgia stood at -6.08 billion current LCU.
Compared with earlier readings it is up 16.4% on the previous year and down 5.2% over ten years.
Over the whole period, external balance on goods and services in Georgia peaked at 100 current LCU in 1987 and was at its lowest, -9.87 billion current LCU, in 2021.
That places Georgia 111th out of 193 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU) in Georgia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1987 | 100 current LCU | — |
| 1988 | -600 current LCU | -700.0% |
| 1989 | -400 current LCU | -33.3% |
| 1990 | -800 current LCU | +100.0% |
| 1991 | -700 current LCU | -12.5% |
| 1992 | -45,700 current LCU | +6428.6% |
| 1993 | -4.08 million current LCU | +8820.1% |
| 1994 | -463.41 million current LCU | +11267.8% |
| 1995 | -409.21 million current LCU | -11.7% |
| 1996 | -736.72 million current LCU | +80.0% |
| 1997 | -1.21 billion current LCU | +64.0% |
| 1998 | -1.04 billion current LCU | -14.2% |
| 1999 | -1.08 billion current LCU | +4.1% |
| 2000 | -1.01 billion current LCU | -6.7% |
| 2001 | -961.54 million current LCU | -4.6% |
| 2002 | -982.00 million current LCU | +2.1% |
| 2003 | -1.26 billion current LCU | +28.4% |
| 2004 | -1.65 billion current LCU | +30.8% |
| 2005 | -2.09 billion current LCU | +26.9% |
| 2006 | -3.33 billion current LCU | +59.3% |
| 2007 | -4.55 billion current LCU | +36.3% |
| 2008 | -5.68 billion current LCU | +24.9% |
| 2009 | -3.44 billion current LCU | -39.5% |
| 2010 | -3.71 billion current LCU | +7.9% |
| 2011 | -4.63 billion current LCU | +24.9% |
| 2012 | -5.15 billion current LCU | +11.2% |
| 2013 | -3.48 billion current LCU | -32.5% |
| 2014 | -5.26 billion current LCU | +51.4% |
| 2015 | -5.78 billion current LCU | +9.9% |
| 2016 | -5.46 billion current LCU | -5.7% |
| 2017 | -4.48 billion current LCU | -17.9% |
| 2018 | -4.74 billion current LCU | +6.0% |
| 2019 | -4.58 billion current LCU | -3.6% |
| 2020 | -9.50 billion current LCU | +107.7% |
| 2021 | -9.87 billion current LCU | +3.8% |
| 2022 | -7.09 billion current LCU | -28.1% |
| 2023 | -6.97 billion current LCU | -1.8% |
| 2024 | -7.28 billion current LCU | +4.5% |
| 2025 | -6.08 billion current LCU | -16.4% |
Georgia compared with similar countries
- Georgia's -6.08 billion current LCU is below the median for upper middle income countries, which is -2.10 billion current LCU, 2.9× the median. (53 countries reporting)
- Georgia's -6.08 billion current LCU is below the median for Europe & Central Asia, which is 96.00 million current LCU. (52 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current LCU) in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | -11267.8% | -4.08 million current LCU | -463.41 million current LCU |
| 1993 | -8820.1% | -45,700 current LCU | -4.08 million current LCU |
| 1992 | -6428.6% | -700 current LCU | -45,700 current LCU |
| 1988 | -700.0% | 100 current LCU | -600 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -300 current LCU | -600 current LCU | 100 current LCU | 3 |
| 1990s | -493.84 million current LCU | -1.21 billion current LCU | -700 current LCU | 10 |
| 2000s | -2.50 billion current LCU | -5.68 billion current LCU | -961.54 million current LCU | 10 |
| 2010s | -4.73 billion current LCU | -5.78 billion current LCU | -3.48 billion current LCU | 10 |
| 2020s | -7.80 billion current LCU | -9.87 billion current LCU | -6.08 billion current LCU | 6 |
Countries ranked near Georgia
- 108 New Zealand -5.40 billion current LCU compare
- 109 Palestine -5.55 billion current LCU compare
- 110 Belarus -5.58 billion current LCU compare
- 112 Bosnia and Herzegovina -7.42 billion current LCU compare
- 113 El Salvador -8.83 billion current LCU compare
- 114 Greece -11.25 billion current 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)
- SDRs holdings, US dollar, annual growth rate 5.21 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 120.64 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1872 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 88.09 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -7.66 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0194 units per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services in Georgia?
- External balance on goods and services in Georgia was -6.08 billion current 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 100 current LCU in 1987.
- What is the lowest external balance on goods and services recorded in Georgia?
- The lowest recorded value was -9.87 billion current LCU in 2021.
- How does Georgia rank for external balance on goods and services?
- Georgia ranks 111th out of 193 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 5.2%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.