Remittances in Georgia increased to 421156 USD Thousands in the fourth quarter of 2018 from 411157 USD Thousands in the third quarter of 2018.

Remittances in Georgia averaged 245596.88 USD Thousands from 2003 until 2018, reaching an all time high of 421156 USD Thousands in the fourth quarter of 2018 and a record low of 33643 USD Thousands in the first quarter of 2003. This page provides - Georgia Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Remittances - values, historical data and charts - was last updated on July of 2020.

Remittances in Georgia is expected to be 375000.00 USD Thousands by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Georgia to stand at 379000.00 in 12 months time. In the long-term, the Georgia Remittances is projected to trend around 379000.00 USD Thousands in 2021, according to our econometric models.

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Georgia Remittances

Actual Previous Highest Lowest Dates Unit Frequency
421156.00 411157.00 421156.00 33643.00 2003 - 2018 USD Thousands Quarterly

Georgia Trade Last Previous Highest Lowest Unit
Balance of Trade -263.20 -237.60 -6.34 -629.01 USD Million [+]
Current Account -417.70 -534.20 12.90 -920.49 USD Million [+]
Current Account to GDP -7.70 -8.80 -5.27 -22.07 percent [+]
Imports 497.30 460.80 940.90 14.82 USD Million [+]
Exports 234.10 223.20 390.30 7.09 USD Million [+]
Foreign Direct Investment 346.98 417.35 749.52 20.04 USD Million [+]
External Debt 18630.90 17792.49 18630.90 2835.30 USD Million [+]
Capital Flows 584.14 -6.75 964.54 -6.75 USD Million [+]
Crude Oil Production 0.40 0.40 2.80 0.40 BBL/D/1K [+]
Remittances 421156.00 411157.00 421156.00 33643.00 USD Thousands [+]
Terrorism Index 1.34 1.42 4.83 1.26 [+]


Georgia Remittances
In Georgia, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).