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Workers' Remittances, Received (As % of GDP) rose 6.58% to 0.142% in Georgia in 2021

Workers' Remittances, Received (As % of GDP) (%), 2021
Economy | Georgia | March 1, 2023
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Workers' remittances received as a share of GDP rose 6.58% to 0.142% in Georgia in 2021, according to the National Statistical Office.

Historically, workers' remittances received as a share of GDP in Georgia reached an all time high of 0.142% in 2021 and an all time low of 0.062% in 2003. When compared to Georgia's main peers, workers' remittances received as a share of GDP in Armenia amounted to 0.116%, 0.028% in Azerbaijan, 0.005% in Russia and < 0.001% in Turkey in 2021.

Georgia has been ranked 15th within the group of 112 countries we follow in terms of workers' remittances received as a share of GDP, 8 places above the position seen 10 years ago.

Workers' Remittances, Received (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Armenia % 0.141% 0.131% 0.133% 0.119% 0.112%
Azerbaijan % 0.024% 0.017% 0.028% 0.026% 0.026%
Bulgaria % 0.029% 0.031% 0.037% 0.036% 0.034%
China % 0.003% 0.002% 0.002% 0.002% 0.001%
Georgia % 0.098% 0.100% 0.110% 0.116% 0.129%
Germany % 0.005% 0.004% 0.004% 0.005% 0.005%
Greece % 0.003% 0.002% 0.002% 0.002% 0.003%
Iran % 0.003% 0.003% 0.003% 0.004% 0.005% ...
Iraq % ... ... ... ... 0.006% 0.006% 0.006% 0.003% 0.004% ...
Japan % < 0.001% < 0.001% < 0.001% < 0.001% < 0.001%
Russia % 0.005% 0.005% 0.005% 0.006% 0.006%
Turkey % 0.002% 0.001% 0.001% 0.001% 0.001%
USA % < 0.001% < 0.001% < 0.001% < 0.001% < 0.001%