In the third quarter of 2025, the current account recorded a surplus of USD 338.8 million (GEL 917.3 million). A current account surplus was recorded for the first time in the third quarter of 2018 (USD 12.4 million) and for the second time in the third quarter of 2022 (USD 338.7 million). Trade in goods and income account make negative contribution to the current account, while the services account and current transfers has a positive impact. In the third quarter of 2025, current account surplus amounted to 3.3 percent of Gross Domestic Product (GDP).
Balance of goods remains the main driver of the current account balance. Trade in goods deficit increased by 10.7 percent year-on-year, amounting to USD 1.7 billion (GEL 4.5 billion) in the third quarter of 2025. Exports declined by 0.3 percent, while imports increased by 3.8 percent year-on-year.
Income from exports of services continued to increase, rising by 10.9 percent in the third quarter of 2025 compared to the same period of the previous year. The travel services exports reached USD 1.7 billion (GEL 4.5 billion) in the third quarter of 2025, up by 6.6 percent annually. Income from exports of computer and information services also continued to grow, reaching USD 301.6 million in the third quarter of 2025 and accounting for 2.9 percent of GDP. Meanwhile, exports of transportation services remained at a high level, amounting to USD 498.4 million in the third quarter of 2025, equivalent to 4.8 percent of GDP.
Net income account totaled USD -531.7 million (GEL -1.4 billion) in the third quarter of 2025. Net compensation of employees, the positive component of income account increased by 20.7 percent year-on-year while net investment income - the negative component - declined by 18.8 percent over the same period.
The current transfers account remained positive. Credits of current transfers increased by 9.5 percent year-on-year, totaling USD 927.8 million (GEL 2.5 billion). Net transfers of the private sector rose by 10.1 percent, amounting to USD 873.8 million (GEL 2.4 billion).
Net foreign direct investment amounted to USD 430.0 million (GEL 1.2 billion) in the reporting period, accounting for 4.2 percent of GDP.
