Foreign exchange reserves excluding gold reached 3.04 USD bil in 2017 in Georgia, according to the National Statistical Office. This is 10.2 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in Georgia reached an all time high of 3.04 USD bil in 2017 and an all time low of 0.116 USD bil in 2000. When compared to Georgia's main peers, foreign exchange reserves excluding gold in Armenia amounted to 2.31 USD bil, 6.68 USD bil in Azerbaijan, 356 USD bil in Russia and 84.1 USD bil in Turkey in 2017.
Georgia has been ranked 97th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 17 places above the position seen 10 years ago.
FX reserves in a strict sense are "only" the foreign currency deposits and bonds held by central banks and monetary authorities.