Money Transfers in April

Money Transfers in April

15 May, 2017

In April 2017, the volume of money transfers from abroad constituted 105.8 million USD (255.7 million GEL), which is 11.6 percent (11.0 million USD) more than the amount in April 2016.

 

 

92.8 percent of the total money transfers from abroad came from 14 largest donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in April 2017. In April 2016 the share of these 14 countries constituted 92.3 percent of the total volume of money transfers. 

 

Volume of money transfers in April 2017

Million US dollars

Structure of money transfers by the biggest donor countries %

April 2016

April 2017

Total     

105.8

100.0

100.0

EU Countries, total

31.4

33.9

29.7

Of which:

 

 

 

Greece

11.0

12.4

10.4

Italy

10.1

10.3

9.6

Spain

2.8

2.8

2.7

Germany

2.5

2.8

2.4

UK

1.2

1.5

1.1

France

1.1

1.2

1.0

Other Countries

74.4

66.1

70.3

Of which:

 

 

 

Russia

35.4

33.3

33.4

United States

11.2

10.4

10.5

            Israel

9.0

4.9

8.5

Turkey

8.6

7.6

8.1

Ukraine

2.0

1.9

1.9

Azerbaijan

1.3

1.1

1.3

Kazakhstan

1.0

1.0

1.0

Iraq

1.0

1.0

0.9

 

In April 2017, 15.5 million USD (or 37.6 million GEL) was transferred from Georgia, as compared to 16.3 million USD (or 37.0 million GEL) in April 2016.

 

Present statistical information is published on the website of the National Bank of Georgia at the following address:
https://www.nbg.gov.ge/uploads/moneytransfers/money_transfers_by_countries_eng.xls