The National Bank of Georgia (NBG) reports that Georgia received $317.4 million in remittances in May 2025, an 11.6% increase year-on-year. The $33.1 million rise reflects stable growth in money transfers from abroad, especially from the European Union and the United States. Between January and May 2025, remittances totaled $1.4 billion.
The European Union remains the largest source, accounting for 44.1% of all remittances in May. Among EU member states, Italy, Germany, and Greece are leading the list which contributes to an overall annual growth rate of 16.0%.
Transfers from the United States also continued their upward trend, rising 25.2% year-on-year to reach $59.1 million.
In contrast, remittances from Russia dropped 9.2% from the previous year, amounting to $43.7 million in May.
Meanwhile, outbound transfers from Georgia totaled $35.2 million (96.5 million GEL), a 16.8% increase compared to May 2024.
