Remittance Costs Statistics in Georgia (2026)
As of 2021, the average cost of sending remittances in Georgia was 0.8% of the amount sent, per World Bank World Development Indicators data. Up from 0.7% in 2020 to 0.8% in 2021 (+0.1 percentage points). Georgia ranks #3 of 24 economies in Europe & Central Asia on this measure, and #5 of 101 globally.
Key Statistics
- Latest value (2021)
- 0.8% (2021)
- Remittance Costs in Georgia as of 2021, the most recent observation in World Bank World Development Indicators data.
- Change since 2020
- +0.1 pp (2021)
- Up from 0.7% in 2020 to 0.8% in 2021 (+0.1 percentage points).
- Earliest value in this dataset (2016)
- 1.2% (2016)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 1.2% in 2016 to 0.8% in 2021.
- Peak value (2017)
- 1.6% (2017)
- Highest value in the available series; the 2021 value is 0.8%.
- Rank in Europe & Central Asia (lower is better; rank 1 = lowest)
- #3 of 24 (2021)
- Georgia ranks 3 of 24 countries in Europe & Central Asia with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #5 of 101 (2021)
- Georgia ranks 5 of 101 countries with data globally. Ranked ascending because lower values are better for this metric.
- Europe & Central Asia average
- 2.5% (2021)
- Georgia (0.8%) is below the average of 2.5% across the 24 countries in Europe & Central Asia with data.
- Personal remittances, received (current US$) (2024)
- $4.1 billion (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Georgia (2024)
- 83.8% (2024)
- 83.8% of the population in Georgia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 3.7 million (2024)
- Georgia had a population of 3.7 million in 2024 (World Bank); shown for scale only.
Trend, 2016–2021
| Year | % of amount sent | Change |
|---|---|---|
| 2021 | 0.8% | +0.1 pp |
| 2020 | 0.7% | −0.3 pp |
| 2019 | 1% | −0.2 pp |
| 2018 | 1.2% | −0.4 pp |
| 2017 | 1.6% | +0.4 pp |
| 2016 | 1.2% | — |
Frequently asked questions
What is the latest figure for average cost of sending remittances in Georgia?
The average cost of sending remittances in Georgia stood at 0.8% of the amount sent in 2021, according to World Bank World Development Indicators data.
How recent is the remittance costs data for Georgia?
The most recent observation is from 2021. World Bank World Development Indicators data is reported with a lag, so 2021 is the latest available year for Georgia.
Where does the remittance costs data for Georgia come from?
The data comes from the World Bank World Development Indicators (indicator SI.RMT.COST.IB.ZS). The latest observation for Georgia is from 2021; the snapshot was retrieved on 2026-06-10.
How has remittance costs in Georgia changed over time?
World Bank World Development Indicators data show a decline from 1.2% in 2016 to 0.8% in 2021.
How does Georgia compare with other countries in Europe & Central Asia?
Georgia ranks 3 of 24 countries in Europe & Central Asia with data (ranked ascending; lower is better), with 0.8% versus a regional average of 2.5% (latest values per country).
Source & methodology
Source: World Bank, World Development Indicators, indicator
SI.RMT.COST.IB.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .