Volume of remittances (in United States dollars) as a proportion of in Georgia
Georgia: Volume of remittances (in United States dollars) as a proportion of was 11.9% in 2024. ▲ Rising
Latest (2024)
11.9%
Change on year
down 13.0%
World rank
25th
of 203 countries
All-time high
15.4%
in 2022
All-time low
6.2%
in 2003
Years of data
25
2000–2024
Volume of remittances (in United States dollars) as a proportion of in Georgia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Georgia recorded 11.9% for volume of remittances (in united states dollars) as a proportion of in 2024.
That represents a change of down 13.0% on the previous year and up 7.4% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Georgia peaked at 15.4% in 2022 and was at its lowest, 6.2%, in 2003.
Georgia ranks 25th of 203 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Georgia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 6.7% | — |
| 2001 | 6.8% | +0.8% |
| 2002 | 6.7% | -1.9% |
| 2003 | 6.2% | -6.6% |
| 2004 | 7.0% | +12.4% |
| 2005 | 7.0% | -0.6% |
| 2006 | 8.1% | +16.4% |
| 2007 | 8.7% | +7.2% |
| 2008 | 8.3% | -4.1% |
| 2009 | 10.3% | +24.0% |
| 2010 | 9.5% | -7.7% |
| 2011 | 10.0% | +4.9% |
| 2012 | 10.5% | +4.8% |
| 2013 | 11.1% | +6.0% |
| 2014 | 11.1% | -0.4% |
| 2015 | 9.6% | -13.3% |
| 2016 | 9.8% | +2.8% |
| 2017 | 10.9% | +10.6% |
| 2018 | 11.4% | +4.3% |
| 2019 | 12.8% | +12.7% |
| 2020 | 13.2% | +2.9% |
| 2021 | 14.0% | +6.4% |
| 2022 | 15.4% | +10.0% |
| 2023 | 13.7% | -11.5% |
| 2024 | 11.9% | -13.0% |
Georgia compared with similar countries
- Georgia's 11.9% is above the median for upper middle income countries, which is 3.6%, 3.3× the median. (53 countries reporting)
- Georgia's 11.9% is above the median for Europe & Central Asia, which is 1.5%, 7.7× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.6% | 6.2% | 10.3% | 10 |
| 2010s | 10.7% | 9.5% | 12.8% | 10 |
| 2020s | 13.6% | 11.9% | 15.4% | 5 |
Countries ranked near Georgia
- 22 Polynesia 12.4% compare
- 23 Cabo Verde 12.3% compare
- 24 Yemen 12.0% compare
- 26 Timor-Leste 11.8% compare
- 26 East Timor 11.8% compare
- 28 Senegal 10.6% 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 volume of remittances (in united states dollars) as a proportion of in Georgia?
- Volume of remittances (in united states dollars) as a proportion of in Georgia was 11.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Georgia?
- The highest recorded value was 15.4% in 2022.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Georgia?
- The lowest recorded value was 6.2% in 2003.
- How does Georgia rank for volume of remittances (in united states dollars) as a proportion of?
- Georgia ranks 25th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Georgia?
- Over the last ten years it is up 7.4%. The long-run trend across the full record is rising.
- Where does this Georgia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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