Money Transfers in January

Money Transfers in January

15 February, 2017

In January 2017, the volume of money transfers from abroad constituted 83.9 million USD (226.7 million GEL), which is 26.1 percent (17.4 million USD) more than the amount in January 2016.



88.6 percent of the total money transfers from abroad came from 10 largest donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in January 2017. In January 2016 the share of these 10 countries constituted 86.2 percent of the total volume of money transfers. 

 

Volume of money transfers in January 2017

Million US dollars

Structure of money transfers by the biggest donor countries %

January 2016

January 2017

Total     

83.9

100.0

100.0

EU Countries, total

27.1

36.6

32.3

Of which:

 

 

 

Italy

9.6

12.9

11.4

Greece

9.3

11.8

11.1

Spain

2.1

2.9

2.5

Germany

2.0

3.1

2.4

Other Countries

56.8

63.4

67.7

Of which:

 

 

 

Russia

26.5

29.8

31.5

United States

9.5

11.3

11.3

           Turkey

6.4

4.8

7.6

Israel

6.2

6.5

7.4

Ukraine

1.5

1.9

1.8

Azerbaijan

1.3

1.3

1.5

In January 2017, 13.4 million USD (or 36.1 million GEL) was transferred from Georgia, as compared to 11.9 million USD (or 29.0 million GEL) in January 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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