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% |