Money Transfers in August

Money Transfers in August

15 September, 2015

In August 2015, the volume of money transfers from abroad constituted 84.4 million USD (195.9 million GEL), which is 35.1 percent (45.7 million USD) less than the amount in August 2014.

89.4 percent of the total money transfers from abroad came from 12 big donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in August 2015. In August 2014 the share of these 12 countries constituted 93.1 percent of the total volume of money transfers.  
 

 

Volume of money transfers in August 2015 Million US dollars

Structure of money transfers by the biggest donor countries %

August 2014

August 2015

Total     

84.4

100.0

100.0

EU Country, total

19.9

28.7

23.6

Of which:

 

 

 

Italy

8.9

8.3

10.6

Spain

2.5

1.9

3.0

Germany

2.2

1.5

2.6

United Kingdom

1.5

1.1

1.8

Greece

1.2

13.1

1.4

Other Countries

64.5

71.3

76.4

Of which:

 

 

 

Russia

37.6

52.0

44.5

United States

8.6

5.5

10.2

Turkey

6.0

4.0

7.1

Israel

2.8

2.1

3.3

Ukraine

1.6

1.8

1.9

Azerbaijan

1.4

1.2

1.6

Kazakhstan

1.2

1.3

1.4


In August 2015, 12.5 million USD (or 29.0 million GEL) was transferred from Georgia, as compared to 14.6 million USD (or 27.4 million GEL) in August 2014.

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     

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