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US remains top source of money transfers to Georgia

15 May 2026 20:58

Private money transfers to Georgia totalled nearly $318.1 million in April 2026, marking a 7.6% increase compared to the same period last year, with the United States being the largest source of remittances, the National Bank of Georgia stated.

In nominal terms, inflows rose by $22.5 million year-on-year, Caliber.Az reports, citing Georgian media.

The National Bank of Georgia said the United States contributed $51.3 million. Transfers from the US increased by 8% over the year, accounting for 18.3% of total inflows.

Italy ranked second with $53.4 million (+6.4%), followed by Russia with $42 million, where growth stood at just over 5.5%.

Other major sources included Germany ($28.6 million, +15%), Israel ($27.2 million, +23%), and Greece ($25.4 million, +3%). The top ten also featured Türkiye ($11.5 million, +34%), Spain ($8.8 million, +11%), Kazakhstan ($8 million, +12.5%), and France ($6.4 million, +15%).

Outflows also increased, with $35.2 million transferred abroad from Georgia in April, up 10.2% compared to March 2025.

Remittances remain a key source of foreign currency inflows for Georgia’s economy, supporting household consumption and domestic demand.

By Bakhtiyar Abbasov

Caliber.Az
Views: 542

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