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    Home EURASIA Georgia

    Money Transfers to Georgia Up 9.8% in March, EU and US Lead – Civil Georgia

    The Analyst by The Analyst
    April 22, 2026
    in Georgia
    Money Transfers to Georgia Up 9.8% in March, EU and US Lead – Civil Georgia


    Money transfers to Georgia from abroad reached USD 320.60 million in March, marking a 9.8% increase compared to the same month last year, according to data from the National Bank of Georgia (NBG).

    READ ALSO

    Georgia’s Annual Inflation at 5.9% in April 2026 – Civil Georgia

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    Once again, the largest share of these inflows came from the European Union and the United States, which together accounted for 64,4% of all transfers, totaling USD 206,58 million.

    Transfers from EU countries alone totaled USD 145.58 million, representing 45.41% of overall inflows and a 10.71% increase compared to March 2025.

    At the country level, the United States ranked first with USD 61 million (19.03%), followed by Italy with USD 55.29 million (17.25%). Other contributors included Russia with USD 38.2 million (11.91%), Germany with USD 28.33 million (8.84%) and Greece with USD 26.89 million (8.39%).

    China recorded the sharpest year-on-year growth, with transfers increasing to USD 1.61 million. Significant growth was also reported from Armenia, up 40.71% to USD 1.42 million; Turkey, up 33.92% to USD 11.55 million; the Netherlands, up 30.15% to USD 2 million; and Spain, up 25.64% to USD 8.75 million.

    By contrast, Kyrgyzstan saw the largest decline, with transfers falling 43.52% year-on-year to USD 3.97 million.

    Meanwhile, money transfers from Georgia totaled USD 36.7 million in March 2026, up 14.5% from USD 31.2 million in March 2025.

    Personal remittances to Georgia account for 11.9% of the country’s gross domestic product (GDP), according to the World Bank’s 2024 data.

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