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Money transfers to Georgia rise 12% in June, EU and US lead growth

by Mariam Razmadze
July 16, 2025
in Business & Economy, News
Reading Time: 1 min read
Money transfers to Georgia rise 12% in June, EU and US lead growth

Photo: Unimoni.

The National Bank of Georgia (NBG) released data on Tuesday revealing that money transfers to Georgia reached $315.5 million in June 2025, a 12.2% year-on-year increase. The growth shows an additional $34.4 million compared to June 2024. Total remittances for the first half of 2025 now stand at $1.715 billion.

The European Union remains the leading source of inbound remittances, making up 44.4% of June’s total with $140.2 million, up 17.3% compared to the same period last year. Italy, Germany and Greece were the top EU contributors.

Transfers from the United States jumped by 23% year-over-year to $58.7 million.

Meanwhile, remittances from Russia declined 15.9% in June, totaling $41.1 million. This shows a continued decrease in financial flows from Russia amid tension in the region.

Outbound transfers from Georgia also rose sharply. In June 2025, residents sent $34.3 million (₾93.6 million) abroad, up 21.8% from $28.1 million in June 2024.

Tags: Money TransfersNBG
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