The National Bank of Georgia published money transfers statistics for January 2025.

According to statistics, remittances from European Union countries dominate the total inflows, reaching $109.3 million and constituting 45.1% of all transfers. Within the EU, Italy, Germany, and Greece emerge as the principal sources of these financial flows.

The United States continues to demonstrate robust growth in remittance volumes, with January transfers reaching $47.3 million – marking a significant 23.2% increase compared to the same period last year.

However, the overall picture shows a decline, with total remittances to Georgia in January 2025 decreasing by 8.5% to $242.4 million. This downturn is primarily attributed to reduced transfers from Russia. The trend of declining remittances extends to Kazakhstan as well.

Meanwhile, outbound financial flows from Georgia have increased, with $28.2 million sent abroad in January 2025, representing an 8.4% rise compared to the previous year’s corresponding period, according to the National Bank’s statement.