Money Transfers in January

Money Transfers in January

15 February, 2016

In January 2016, the volume of money transfers from abroad constituted 66.5 million USD (162.1 million GEL), which is 11.8 percent (8.9 million USD) less than the amount in January 2015.

 

 

 

 

88.1 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 January 2016. In January 2015 the share of these 11 countries constituted 88.8 percent of the total volume of money transfers.  

 

 

Volume of money transfers in January 2016
Million US dollars

Structure of money transfers by the biggest donor countries %

January 2015

January 2016

Total     

66.5

100.0

100.0

EU Countries, total

24.3

37.5

36.6

Of which:

 

 

 

Italy

8.6

11.3

12.9

Greece

7.9

16.2

11.8

Germany

2.0

2.5

3.1

Spain

1.9

2.4

2.9

United Kingdom

1.0

1.3

1.5

Other Countries

42.2

62.5

63.4

Of which:

 

 

 

Russia

19.8

34.3

29.8

United States

7.5

8.7

11.3

           Turkey

4.3

6.4

6.5

Israel

3.2

2.6

4.8

Ukraine

1.2

2.7

1.9

Iraq

1.1

0.5

1.7

In January 2016, 11.9 million USD (or 29.0 million GEL) was transferred from Georgia, as compared to 12.5 million USD (or 24.3 million GEL) in January 2015.

 

 

 

 

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