NBG
Posted: 1 week ago

Remittance Inflows to Georgia Increase by 12.2% in June, Driven by EU and U.S. Transfers

In June 2025, the volume of remittance inflows to Georgia reached $315.5 million, marking a 12.2% increase ($34.4 million) compared to the same month in 2024. Over the first six months of the year, total remittances amounted to $1.71 billion.

According to data released today by the National Bank of Georgia, the European Union accounted for the largest share of remittance inflows, comprising 44.4% of the total—or $140.2 million—reflecting a 17.3% annual increase.

Among EU countries, Italy, Germany, and Greece stood out with particularly high contributions. Additionally, remittance flows from the United States continued their upward trend, with $58.7 million sent to Georgia in June—a 23.0% year-on-year increase.

In contrast, transfers from the Russian Federation declined. In June 2025, remittances from Russia totaled $41.1 million, representing a 15.9% annual decrease.

For context, $34.3 million (93.6 million GEL) was transferred abroad from Georgia in June, a 21.8% increase compared to $28.1 million sent abroad in June 2024.