International Reserves in Georgia

Georgia International Reserves | Economic News & Forecasts

Georgia - International Reserves

Georgia’s economy began the year at a robust pace, with preliminary results showing annual GDP growth of 5.3% in the first quarter, just a notch below the previous quarter’s three-and-a-half-year high. Strong growth in Q1 was underpinned by healthy consumer spending bolstered by easing inflationary pressures, as well as a robust external sector amid surging demand from Georgia’s key trading partners—particularly Turkey and Azerbaijan. The economic momentum appears to have carried over into the second quarter. Household consumption likely continued to benefit from lower inflation through May and nominal exports jumped 50.2% annually in the month against the backdrop of the ongoing pro-trade policy push by the country’s government.

Georgia - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (EUR)1.9  2.1  2.1  2.4  2.4  

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Georgia International Reserves Chart

Georgia International Reserves
Note: International reserves, months of imports.
Source: National Bank of Georgia

Georgia Facts

Exchange Rate2.450.0 %Jul 13
Stock Market0.50.55 %Jul 13

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