Current account deficit to increase in Georgia
Georgia, Tbilisi, Oct. 3 /Trend N.Kirtskhalia/
The current account deficit of balance payments was $573.3 million (936 million lari) in the second quarter of 2012, which is 32.5 per cent more than indicators of the same period last year. This was reported to Trend in Georgia's National Bank.
Export of goods has increased by $41.1 million, import - by $363 million in comparison with the second quarter of last year, resulting the increase of deficit in trade balance to reach $1040 million (1.7 billion laris), which is 44.8 per cent more in comparison with the same period last year.
Surplus in the balance of services amounted to $223.4 million (364.7 million lari) in the second quarter of 2012. Export of services stands by $596.1 million (973.1 million lari), which is 26.8 per cent more than the indicators of the same period last year. Import of services amounted to $372.7 million (608.5 million lari) - 13.5 per cent more than last year's indicators.
The greatest surplus in balance of services falls to the share of tourism services ($270.3 million, which is 441.1 million lari), which has grown by 62.3 per cent in comparison with last year's indicators.
The balance of income amounted to $37.3 (60.9 million lari). The credit of income stands by $279.2 million (455.8 million lari), which is 60.9 per cent more than last year's indicators. Debit of income amounted to $316.5 million (516.7 million lari), which is 7.4 per cent less than indicators of the same period in 2011.