Georgia’s current account deficit widened to USD 658.91 million in Q1 2025 from USD 318.31 million in the same period last year, marking the largest shortfall since Q4 2016. The deterioration was mainly driven by a bigger goods trade deficit, which rose to USD 1,739.08 million from USD 1,513.38 million. The services surplus increased to USD 806.41 million from USD 713.12 million. Meanwhile, the primary income gap widened to USD 569.53 million from USD 392.87 million, and the secondary income surplus edged down to USD 843.30 million from USD 874.83 million. source: National Bank of Georgia

Georgia recorded a Current Account deficit of 658.91 USD Million in the first quarter of 2025. Current Account in Georgia averaged -326.50 USD Million from 2000 until 2025, reaching an all time high of 337.69 USD Million in the third quarter of 2022 and a record low of -919.45 USD Million in the second quarter of 2008. This page provides the latest reported value for - Georgia Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Georgia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-03-31 11:00 AM
Current Account
Q4 $-613.6M $49.8M $ -750M
2025-06-30 01:00 PM
Current Account
Q1 $-658.9M $-649.3M $-620.0M
2025-09-30 11:00 AM
Current Account
Q2 $-658.9M


Related Last Previous Unit Reference
Balance of Trade -854.20 -781.50 USD Million Jul 2025
Capital Flows -616.53 -595.55 USD Million Mar 2025
Current Account -658.91 -649.25 USD Million Mar 2025
Current Account to GDP -4.40 -5.60 percent of GDP Dec 2024
Exports 610.40 640.20 USD Million Jul 2025
External Debt 25463.72 25163.90 USD Million Mar 2025
Imports 1464.60 1421.70 USD Million Jul 2025
Remittances 786585.10 833150.90 USD Thousands Mar 2025

Georgia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
-658.91 -649.25 337.69 -919.45 2000 - 2025 USD Million Quarterly

News Stream
Georgia Current Account Gap Widens to Highest Since 2016
Georgia’s current account deficit widened to USD 658.91 million in Q1 2025 from USD 318.31 million in the same period last year, marking the largest shortfall since Q4 2016. The deterioration was mainly driven by a bigger goods trade deficit, which rose to USD 1,739.08 million from USD 1,513.38 million. The services surplus increased to USD 806.41 million from USD 713.12 million. Meanwhile, the primary income gap widened to USD 569.53 million from USD 392.87 million, and the secondary income surplus edged down to USD 843.30 million from USD 874.83 million.
2025-06-30
Georgia Current Account Balance Swings to Surplus in Q3
Georgia posted a current account surplus of USD 52.42 million in the third quarter of 2024, compared with a USD 24.34 million deficit in the same quarter last year. The goods shortfall narrowed to USD 1508.1 million from USD 1620.3 million, and the services surplus rose to USD 1396.3 million from USD 1222.8 million. On the other hand, the current transfers surplus decreased to USD 800.25 million from USD 916.8 million and the income deficit widened to USD 636 million from USD 543.7 million.
2024-12-30
Georgia Current Account Gap Widens in Q2
Georgia's current account deficit rose to USD 593.7 million in the second quarter of 2024, from USD 584.2 million in the same quarter last year. The goods shortfall widened to USD 1,815.2 million from USD 1,428.4 million a year ago. Meanwhile, the services surplus widened to USD 932.8 million from USD 785.3 million. The current transfers surplus also increased to USD 832.6 million from USD 776.1 million. Moreover, the income deficit fell to USD 543.9 million from USD 717.3 million.
2024-09-30