27.Mar .2020 18:32

International Investment Position of Georgia Worsens

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The net international investment position (IIP) of Georgia amounted to -23.8 billion USD (-68.2 billion GEL) for December 31 2019, accounting for -134.2 percent of the last year GDP. Net IIP deteriorated by 1.0 billion USD compared to the previous quarter.

International assets amounted to 10.7 billion USD (30.7 billion GEL) by December 31 2019, up by 331.9 million USD quarterly.

Liabilities increased by 1.4 billion USD during the quarter totaling 34.5 billion USD (99.0 billion GEL).