Workers' remittances paid reached 122 USD mil in 2017 in Georgia, according to the National Statistical Office. This is 21.6 % more than in the previous year.
Historically, workers' remittances paid in Georgia reached an all time high of 122 USD mil in 2017 and an all time low of 4.50 USD mil in 1998. When compared to Georgia's main peers, workers' remittances paid in Armenia amounted to 368 USD mil, 603 USD mil in Azerbaijan, 20,610 USD mil in Russia and 1,063 USD mil in Turkey in 2017.
Georgia has been ranked 101st within the group of 142 countries we follow in terms of workers' remittances paid, 13 places above the position seen 10 years ago.
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by non-resident workers.