The National Bank of Georgia released Georgia’s balance of payments statistics for the fourth quarter of 2025, compiled using the International Monetary Fund’s Balance of Payments Manual, Fifth Edition (BPM5). The current account deficit improved by USD 229.8 million year on year to USD 484.5 million (GEL 1.3 billion), or 4.6 percent of gross domestic product (GDP). For 2025 as a whole, the deficit improved by USD 803.9 million to USD 1,008.4 million, equivalent to 2.6 percent of GDP. Goods trade remained the main driver of the current account balance, with the goods deficit rising 6.3 percent year on year to USD 1.9 billion (GEL 5.0 billion) in Q4 2025. The quarterly improvement in the current account was primarily attributed to higher service exports, with the services surplus up 14.1 percent (USD 256.6 million) to USD 1,038.5 million; travel services exports reached USD 1.1 billion (up 9.2 percent), transportation services exports totaled USD 418.4 million (3.9 percent of GDP), and computer and information services exports rose to USD 357.0 million (3.4 percent of GDP). The net income account was USD -634.5 million (GEL -1.7 billion), while current transfers credits increased 14.7 percent to USD 1.0 billion, including private sector net transfers of USD 945.4 million (up 15.0 percent). The current account deficit was predominantly financed by foreign direct investment, with net foreign direct investment of USD 374.4 million (GEL 1.0 billion), or 3.5 percent of GDP. The National Bank of Georgia published the underlying statistical information on its website.
National Bank of Georgia 2026-03-31
National Bank of Georgia publishes Q4 2025 balance of payments showing the current account deficit narrowed to USD 484.5 million
The National Bank of Georgia published balance of payments statistics for Q4 2025, showing the current account deficit narrowed year on year by USD 229.8 million to USD 484.5 million, or 4.6 percent of GDP, and by USD 803.9 million to USD 1,008.4 million, or 2.6 percent of GDP, for 2025 as a whole. The improvement was driven mainly by a higher services surplus and increased current transfers, while the goods deficit widened and the current account gap was predominantly financed by net foreign direct investment of USD 374.4 million, or 3.5 percent of GDP.