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

In the fourth quarter of 2024, the current account deficit totaled -614.8 million USD (1.7 billion GEL). The trade of goods and income account make negative contribution to current account, while services account and current transfers - positive. In the fourth quarter of 2024 current account balance improved by 3.8 percent annually. Current account to GDP ratio accounted to -6.7 percent compared to -7.7 percent in the previous year. For 2024 annual current account to GDP ratio amounted to -4.4 percent.

Balance of goods is the major contributor to the current account deficit. Trade of goods deficit increased by 1.5 percent annually and amounted to 1.7 billion USD (4.6 billion GEL) in the fourth quarter. Exports of goods increased by 16.8 percent and import of goods increased by 9.9 percent annually.

The travel export reached 963.7 million USD (2.7 billion GEL) in the fourth quarter of 2024, up by 10.3 percent annually.

Net income account totaled -509.0 million USD (-1.4 billion GEL) in the fourth quarter of 2024. Compensation of employees, the positive component of income account decreased by 38.3 percent, and negative component, investment income decreased by 18.2 percent.

The current transfers balance is positive. Credit of current transfers decreased by 14.0 percent annually totaling 810.2 million USD (2.2 billion GEL). The private sectors transfers was down by 12.5 percent to reach 761.8 million USD (2.1 billion GEL).

Net foreign direct investments amounted to 278.1 million USD (767.0 million GEL) accounting for 3.0 percent of GDP.

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