International Reserves in Georgia

Georgia International Reserves | Economic News & Forecasts

Georgia - International Reserves

Available economic data suggests that growth momentum picked up in the second quarter, on the heels of a solid expansion at the start of the year. The estimated monthly GDP increase averaged 6.0% in the quarter, signaling that growth hit a four-year high in Q2. On the external front, exports accelerated in the quarter amid booming demand from CIS countries, particularly from Georgia’s key trading partner—Azerbaijan. Closer to home, domestic demand dynamics were underpinned by easing inflationary pressures and healthy private credit expansion, which, coupled with a solid inflow of higher remittances, likely bolstered private consumption in Q2.

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

ValueChangeDate
Exchange Rate2.620.0 %Sep 20
Stock Market0.50.55 %Sep 20

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