In December 2024 the volume of money transfers from abroad constituted 285.39 million USD (802.6 million GEL), which is 8.2% (25.6 million USD) less than the amount in December, 2023, - according to the National Bank of Georgia (NBG).
As of the document, 96.0% percent of the total money transfers from abroad came from 24 largest partner countries, with the volume of transfers from these countries each exceeding 1 million USD in December 2024. In December 2023 the share of these 24 countries constituted 96.2% percent of the total volume of money transfers.
In December 2024, 34.8 million USD (or 97.8 million GEL) was transferred from Georgia, which is 7.6% more as compared to 32.3 million USD in December 2023.
The top source countries for transfers in 2024 were:
– United States: $573 million (24% increase from 2023)
– Italy: $567 million (8% increase)
– Germany: $267 million (15% increase)
– Greece: $263 million (7% increase)
– Israel: $249 million
