Money Transfers in May
In May 2011 the volume of money transfers from abroad constituted 93.1 million USD, which is 21.0 million USD or 29.2 percent more than the same amount for May 2010. During this period, the volume of remittances grew from Russia (by 10.0 million), Kazakhstan (by 3.6 million), Italy (by 3.0 million), as well as for several other countries.
90.4 percent of total money transfers from abroad fall on those 10 big donor countries, from which the volume of such transfers exceeded 1 million USD in May. In May 2010 the share of these 10 countries constituted 90.9 percent of the total volume of money transfers.
|
|
Volume of money transfers in May, 2011 Million US Dollars |
Structure of money transfers by the biggest donor countries % |
|
|
May, 2010 |
May, 2011 |
||
|
Total |
93.1 |
100.0 |
100.0 |
|
Russia |
49.1 |
54.2 |
52.7 |
|
Greece |
7.4 |
7.3 |
8.0 |
|
Italy |
6.7 |
5.2 |
7.2 |
|
USA |
5.7 |
8.7 |
6.2 |
|
Kazakhstan |
4.1 |
0.8 |
4.4 |
|
Ukraine |
3.8 |
6.8 |
4.1 |
|
Turkey |
2.4 |
4.2 |
2.5 |
| Spain |
2.1 |
2.5 |
2.3 |
| India | 1.6 | 0.0 | 1.7 |
| Israel |
1.3 |
1.3 |
1.4 |
In May 2011 6.7 million USD were transferred from Georgia, instead of 5.8 million USD in May 2010.
In the reporting month, the structure of remittances by electronic wire systems is shown on the graph below.
Present statistical information is being published on the statistics headlines.