Remittances in Georgia increased to 421156 USD Thousands in the fourth quarter of 2018 from 411157 USD Thousands in the third quarter of 2018. Remittances in Georgia averaged 245596.88 USD Thousands from 2003 until 2018, reaching an all time high of 421156 USD Thousands in the fourth quarter of 2018 and a record low of 33643 USD Thousands in the first quarter of 2003.
Remittances in Georgia is expected to be 349000.00 USD Thousands by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Georgia to stand at 375000.00 in 12 months time. In the long-term, the Georgia Remittances is projected to trend around 379000.00 USD Thousands in 2020, according to our econometric models.