Remittances in Georgia increased to 565651.80 USD Thousands in the third quarter of 2020 from 380159 USD Thousands in the second quarter of 2020. source: National Bank of Georgia

Remittances in Georgia averaged 264593.74 USD Thousands from 2003 until 2020, reaching an all time high of 565651.80 USD Thousands in the third quarter of 2020 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 January of 2021.

Remittances in Georgia is expected to be 379000.00 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 2022, according to our econometric models.

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Georgia Remittances

Actual Previous Highest Lowest Dates Unit Frequency
565651.80 380159.00 565651.80 33643.00 2003 - 2020 USD Thousands Quarterly

Georgia Trade Last Previous Highest Lowest Unit
Balance of Trade -473.30 -418.80 -6.34 -630.76 USD Million [+]
Current Account -556.72 -414.09 20.50 -920.49 USD Million [+]
Current Account to GDP -5.10 -6.80 -5.10 -22.07 percent [+]
Imports 799.00 720.00 973.04 14.82 USD Million [+]
Exports 325.70 301.10 395.95 7.09 USD Million [+]
Remittances 565651.80 380159.00 565651.80 33643.00 USD Thousands [+]
Foreign Direct Investment 302.62 237.78 749.52 20.04 USD Million [+]
External Debt 19661.83 18762.06 19661.83 2835.30 USD Million [+]
Capital Flows 536.70 439.22 964.54 -6.75 USD Million [+]
Crude Oil Production 0.40 0.40 2.80 0.40 BBL/D/1K [+]
Terrorism Index 0.64 1.34 4.83 0.64 [+]


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