The National Bank of Georgia released Georgia’s balance of payments statistics for the second quarter of 2025, compiled under the IMF Balance of Payments Manual, Fifth edition. The current account deficit stood at USD 272.9 million (GEL 748.4 million), improving by 60% year on year to 3.0% of gross domestic product. The goods trade deficit remained the main driver of the current account and fell 10.9% year on year to USD 1.6 billion, with exports up 21.1% and imports up 5.9%. Services exports increased 7.8%, including travel exports of USD 1.1 billion (up 5.0%), computer and information services income of USD 222.6 million (2.4% of GDP), and transportation services income of USD 440.9 million (4.8% of GDP). The net income account totaled minus USD 578.6 million, while current transfers remained positive with credit up 2.3% to USD 902.2 million and private sector net transfers up 4.0% to USD 857.1 million; net foreign direct investment amounted to USD 506.3 million (5.5% of GDP).
National Bank of Georgia 2025-09-30
National Bank of Georgia publishes Q2 2025 balance of payments showing current account deficit of USD 272.9 million
The National Bank of Georgia reported a 60% year-on-year improvement in Georgia's current account deficit for Q2 2025, now at USD 272.9 million, or 3.0% of GDP. The goods trade deficit decreased by 10.9% to USD 1.6 billion, with exports rising 21.1% and imports increasing 5.9%. Services exports grew 7.8%, with notable contributions from travel, computer and information services, and transportation services.