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remittances

remittances

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Datablog | The importance of remittances for Georgian households
Analysis

Datablog | The importance of remittances for Georgian households

A

A new analysis of 2019 Caucasus Barometer data suggests that those Georgians whose households received remittances from abroad had a significant increase in economic wellbeing. Immigration from Georgia is common, with a prime motivator being the difficult economic situation in the country. Indeed, about three-quarters of Georgians have a close relative living abroad, and most send remittances to their relatives in Georgia. In turn, remittances made up 12.9%  of the country’s GDP in 2019. By co

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