Money Transfers in January

Money Transfers in January

15 February, 2010

In January 2010 the volume of money transfers from abroad constituted 56.0 million USD, which is 5.2 million USD or 10.3 percent more than the same amount for January 2009. During this period the volume of remittances significantly grew for Russia (by 2.0 million) and Greece (by 1.1 million).

 

88.4 percent of total money transfers from abroad fall on those seven big donor countries, from which the volume of such transfers exceeded 1 million USD in January. In January 2009 the share of these 7 countries constituted 87.9 percent of the total volume of money transfers. 

 

Volume of money transfers in January, 2010

Million US Dollars

Structure of Money transfers by the biggest donor countries %

January, 2009

January, 2010

Total    

56.0

100.0

100.0

Russia

29.1

53.3

51.9

Ukraine

4.5

7.4

8.1

USA

4.5

8.7

8.0

Greece 

4.4

6.6

7.9

Italy

3.6

6.6

6.4

Turkey

1.8

3.0

3.2

Spain

1.6

2.3

2.9

In January 2010 5.2 million USD were transferred from Georgia, instead of 5.5 million USD in January 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.