The National Bank of Georgia (NBG) reports that money transfers to Georgia from abroad reached $291.86 million in March 2025, a 3.9% increase compared to the same period last year.
The majority, 96.2%, came from 25 key partner countries, each sending over $1 million. This figure slightly dipped from 96.5% in March 2024 but emphasises the continued reliance on core remittance markets.
The Top 5 countries by remittance volume in March 2025 were:
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USA – $55 million (+22%)
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Italy – $50 million (+7%)
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Russia – $38 million (–29%)
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Greece – $24 million (+15%)
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Germany – $24 million (+19%)
Despite Russia remaining among the top three, remittances from the country saw a sharp 29% decline, while Kyrgyzstan had the most dramatic year-on-year increase at +155% ($7 million).
Other notable performers:
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United Kingdom: $4 million (+24%)
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Saudi Arabia: $2 million (+40%)
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Kazakhstan: $7 million (–44%)
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Ireland: $6 million (–18%)
Meanwhile, outward remittances from Georgia totaled $32.1 million in March, up 8.5% from $29.6 million in March 2024.
