In 2024, USD 3.4 billion was transferred to Georgia, which was USD 785 million or 19% less than in 2023.
The ranking of the systems through which the most money was transferred last year has changed.
In 2024, the first place by remittances was taken by the European system RIA, which overtook the Russian Zolotaya Korona.
Money transfers from Russia to Georgia decreased in 2024, falling by 65% to $541 million, according to statistics released by the National Bank of Georgia (NBG).
Statistics of Remittance System for 2024
Ria - $817 million; increase of 11% y-o-y
Zolotaia Korona - $746 million; decrease of 5% y-o-y
Money Gram - $636 million; increase of 23% y-o-y
Western Union - $628 million; increase of 23% y-o-y
Intel Express - $406 million; increase of 6% y-o-y
RicoGram - $70 million; decrease of 46% y-o-y
Contact - $54 million; decrease of 81% y-o-y
The top source countries for transfers in 2024