analytics

A New Record in Remittance Inflows

In June 2025, **monetary remittances sent to Georgia reached \$315.5 million**, marking a **12.2% increase** compared to the same

A New Record in Remittance Inflows

In June 2025, **monetary remittances sent to Georgia reached \$315.5 million**, marking a **12.2% increase** compared to the same month of the previous year and setting an **absolute record in the country’s recent economic history**. According to the National Bank of Georgia, the data clearly illustrates the country’s **increasingly strong financial ties with global networks**, spanning across Europe, the United States, and several CIS countries.

A defining trend of the year is the growing role of the **European Union** in this process. In June, **transfers from EU countries made up 44.4% of total remittances**, amounting to **\$140.2 million**. In effect, **nearly every second dollar sent to Georgia originates from Europe**. The annual growth rate in this region stands at **17.3%**, with **Italy, Germany, and Greece** leading as the most important countries for Georgian migrants who continue to **support their families back home financially**.

The **U.S. market** has shown remarkable dynamism as well—**\$58.7 million** was transferred from the United States in June, reflecting a **23% year-on-year growth**. American remittances are playing an increasingly important role in **transforming Georgia’s socioeconomic landscape**, **strengthening the middle class**, and **enhancing household financial stability**.

In contrast, the volume of remittances from **Russia has declined sharply**. In June 2025, transfers from Russia dropped by **15.9%**, totaling only **\$41.1 million**. This signals a clear warning for the Georgian economy: **long-standing dependence on Russian remittance flows is steadily weakening**, and the structure is now **shifting westward**.

The **top 10 countries** sending the most money to Georgia are currently the **U.S., Italy, Russia, Germany, Greece, Israel, Kyrgyzstan, Turkey, Spain, and Kazakhstan**. The **diversification among these countries is evident**, and with globalization accelerating, both the **volume and variety of origins** are expected to increase even further.

On the reverse side, **outbound remittances** from Georgia also saw a notable rise. In June, Georgians sent **\$34.3 million abroad**, up **nearly 22%** compared to last year. This points to the fact that **economic activity and growth within Georgia are now also enabling migrants abroad to receive financial support from family members working in the country**.

This **structural transformation of remittance flows** is playing a significant role in shaping Georgia’s **economic and social environment**. The foundation for **economic growth, an expanding consumer market, and household income stability** lies in these **multifaceted and globally diversified streams**. Georgia’s path toward **greater financial independence** no longer begins solely within its borders—it now extends outward through the **global network of migrants**, where **each new dollar or euro ultimately strengthens the country’s economic resilience**.