Crude Oil Production in Georgia remained unchanged at 0.40 BBL/D/1K in June from 0.40 BBL/D/1K in May of 2020.

Crude Oil Production in Georgia averaged 1.32 BBL/D/1K from 1994 until 2020, reaching an all time high of 2.80 BBL/D/1K in January of 2003 and a record low of 0.40 BBL/D/1K in September of 2015. This page provides - Georgia Crude Oil Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Crude Oil Production - values, historical data and charts - was last updated on October of 2020.

Crude Oil Production in Georgia is expected to be 0.40 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Georgia to stand at 0.40 in 12 months time. In the long-term, the Georgia Crude Oil Production is projected to trend around 0.40 BBL/D/1K in 2021, according to our econometric models.

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Georgia Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.40 2.80 0.40 1994 - 2020 BBL/D/1K Monthly
NSA

Georgia Trade Last Previous Highest Lowest Unit
Balance of Trade -399.30 -353.70 -6.34 -630.76 USD Million [+]
Current Account -337.10 -417.99 20.50 -920.49 USD Million [+]
Current Account to GDP -7.70 -8.80 -5.27 -22.07 percent [+]
Imports 731.30 646.20 973.04 14.82 USD Million [+]
Exports 332.00 292.44 395.95 7.09 USD Million [+]
Foreign Direct Investment 237.78 165.37 749.52 20.04 USD Million [+]
External Debt 18762.06 18282.37 18762.06 2835.30 USD Million [+]
Capital Flows 584.14 -6.75 964.54 -6.75 USD Million [+]
Crude Oil Production 0.40 0.40 2.80 0.40 BBL/D/1K [+]
Remittances 421156.00 411157.00 421156.00 33643.00 USD Thousands [+]
Terrorism Index 1.34 1.42 4.83 1.26 [+]