Net acquisition of financial assets in Georgia
Georgia: Net acquisition of financial assets was -57.10 million current LCU in 2024. ◆ Volatile
Net acquisition of financial assets in Georgia, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net acquisition of financial assets in Georgia is -57.10 million current LCU, measured in 2024.
Compared with earlier readings it is down 108.6% on the previous year and down 118.7% over ten years.
Over the whole period, net acquisition of financial assets in Georgia peaked at 2.18 billion current LCU in 2020 and was at its lowest, -999.40 million current LCU, in 2021.
Georgia ranks 102nd of 134 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 32.16 million current LCU | 12.70 million current LCU | 56.70 million current LCU | 5 |
| 2000s | 82.24 million current LCU | -499.50 million current LCU | 600.50 million current LCU | 10 |
| 2010s | 416.70 million current LCU | -25.90 million current LCU | 906.50 million current LCU | 10 |
| 2020s | 549.66 million current LCU | -999.40 million current LCU | 2.18 billion current LCU | 5 |
Countries ranked near Georgia
More public sector data for Georgia
- Arms imports 17.00 million SIPRI trend indicator values (2024)
- Tax revenue 24.3% (2024)
- Taxes on income, profits and capital gains 38.5% (2024)
- Taxes on goods and services 44.5% (2024)
- Net investment in nonfinancial assets 4.6% (2024)
- Net lending (+) / net borrowing (-) -2.1% (2024)
- Interest payments 5.5% (2024)
- Grants and other revenue 16.1% (2024)
- Interest payments 5.9% (2023)
- Other taxes 0.3% (2024)
Frequently asked questions
- What is net acquisition of financial assets in Georgia?
- Net acquisition of financial assets in Georgia was -57.10 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Georgia?
- The highest recorded value was 2.18 billion current LCU in 2020.
- What is the lowest net acquisition of financial assets recorded in Georgia?
- The lowest recorded value was -999.40 million current LCU in 2021.
- How does Georgia rank for net acquisition of financial assets?
- Georgia ranks 102nd out of 134 countries with data for 2024.
- Is net acquisition of financial assets rising or falling in Georgia?
- Over the last ten years it is down 118.7%. The long-run trend across the full record is volatile.
- Where does this Georgia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.