From the second half of 2012, unlike the previous years, current account deficit exhibited decreasing trend. Current account deficit amounted to 198.4 million US dollars (328.9 million GEL) in the first quarter of 2013, decreasing by 50 percent annually.

Exports of goods increased by 31.5 million US dollars, while imports decreased by 109.4 million US dollars, as compared to the same quarter of the previous year. As a result trade deficit decreased, totaling 741.6 million US dollars (1.2 billion GEL). That is 16.0 percent lower compared to the same quarter of 2012.

Balance of services account was positive equaling 256.1 million US dollars (424.7 million GEL). The export of services amounted to 581.5 million US dollars (964.2 million GEL), 16.9 percent more than the figure of the same quarter of 2012. Import of services increased by 10.3 percent annually totaling 325.4 million US dollars (539.5 million GEL).

From services account travel had the largest positive balance (244.8 million US dollars or 405.9 million GEL) increasing by 30.7 annually.

Balance of income was negative equaling -67.2 million US dollars (-111.3 million GEL). Income credit amounted to 181.1 million US dollars (300.2 million GEL), 14.7 percent lower than the figure for the same quarter of 2012. Income debit totaling 248.2 million US dollars (411.6 million GEL) was 7.3 percent lower than the figure of the same quarter of 2012.

Current transfers, the largest positive component of the current account amounted to 354.2 million US dollars (587.3 million GEL). The annual growth of this component was 4.6 percent. Inflow of current transfers equaled 379.7 million US dollars (629.5 million GEL), while outflow made up 25.4 million US dollars (42.2 million GEL). Annual decrease of the net current transfers of public sector was 2.0 percent while other sectors current transfer increased by 5.2 percent.

Net capital transfers inflow equaled 20.8 million US dollars (34.5 million GEL).

Net foreign direct investments amounted to 210.9 million US dollars (349.6 million GEL) in the first quarter of 2013. Foreign direct investment to Georgia made up 226.2 million US dollars (375.1 million GEL), that is 15.91 percent lower as compared to the same quarter of 2012. Out of total foreign direct investments to Georgia, 27.1 percent was invested in equity capital; 34.7 - reinvested earnings and 38.2 - other capital.

Balance of portfolio investments amounted to -31.3 million US dollars (-51.9 million GEL). Portfolio investments assets decreased by 2.8 million US dollars (4.6 million GEL) and liabilities by 34.1 million US dollars (56.5 million GEL). Portfolio investments liabilities decreased due to repayment of debt securities by one commercial bank.

Positive balance of other investments amounted to 79.9 million US dollars (132.5 million GEL). Out of that assets decreased by 45.8 million USD (75.9 million GEL) due to decrease ofloans and deposits. At the same time, liabilities grew up by 34.1 million USD (56.5 million GEL). Out of total liabilities in other investments trade credits and deposits increased by 45.7 million USD (75.8 million GEL) and 50.9 million USD (84.4 million GEL) respectively. At the same time loans decreased by 59.6 million USD (98.8 million GEL) due to repayment of IMF loan by National Bank of Georgia.

During the first quarter of 2013 official reserve assets increased by 92.5 million US dollars (153.4 million GEL) due to transactional changes and amounted to 2.9 billion US dollars (4.9 billion GEL), that covers 4.6 months of imports.