Adjusted savings: net national savings in Georgia

Georgia: Adjusted savings: net national savings was -510.69 million current US$ in 2021. ◆ Volatile

Latest (2021)
-510.69 million current US$
Change on year
down 193.2%
World rank
163rd
of 176 countries
All-time high
1.30 billion current US$
in 2018
All-time low
-1.32 billion current US$
in 2009
Years of data
25
1997–2021

Adjusted savings: net national savings in Georgia, 1997–2021

-1.0B01.0B1997200920211997: -481.6M current US$1998: 85.9M current US$1999: 156.9M current US$2000: -100.4M current US$2001: 155.8M current US$2002: 180.2M current US$2003: 91.3M current US$2004: 402.0M current US$2005: 404.1M current US$2006: -81.9M current US$2007: -170.4M current US$2008: -1.2B current US$2009: -1.3B current US$2010: -327.7M current US$2011: -384.0M current US$2012: 223.6M current US$2013: 385.9M current US$2014: 377.2M current US$2015: 21.6M current US$2016: 454.8M current US$2017: 811.3M current US$2018: 1.3B current US$2019: 984.9M current US$2020: -174.2M current US$2021: -510.7M current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

The most recent figure for adjusted savings: net national savings in Georgia is -510.69 million current US$, measured in 2021.

Compared with earlier readings it is down 193.2% on the previous year and down 33.0% over ten years.

Over the whole period, adjusted savings: net national savings in Georgia peaked at 1.30 billion current US$ in 2018 and was at its lowest, -1.32 billion current US$, in 2009.

Georgia ranks 163rd of 176 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s -79.60 million current US$ -481.64 million current US$ 156.94 million current US$ 3
2000s -164.82 million current US$ -1.32 billion current US$ 404.13 million current US$ 10
2010s 384.99 million current US$ -384.03 million current US$ 1.30 billion current US$ 10
2020s -342.44 million current US$ -510.69 million current US$ -174.19 million current US$ 2

Countries ranked near Georgia

  1. 160 Iceland -291.31 million current US$ compare
  2. 161 Mauritius -378.18 million current US$ compare
  3. 162 East Timor -445.72 million current US$ compare
  4. 164 Cyprus -549.80 million current US$ compare
  5. 165 Namibia -658.12 million current US$ compare
  6. 166 Congo -938.81 million current US$ compare

See the full ranking of 176 places →

More economy & growth data for Georgia

All data for Georgia →

Frequently asked questions

What is adjusted savings: net national savings in Georgia?
Adjusted savings: net national savings in Georgia was -510.69 million current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: net national savings recorded in Georgia?
The highest recorded value was 1.30 billion current US$ in 2018.
What is the lowest adjusted savings: net national savings recorded in Georgia?
The lowest recorded value was -1.32 billion current US$ in 2009.
How does Georgia rank for adjusted savings: net national savings?
Georgia ranks 163rd out of 176 countries with data for 2021.
Is adjusted savings: net national savings rising or falling in Georgia?
Over the last ten years it is down 33.0%. The long-run trend across the full record is volatile.
Where does this Georgia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Adjusted savings: net national savings (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 5,846 data points, 1970–2021
Last refreshed

Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.