Azerbaijan has become the top destination for money transfers from Georgia, receiving $57 million in the first nine months of this year, according to data released by the National Bank of Georgia. That puts Azerbaijan ahead of both Turkey and Russia.
Total outbound money transfers from Georgia reached $322.4 million between January and September 2026, the National Bank of Georgia said. That marks a 6.8% increase from the same period last year, when the figure stood at $301.7 million.
Azerbaijan received the largest share of these transfers, at $57 million. Turkey came second with $53.9 million, while Russia ranked third with $29.9 million.
Further down the list, Ukraine received $20.6 million and Greece $19.4 million. They were followed by Uzbekistan with $18.8 million, Italy with $12.4 million, Germany with $9.4 million, the United States with $9 million and Kazakhstan with $4.9 million.
Top 10 destinations dominate transfers
The top 10 recipient countries together accounted for $235.4 million, or roughly 73% of all money transfers sent out of Georgia during the period.
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