Georgia received USD 298.39 million in foreign money transfers in November, an 11.9% increase year-over-year, according to data released by the National Bank of Georgia (NBG). The United States and European Union countries were the largest sources, accounting for a combined share of 64.8% worth USD 193.63 million.
EU member states collectively sent USD 135.79 million to Georgia, comprising 45.51% of all transfers and marking a 14% increase compared to November 2024.
By individual countries, the top five sources were the United States with USD 57.84 million (19.3%), Italy with USD 50.31 million (16.8%), the Russian Federation with USD 38.49 million (12.9%), Germany with USD 27.49 million (9.2%), and Greece with USD 24.68 million (8.2%).
Uzbekistan recorded the highest year-on-year growth, with transfers rising 41.6% to USD 1.04 million. Substantial increases were also reported from Spain, up 39.4% to USD 7.93 million, the Netherlands (29.4%), and Russia (29.3%). In contrast, Kyrgyzstan saw the largest decline, as transfers fell 53.6% year-over-year to USD 3.72 million, according to the NBG data.
Meanwhile, money transfers from Georgia totaled USD 36.8 million in November 2025, an increase of 10.3% compared to USD 33.3 million recorded in November 2024.
According to the World Bank’s 2024 data, personal remittances to Georgia equal to 11.9% of the country’s GDP.
Also Read:
- 19/12/2025 – Georgia’s GDP Up 6.4% in Q3 2025
- 19/12/2025 – Georgia’s Foreign Trade Up 9.5% in January-November 2025
- 26/11/2025 – EU, U.S. Top Money Transfers to Georgia in October
- 14/09/2022 – Study Shows 23% of Georgian Population has Emigrated in a Decade
The post Money Transfers to Georgia Up 11.9% in November, EU and U.S. Lead first appeared on The South Caucasus News – SouthCaucasusNews.com.
