$ 133 million transferred to Georgia from Russia in April – with 300% annual increase
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The volume of remittances to Georgia from Russia in April 2022 amounted to 308.1 million US dollars (944.8 million GEL), which is 58.8% (114.1 million US dollars) more than the figure observed in the same period in April 2021.
96.2% of the amount is transferred to Georgia from the 20 largest partner countries, with remittances exceeding $ 1 million each in April.
According to statistics, most of the money in Georgia, almost 133 million dollars, was transferred from the Russian Federation. The annual growth was 299.77%. Russia's share in the total inflow volume is 43.16%.
The list of the top-10 countries, most of the remittances were transferred to Georgia from, is as follows:
- The Russian Federation - $ 133 million, an increase of 299% compared to the previous year;
- Italy - $ 33 million, an increase of 5% compared to the previous year;
- The USA - $ 25 million, an increase of 1% compared to the previous year
- Kazakhstan - $ 20 million, an increase of 705% compared to the previous year;
- Greece - $ 19 million, a decrease of 14% compared to the previous year;
- Israel - $ 16 million, an increase of 5% compared to the previous year;
- Germany - $ 12 million, an increase of 37% compared to the previous year;
- Turkey - $ 8 million, a decrease of 16% compared to the previous year;
- Azerbaijan - $ 5 million, a decrease of 45% compared to the previous year;
- Spain - $ 5 million, an increase of 8% compared to the previous year.
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One US dollar trades at GEL 2.7160
11/07/2025
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