In the third quarter of 2025, Georgia’s current account posted a surplus of USD 338.8 million (GEL 917.3 million), equivalent to 3.3 percent of Gross Domestic Product (GDP). This marks only the third time a current account surplus has been recorded—in the third quarter of 2018 (USD 12.4 million), the third quarter of 2022 (USD 338.7 million), and now in 2025.

Trade in goods and the income account continued to exert a negative impact on the current account, while the services account and current transfers made positive contributions.

The balance of goods remained the main driver of the current account dynamics. The trade deficit widened by 10.7 percent year-on-year, reaching USD 1.7 billion (GEL 4.5 billion) in the third quarter of 2025. Exports declined slightly by 0.3 percent, while imports increased by 3.8 percent compared to the same period of the previous year.

Exports of services continued to show strong growth, rising by 10.9 percent year-on-year. Travel services exports reached USD 1.7 billion (GEL 4.5 billion), up 6.6 percent annually. Exports of computer and information services also expanded, totaling USD 301.6 million and accounting for 2.9 percent of GDP. Transportation services exports remained at a high level, amounting to USD 498.4 million, or 4.8 percent of GDP.

The income account recorded a net deficit of USD 531.7 million (GEL 1.4 billion). Net compensation of employees—the positive component of the income account—increased by 20.7 percent year-on-year, while net investment income, the negative component, declined by 18.8 percent.

The current transfers account remained positive, with credits increasing by 9.5 percent year-on-year to USD 927.8 million (GEL 2.5 billion). Net private sector transfers rose by 10.1 percent, reaching USD 873.8 million (GEL 2.4 billion).

Net foreign direct investment totaled USD 430.0 million (GEL 1.2 billion) during the reporting period, accounting for 4.2 percent of GDP.