Money Transfers in August

Money Transfers in August

17 September, 2018

In August 2018, the volume of money transfers from abroad constituted 135.6 million USD (343.7 million GEL), which is 11.4 percent (13.9 million USD) more than the amount in August 2017.

 

93.8 percent of the total money transfers from abroad came from 17 largest donor countries, with the volume of transfers from these countries each exceeding 1 million USD in August 2018. In August 2017 the share of these 17 countries constituted 93.6 percent of the total volume of money transfers.

 

 

Volume of money transfers in August 2018

Million US dollars

Structure of money transfers by the biggest donor countries %

August 2017

August 2018

Total     

135.6

100.0

100.0

EU Countries, total

44.6

29.9

32.9

Of which:

 

 

 

            Italy

16.2

10.4

12.0

Greece

12.6

9.4

9.3

Spain

3.8

2.9

2.8

Germany

3.3

2.4

2.4

Poland

1.9

0.2

1.4

France

1.8

1.0

1.3

UK

1.2

1.2

0.9

Other Countries

91.0

70.1

67.1

Of which:

 

 

 

Russia

41.5

33.1

30.6

            United States

14.9

10.5

11.0

Israel

13.0

8.9

9.6

Turkey

7.3

8.0

5.4

Ukraine

2.3

1.8

1.7

Azerbaijan

2.0

1.1

1.5

Kyrgyzstan

1.7

0.2

1.3

Kazakhstan

1.5

1.1

1.1

Canada

1.2

0.9

0.9

Armenia

1.1

0.7

0.8

In August 2018, 18.9 million USD (or 48.0 million GEL) was transferred from Georgia, as compared to 19.4 million USD (or 46.5 million GEL) in August 2017.

 

 

 

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.xlsx