Money Transfers in June

Money Transfers in June

17 July, 2012

In June 2012, the volume of money transfers from abroad constituted 107.8 million USD (177.3 million GEL), which is 6.1 million USD (10.1 million GEL), or 5.4 percent less than the same amount for June 2011.

 

 

90.5 percent of total money transfers from abroad fall on those 11 big donor countries, from which the volume of such transfers exceeded 1 million USD in June. In June 2011 the share of these 11 countries constituted 87.9 percent of the total volume of money transfers.  

 

 

Volume of money transfers in June, 2012

Million US Dollars

Structure of money transfers by the biggest donor countries %

June, 2011

June, 2012

Total     

107.8

100.0

100.0

Russia

54.9

49.3

51.0

Greece

12.3

11.9

11.4

Italy

8.5

8.9

7.9

USA

6.7

5.5

6.2

Ukraine

3.5

3.7

3.3

Turkey

2.8

2.2

2.6

India

2.7

0.7

2.5

Spain

2.3

2.4

2.1

United Kingdom

1.8

1.2

1.6

Germany

1.1

1.0

1.0

Israel

1.0

1.1

0.9

 

In June 2012, 8.7 million USD (or 14.3 million GEL) were transferred from Georgia instead of 8.0 million USD (or 13.4 million GEL) in June 2011. In the reference month, the structure of remittances by electronic wire systems is shown on the graph below.

 

Present statistical information is published on the web - site of the National Bank of Georgia at the following address: the http://nbg.gov.ge/index.php?m=306&lng=eng