New Record in Remittances to Georgia

In June 2025, the volume of remittances sent to Georgia reached 315.5 million USD — the highest figure in the country’s recent economic history. This represents a 12.2% increase compared to the same month last year. Data from the National Bank of Georgia clearly shows that the country is becoming increasingly integrated into the global financial network, with strong links to both the European Union, the United States, and several CIS countries.

The defining trend of the year is the growing role of the EU market. In June, remittances from EU countries accounted for 44.4% of the total — 140.2 million USD. In other words, nearly one in every two dollars sent to Georgia came from Europe. The annual growth rate for this region reached 17.3%. Within the EU, Italy, Germany, and Greece lead as the most important destinations for Georgian emigrants, where thousands of workers financially support their families back home.

The U.S. market is also showing remarkable momentum. In June, remittances from the United States totaled 58.7 million USD, marking an impressive 23% year-on-year increase. These inflows are playing a growing role in reshaping Georgia’s socio-economic landscape, strengthening the middle class, and enhancing household financial stability.

In contrast, transfers from Russia saw a sharp decline. In June 2025, the volume dropped by 15.9% to just 41.1 million USD. This is a clear signal that Georgia’s historically entrenched reliance on financial flows from Russia is diminishing, with a structural shift toward Western sources.

The top 10 countries sending remittances to Georgia now include the United States, Italy, Russia, Germany, Greece, Israel, Kyrgyzstan, Turkey, Spain, and Kazakhstan. This growing diversification — both in volume and in the variety of countries — reflects Georgia’s deeper integration into the global economy.

On the reverse side, remittances sent from Georgia abroad in June totaled 34.3 million USD, a jump of nearly 22% compared to last year. This suggests that economic growth and business activity within Georgia are now enabling residents to provide financial support to relatives and friends living abroad.

This structural transformation in remittance flows is significantly shaping Georgia’s economic and social environment. The foundations of economic growth, an expanding consumer market, and household income stability are increasingly tied to these diversified, global inflows. For Georgia, the path toward greater financial resilience begins not only within its own borders but also through the contributions of its global diaspora — each new dollar or euro ultimately strengthening the country’s long-term economic stability.