Money Transfers in December

Money Transfers in December

15 January, 2016

In December 2015, the volume of money transfers from abroad constituted 101.9 million USD (244.5 million GEL), which is 12.2 percent (14.2 million USD) less than the amount in December 2014.

91.8 percent of the total money transfers from abroad came from 13 largest donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in December 2015. In December 2014 the share of these 13 countries constituted 92.6 percent of the total volume of money transfers.  

 

 

Volume of money transfers in December 2015 Million US dollars

Structure of money transfers by the biggest donor countries %

December 2014

December 2015

Total     

101.9

100.0

100.0

EU Countries, total

31.3

34.0

30.7

Of which:

 

 

 

Italy

10.9

9.7

10.7

Greece

9.7

15.5

9.5

Germany

2.8

2.3

2.8

Spain

2.7

2.3

2.6

United Kingdom

1.4

1.1

1.3

Other Countries

70.6

66.0

69.3

Of which:

 

 

 

Russia

40.5

40.4

39.8

United States

10.1

7.4

10.0

           Turkey

5.5

5.7

5.4

Israel

3.7

2.2

3.6

Ukraine

2.2

2.3

2.2

Iraq

1.4

0.4

1.4

Azerbaijan

1.4

1.8

1.4

Kazakhstan

1.2

1.6

1.1

In December 2015, 17.8 million USD (or 42.6 million GEL) was transferred from Georgia, as compared to 20.2 million USD (or 38.1 million GEL) in December 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