According to the National Bank of Georgia (NBG), remittances sent to Georgia in June totaled USD 315.5 million, marking a 12.2% year-on-year increase. At the same time, outflows from Georgia—funds transferred abroad—rose by 21.8%, reaching USD 34.3 million.

The NBG identified the European Union as the main driver of the increase, with remittances from EU countries growing by 17.3% compared to June 2024. Transfers from the United States also saw strong growth, rising 23.0%. In contrast, remittances from Russia declined by 2.8%.

Key Sources of Remittances in June:

• European Union: 44.4% of total inflows

  • Italy: 16.4%

  • Germany: 8.6%

  • Greece: 8.1%

• United States: 18.6%

• Russia: 13.0%

The latest figures reflect a continuing trend of diversification in remittance sources, with increasing reliance on Western countries and a gradual decline in inflows from Russia.