Using a database of 13 solar cycles of geomagnetic aa data, we obtained correlations between cycle averages of geomagnetic activity (and sunspot number) and the numbers of days with disturbance levels above certain aa thresholds. We then used a precursor-type relation to predict an average aa index of 23.1 nT for cycle 23 and inserted this average aa value into the above correlations to forecast the integral size distribution of geomagnetic activity for the new cycle. The predicted size distribution is similar to that observed for cycles 21 and 22 but most closely resembles that of solar cycle 18 (1944--1954), which was slightly smaller than cycles 21 and 22. Our prediction agrees reasonably well with the climatology-based forecast made by the intergovernmental panel tasked to predict geomagnetic activity for the coming solar cycle and is significantly different from their precursor-based prediction. ¿ 1999 American Geophysical Union