Money Transfers in July

Money Transfers in July

17 August, 2010

In July 2010 the volume of money transfers from abroad constituted 81.0 million USD, which is 1.6 million USD or 2.0 percent more than the same amount for July 2009. During this period the volume of remittances significantly grew for Russia (by 5.0 million), Turkey (by 0.4 million), Germany (by 0.4 million), Israel (by 0.2 million) as well as for several other countries.

91.6 percent of total money transfers from abroad fall on those nine big donor countries, from which the volume of such transfers exceeded 1 million USD in July. In July 2009 the share of these 9 countries constituted 89.8 percent of the total volume of money transfers. 

 

Volume of money transfers in July, 2010 

Million US Dollars

Structure of money transfers by the biggest donor countries %

July, 2009

July, 2010

Total     

81.0

100.0

100.0

Russia

48.3

54.5

59.6

USA 

6.2

7.6

7.6

Greece

4.5

6.5

5.5

Italy

4.3

5.1

5.3

Ukraine

3.8

8.2

4.6

Turkey

3.1

3.3

3.8

Spain

1.8

2.4

2.2

Germany

1.4

1.2

               1.7
Israel                       1.0                1.0                1.2

In July 2010 6.3 million USD were transferred from Georgia, instead of 7.1 million USD in July 2009. 
In the reporting month, the structure of remittances by electronic wire systems is shown on the graph below.

 


Present statistical information is being published on the statistics headlines.