The net international investment position (IIP) of Georgia amounted to -$23.9 billion USD (-81.6 billion lari) for March 31 2021, Trend reports via the National Bank of Georgia (NBG).

As reported, the IIP is accounting for -150.5 percent of the last 4 quarter GDP.

Net IIP improved by $1 billion compared to the previous quarter.

International assets amounted to $11.2 billion (38.1 billion lari) by March 31, 2021, up by $59 million quarterly.

Liabilities decreased by $958.7 million during the quarter totaling $35.1 billion (119.7 billion lari).

Source: TREND News Agency