International Reserves in Georgia
Georgia - International ReservesGeorgia’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
|International Reserves (EUR)||1.9||2.1||2.1||2.4||2.4|
5 years of economic forecasts for more than 30 economic indicators.
Georgia International Reserves Chart
Source: National Bank of Georgia
|Exchange Rate||2.45||0.0 %||Jul 13|
|Stock Market||0.5||0.55 %||Jul 13|
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