External balance on goods and services in Georgia
Georgia: External balance on goods and services was -5.8% 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 % of GDP.
Analysis
In 2025, external balance on goods and services in Georgia stood at -5.8%.
Compared with earlier readings it is up 25.7% on the previous year and up 65.3% over ten years.
Over the whole period, external balance on goods and services in Georgia peaked at 0.7% in 1987 and was at its lowest, -51.4%, in 1994.
Georgia ranks 116th of 193 countries on this measure, 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 in Georgia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1987 | 0.7% | — |
| 1988 | -4.1% | -681.4% |
| 1989 | -2.8% | -31.9% |
| 1990 | -5.3% | +91.8% |
| 1991 | -3.7% | -31.4% |
| 1992 | -30.6% | +735.8% |
| 1993 | -24.9% | -18.8% |
| 1994 | -51.4% | +106.6% |
| 1995 | -16.8% | -67.2% |
| 1996 | -19.0% | +13.2% |
| 1997 | -26.5% | +39.3% |
| 1998 | -20.6% | -22.2% |
| 1999 | -19.0% | -7.8% |
| 2000 | -16.7% | -12.4% |
| 2001 | -14.4% | -13.6% |
| 2002 | -13.2% | -8.6% |
| 2003 | -14.7% | +11.8% |
| 2004 | -16.8% | +14.0% |
| 2005 | -18.0% | +7.3% |
| 2006 | -24.2% | +34.3% |
| 2007 | -26.8% | +10.6% |
| 2008 | -29.8% | +11.3% |
| 2009 | -19.1% | -35.8% |
| 2010 | -16.7% | -12.4% |
| 2011 | -17.7% | +6.0% |
| 2012 | -18.5% | +4.0% |
| 2013 | -11.9% | -35.4% |
| 2014 | -16.6% | +39.0% |
| 2015 | -16.7% | +0.9% |
| 2016 | -14.9% | -10.8% |
| 2017 | -10.8% | -27.4% |
| 2018 | -10.5% | -3.5% |
| 2019 | -9.2% | -12.0% |
| 2020 | -19.1% | +107.5% |
| 2021 | -16.3% | -14.9% |
| 2022 | -9.7% | -40.1% |
| 2023 | -8.6% | -11.5% |
| 2024 | -7.8% | -9.2% |
| 2025 | -5.8% | -25.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -2.1% | -4.1% | 0.7% | 3 |
| 1990s | -21.8% | -51.4% | -3.7% | 10 |
| 2000s | -19.4% | -29.8% | -13.2% | 10 |
| 2010s | -14.4% | -18.5% | -9.2% | 10 |
| 2020s | -11.2% | -19.1% | -5.8% | 6 |
Countries ranked near Georgia
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)
- Total reserves minus gold (current US$), annual growth rate 33.95 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1351 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,310 current US$ per person (2025)
- General government final consumption expenditure (current US$) 19.79 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1385 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,342 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 20.73 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.3797 current LCU 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 -5.8% 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 0.7% in 1987.
- What is the lowest external balance on goods and services recorded in Georgia?
- The lowest recorded value was -51.4% in 1994.
- How does Georgia rank for external balance on goods and services?
- Georgia ranks 116th 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 up 65.3%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.