Average remittance costs of sending $200 to a receiving country as a in Georgia
Georgia: Average remittance costs of sending $200 to a receiving country as a was 1.5% in 2021. ▼ Falling
Latest (2021)
1.5%
Change on year
up 35.5%
World rank
109th
of 110 countries
All-time high
2.6%
in 2011
All-time low
1.1%
in 2020
Years of data
7
2011–2021
Average remittance costs of sending $200 to a receiving country as a in Georgia, 2011–2021
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for average remittance costs of sending $200 to a receiving country as a in Georgia is 1.5%, measured in 2021.
That represents a change of up 35.5% on the previous year and down 43.3% over ten years.
Over the whole period, average remittance costs of sending $200 to a receiving country as a in Georgia peaked at 2.6% in 2011 and was at its lowest, 1.1%, in 2020.
That places Georgia 109th out of 110 countries with data for 2021, putting it in the bottom quarter.
Average remittance costs of sending $200 to a receiving country as a in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 2.6% | — |
| 2015 | 1.2% | -55.5% |
| 2017 | 1.3% | +14.5% |
| 2018 | 1.3% | -4.5% |
| 2019 | 1.4% | +10.9% |
| 2020 | 1.1% | -22.5% |
| 2021 | 1.5% | +35.5% |
Georgia compared with similar countries
- Georgia's 1.5% is below the median for upper middle income countries, which is 5.5%, 27% of the median. (39 countries reporting)
- Georgia's 1.5% is below the median for Europe & Central Asia, which is 5.1%, 29% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.6% | 1.2% | 2.6% | 5 |
| 2020s | 1.3% | 1.1% | 1.5% | 2 |
Countries ranked near Georgia
- 106 Uzbekistan 2.4% compare
- 107 Azerbaijan 1.6% compare
- 108 Kazakhstan 1.5% compare
- 109 Belarus 1.5% compare
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 266.07 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.007 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 67.6 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.66 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 3.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0434 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 420.58 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.45 % change on previous year (2025)
Frequently asked questions
- What is average remittance costs of sending $200 to a receiving country as a in Georgia?
- Average remittance costs of sending $200 to a receiving country as a in Georgia was 1.5% in 2021, according to United Nations Statistics Division, SDG Global Database.
- What is the highest average remittance costs of sending $200 to a receiving country as a recorded in Georgia?
- The highest recorded value was 2.6% in 2011.
- What is the lowest average remittance costs of sending $200 to a receiving country as a recorded in Georgia?
- The lowest recorded value was 1.1% in 2020.
- How does Georgia rank for average remittance costs of sending $200 to a receiving country as a?
- Georgia ranks 109th out of 110 countries with data for 2021.
- Is average remittance costs of sending $200 to a receiving country as a rising or falling in Georgia?
- Over the last ten years it is down 43.3%. The long-run trend across the full record is falling.
- Where does this Georgia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Average remittance costs of sending $200 to a receiving country as a proportion of the amount remitted (%). Statizoid updates them automatically from the source API.
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