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US share of remittances to Georgia rose from 11% to 20% between 2019 and 2025

The US share of remittances to Georgia increased from 11% in 2019 to 20% in 2025, while Russia’s share fell from 23% to 13%. Investor.ge describes the structural shift in its review. Transfers from Russia declined from roughly $2.07 billion in 2022 to about $541 million in 2024.

The finance ministry separately estimates net transfers at around $3.2 billion for 2025, more than double the 2019 level. Under the IMF definition, net transfers represented about 9% of GDP in 2024. They reach 6–7% of households, accounting for 40–45% of those households’ monthly income. The ministry and the IMF use their own definitions of net transfers.

Related directory categories: Banks in Tbilisi.

Sources: Source publication.

Business News Editorial Team
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Business News Editorial Team

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The Business News Editorial Team brings together reporting on Georgia's economy and business. This byline covers finance, company developments, tourism, trade …

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