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ბიზნეს მედია - Bank of Georgia
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Balance of Payments of Georgia (II Quarter 2025)

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Balance of Payments statistic is compiled according to the methodology provided by the IMF's "Balance of Payments Manual, Fifth edition".

In the second quarter of 2025, the current account deficit stood at 272.9 million USD (748.4 million GEL). The trade of goods and income account make negative contribution to current account, while services account and current transfers has a positive impact. In the second quarter of 2025, current account deficit improved by 60 percent compared to the same period of the previous year amounting to 3.0 percent of Gross Domestic Product (GDP).

Balance of goods remains the main driver of the current account balance. Trade of goods deficit decreased by 10.9 percent annually and amounted to 1.6 billion USD (4.4 billion GEL) in the second quarter. Among them exports increased by 21.1 percent and imports - by 5.9 percent annually.

Income from the export of services continued to increase, rising by 7.8 percent in the second quarter of 2025 compared to the same period of the previous year. The travel export reached 1.1 billion USD (3.1 billion GEL) in the second quarter of 2025, up by 5.0 percent annually. Notably, income from the export of computer and information services are also on the rise. In the second quarter of 2025, these income reached USD 222.6 million, accounting for 2.4 percent of GDP. Meanwhile, income from the export of transportation services remain at a high level, amounting to USD 440.9 million in the second quarter of 2025, which represents 4.8 percent of GDP.


Net income account totaled -578.6 million USD (-1.6 billion GEL) in the second quarter of 2025. Compensation of employees, the positive component of income account increased by 1.1 percent, while net investment income the negative component decreased by 4.9 percent year-on-year.


The current transfers account remained positive. However credit of current transfers increased by 2.3 percent annually, totaling 902.2 million USD (2.5 billion GEL). The private sectors net transfers was up by 4.0 percent amounting to 857.1 million USD (2.3 billion GEL).

Net foreign direct investments amounted to 506.3 million USD (1.4 billion GEL) accounting for 5.5 percent of GDP in the reporting period.

The presented statistical information is published on the website of the National Bank of Georgia under the heading "Statistics".

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image Georgia Capital PLC (the “Company") has published financial results for the third quarter and the nine months of 2025

28.10.2025.17:00

Georgia Capital PLC (the “Company") has published today its financial results for the third quarter and the nine months of 2025.

KEY POINTS

  • NAV per share (GEL) increased 7.9% q-o-q in 3Q25, driven by strong operating performance across our private large portfolio companies and continued growth in Lion Finance Group PLC’s share price
  • Outstanding quarterly results across our private large portfolio companies, with aggregated revenues and EBITDA up 13.5% and 29.5% y-o-y in 3Q25, respectively
  • Commencement of GEL 700 million capital return programme, comprising:
    • US$ 50 million share buyback and cancellation programme, under which 0.8 million shares have been repurchased for US$ 26.3 million (GEL 71.2 million), bringing total returns to shareholders since demerger to US$ 221 million
    • Early redemption of US$ 100 million of GCAP’s US$ 150 million local holding company bonds, reducing the outstanding principal to US$ 50 million
  • NCC ratio improved by 1.6 ppts q-o-q to a record low 5.4% as at 30-Sep-25 (10.5 ppts y-o-y improvement), driven by significant net debt reduction supported by strong cash generation and by continued growth in portfolio value 
  • On 25 October 2025, healthcare services business agreed to acquire Gormed LLC, a regional network of three hospitals and clinics in central Georgia, pending regulatory approval. This bolt-on acquisition is expected to enhance revenue growth, deliver strong efficiency gains and improve profitability through operational synergies
  • Upgrade in GCAP’s corporate credit outlook from stable to positive by S&P, reflecting strong asset performance and the Group’s continued progress on deleveraging

WEBINAR DETAILS

An investor/analyst webinar, organised by the Company, will be held today, at 14:00 UK / 15:00 CET / 10:00 US Eastern Time. The duration of the webinar will be 60 minutes and will consist of a 30-minute update and a 30-minute Q&A session.

Please register at the Registration link to attend the event.

The results announcement together with the supplementary financial information (excel file) are available on the Company’s website at https://georgiacapital.ge/ir/financial-results.

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