Current account deficit amounted to 573.3 million US dollars (936.0 million GEL) in the second quarter of 2012. That is 32.5 percent increase on yearly base.

Export of goods increased by 41.1 million US dollars and import of goods by 363.0 million US dollars as compared to the same quarter of previous year. As a result trade deficit increased totaling 1040.9 million US dollars (1.7 billion GEL). That is 44.8 percent higher compared to the same quarter of 2011.

Balance of services account was positive and equaled 223.4 million US dollars (364.7 million GEL). The export of services was 596.1 million US dollars (973.1 million GEL), 26.8 percent more than the figure of the same quarter of 2011. Import of services amounted to 372.2 million US dollars (608.5 million GEL). That is 13.5 percent increase as compared to the second quarter of 2011.

From services account travel had the most significant positive balance (270.4 million US dollars or 441.1 million GEL). It has increased 62.3 percent compared to the figure of the same period of 2011.

Balance of income was negative equaling -37.3 million US dollars (-60.9 million GEL). Income credit amounted to 279.2 million US dollars (455.8 million GEL), 60.9 percent higher than the figure for the same quarter of 2011. Income debit totaled 316.5 million US dollars (516.7 million GEL) was 7.4 percent less than the figure of the same quarter of 2011.

Current transfers was the largest positive component of the current account and amounted to 281.5 million US dollars (459.6 million GEL). The annual decline of this component was 9.9 percent. Inflow of current transfers equaled 304.5 million US dollars (497.1 million GEL), while outflow made up 23.0 million US dollars (37.5 million GEL). Annual decrease of net current transfers of public sector was 68.8 percent, while other sectors current transfers increase was 0.4 percent.

Net capital transfers inflow equaled to 33.6 million US dollars (54.9 million GEL).

Net foreign direct investments amounted to 147.2 million US dollars (240.3 million GEL) in the second quarter of 2012. Foreign direct investment to Georgia made up 219.9 million US dollars (359.0 million GEL), that is 11.5 percent decrease as compared to the same quarter of 2011. Out of total foreign direct investments to Georgia investment in equity capital amounted to 95.3 million US dollars (155.6 million GEL), reinvested earnings to -93.9 million US dollars (-190.8 million GEL), and other capital to 218.5 million US dollars (356.8 million GEL).

Balance of portfolio investments amounted to 248.3 million US dollars (405.4 million GEL). Outward investments amounted to 42.5 million US dollars (69.4 million GEL), while investment to Georgia made up 290.8 million US dollars (474.7million GEL). Portfolio investments assets grew due to banking sectors' investment to equity capital, while liabilities increased due to issue of new debt securities (Eurobonds, treasury bills and government bonds).

Positive balance of other investments amounted to 174.5 million US dollars (284.9 million GEL). Of which assets increased by 23.9 million USD (39.0 million GEL) and liabilities by 198.4 million USD (323.9 million GEL). Other investment liabilities increased due to private sector's loans.

Official reserve assets increased by 7.7 million US dollars (12.5 million GEL) due to transactional changes during the second quarter of 2012.