Georgia - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in Georgia was $8,967,427,000 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between $11,105,360,000 in 2019 and $1,087,400,000 in 1999.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1997 $1,412,600,000
1998 $1,339,700,000
1999 $1,087,400,000
2000 $1,309,367,000
2001 $1,311,738,000
2002 $1,435,914,000
2003 $1,825,282,000
2004 $2,471,757,000
2005 $3,267,195,000
2006 $4,376,269,000
2007 $5,879,073,000
2008 $7,470,652,000
2009 $5,248,087,000
2010 $6,113,857,000
2011 $7,987,777,000
2012 $9,139,052,000
2013 $9,261,631,000
2014 $10,018,360,000
2015 $8,655,960,000
2016 $8,488,467,000
2017 $9,344,910,000
2018 $10,768,590,000
2019 $11,105,360,000
2020 $8,967,427,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Georgia was $8,966,625,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $11,147,150,000 in 2019 and $1,001,841,000 in 1996.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 $3,514,921,000
1991 $1,986,755,000
1992 $2,446,203,000
1993 $1,938,102,000
1994 $2,743,400,000
1995 $1,140,170,000
1996 $1,001,841,000
1997 $1,479,433,000
1998 $1,340,895,000
1999 $1,066,706,000
2000 $1,212,807,000
2001 $1,251,369,000
2002 $1,439,784,000
2003 $1,843,081,000
2004 $2,455,655,000
2005 $3,286,865,000
2006 $4,388,115,000
2007 $5,857,049,000
2008 $7,425,610,000
2009 $5,237,833,000
2010 $6,114,964,000
2011 $7,985,651,000
2012 $9,138,860,000
2013 $9,261,753,000
2014 $10,019,260,000
2015 $8,659,322,000
2016 $8,483,331,000
2017 $9,341,701,000
2018 $10,770,490,000
2019 $11,147,150,000
2020 $8,966,625,000

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in Georgia was 27,877,240,000 as of 2020. As the graph below shows, over the past 33 years this indicator reached a maximum value of 31,413,770,000 in 2019 and a minimum value of 5,800 in 1987.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1987 5,800
1988 6,800
1989 6,500
1990 6,800
1991 6,000
1992 98,900
1993 11,764,800
1994 984,684,600
1995 1,029,473,000
1996 1,252,247,000
1997 1,919,564,000
1998 1,863,598,000
1999 2,159,564,000
2000 2,397,112,000
2001 2,594,088,000
2002 3,161,333,000
2003 3,954,700,000
2004 4,707,000,000
2005 5,958,100,000
2006 7,812,600,000
2007 9,784,200,000
2008 11,070,100,000
2009 8,749,800,000
2010 10,898,700,000
2011 13,467,800,000
2012 15,091,000,000
2013 15,406,000,000
2014 17,691,000,000
2015 19,650,600,000
2016 20,077,500,000
2017 23,443,000,000
2018 27,293,500,000
2019 31,413,770,000
2020 27,877,240,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Georgia was 9,396,944,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 11,266,350,000 in 2019 and 5,363,019,000 in 2010.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2010 5,363,019,000
2011 6,202,265,000
2012 6,871,767,000
2013 7,053,276,000
2014 8,077,821,000
2015 8,659,322,000
2016 8,865,245,000
2017 9,582,602,000
2018 10,566,210,000
2019 11,266,350,000
2020 9,396,944,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Georgia was -16.59 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 15.65 in 2011 and a minimum value of -16.59 in 2020.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2011 15.65
2012 10.79
2013 2.64
2014 14.53
2015 7.20
2016 2.38
2017 8.09
2018 10.26
2019 6.63
2020 -16.59

Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Georgia was 21,324,480,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 25,566,720,000 in 2019 and a minimum value of 12,170,300,000 in 2010.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2010 12,170,300,000
2011 14,074,800,000
2012 15,594,100,000
2013 16,006,000,000
2014 18,331,000,000
2015 19,650,600,000
2016 20,117,900,000
2017 21,745,800,000
2018 23,977,900,000
2019 25,566,720,000
2020 21,324,480,000

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Georgia was 56.58 as of 2020. Its highest value over the past 33 years was 109.13 in 1994, while its lowest value was 31.25 in 1991.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1987 40.85
1988 46.58
1989 45.14
1990 45.33
1991 31.25
1992 66.29
1993 71.75
1994 109.13
1995 42.33
1996 32.37
1997 42.14
1998 37.11
1999 38.10
2000 39.67
2001 38.87
2002 42.40
2003 46.18
2004 47.91
2005 51.27
2006 56.65
2007 57.58
2008 58.03
2009 48.65
2010 49.94
2011 52.86
2012 55.43
2013 53.88
2014 56.84
2015 57.91
2016 56.03
2017 57.51
2018 61.20
2019 63.78
2020 56.58

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments