Money transfers to Georgia from abroad totaled USD 350.05 million in July 2026, up 3.9% year-on-year, or USD 13.1 million, according to the latest data published by the National Bank of Georgia (NBG) on August 17.
The European Union and the United States remained the largest sources of transfers, together accounting for 63% of total inflows, or USD 220.84 million.
Total transfers from EU member countries alone amounted to USD 153.07 million, up 2.4% year-on-year and accounting for 43.7% of total inflows.
By individual countries, the United States was the largest source with USD 67.77 million (19.3% of the total), followed by Italy with USD 55.93 million (15.9%), Russia with USD 42.02 million (12%), Germany with USD 31.72 million (9%), and Israel with USD 29.28 million (8.3%).
Among reporting countries, the largest year-on-year increase was recorded in transfers from Tajikistan, which rose 82.4% to USD 1.4 million. Lebanon followed with a 71.3% increase to USD 1.36 million, while transfers from Uzbekistan rose 25.9% to USD 1.47 million. Inflows from Israel and Belarus increased by 21.6% and 18.8%, respectively.
The sharpest decline was recorded in transfers from Kyrgyzstan, which fell 27.6% year-on-year to USD 8.17 million. Transfers from Slovakia decreased by 17.1% to USD 1.12 million, while those from Ireland and Poland fell by 13.7% and 11%, respectively. Transfers from Russia declined by 7.1% year-on-year.
Meanwhile, transfers from Georgia to other countries totaled USD 39 million in July, up 4.7% from USD 37.3 million in the same month last year.
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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