The National Bank of Georgia (NBG) has released updated balance of payments data, showing an improvement in the country’s external position.

According to the NBG, Georgia recorded a current account surplus of USD 338.8 million in the third quarter of 2025. On an annual basis, the current account balance improved by 3.5 percentage points to reach 3.3 percent of GDP.

The central bank noted that the improvement in the third quarter was mainly driven by the services balance. Exports of computer and information (ICT) services rose sharply, increasing by 88.5 percent year-on-year and reaching 2.9 percent of GDP. Tourism revenues also grew by 6.6 percent year-on-year, accounting for 16.1 percent of GDP. An improved income account further supported the strengthening of the current account.

For the first three quarters of 2025 as a whole, the current account deficit stood at 2.1 percent of GDP, marking a historically low level. This improvement was largely due to the goods trade balance, with exports rising by 8 percent year-on-year, while imports increased by 6.3 percent.

As a result, the trade deficit narrowed by 1.1 percentage points to 18.3 percent of GDP. The services and income accounts also contributed positively to reducing the overall deficit. Foreign direct investment remained a key source of financing, totaling 4.7 percent of GDP during the first three quarters of 2025.

The NBG publishes this statistical information on its website under the statistics section. Balance of payments data are compiled in line with the International Monetary Fund’s Balance of Payments Manual, Fifth Edition (BPM5).