Money Transfers in February

Money Transfers in February

15 March, 2017

In February 2017, the volume of money transfers from abroad constituted 94.1 million USD (248.7 million GEL), which is 17.9 percent (14.3 million USD) more than the amount in February 2016.

 

 

90.0 percent of the total money transfers from abroad came from 11 largest donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in February 2017. In February 2016 the share of these 11 countries constituted 87.8 percent of the total volume of money transfers.

 

Volume of money transfers in February 2017

Million US dollars

Structure of money transfers by the biggest donor countries %

February 2016

February 2017

Total     

94.1

100.0

100.0

EU Countries, total

29.3

35.5

31.1

Of which:

 

 

 

Greece

10.1

11.6

10.7

Italy

9.9

12.2

10.5

Spain

2.4

2.9

2.6

Germany

2.4

3.1

2.6

Other Countries

64.8

64.5

68.9

Of which:

 

 

 

Russia

30.3

31.4

32.2

United States

10.2

11.0

10.8

           Turkey

7.6

6.2

8.1

Israel

7.6

5.0

8.0

Ukraine

1.9

1.9

2.0

Azerbaijan

1.2

1.1

1.3

UK

1.0

1.5

1.1


 
In February 2017, 14.6 million USD (or 38.5 million GEL) was transferred from Georgia, as compared to 15.7 million USD (or 39.0 million GEL) in February 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     



 

 

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