Money Transfers in January

Money Transfers in January

17 February, 2014

In January 2014, the volume of money transfers from abroad constituted 98.7 million USD (173.6 million GEL), which is 4.6 million USD (8.0 million GEL), or 4.9 percent more than the amount in January 2013.



93.2 percent of the total money transfers from abroad came from 12 big donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in January 2014. In January 2013 the share of these 12 countries constituted 94.0 percent of the total volume of money transfers. 

 

 

Volume of money transfers in January 2014
Million US dollars

Structure of money transfers by the biggest donor countries %

January 2013

January 2014

Total     

98.7

100.0

100.0

Russian Federation

46.6

51.7

47.2

Greece

14.9

13.5

15.1

Italy

9.2

8.8

9.4

United States

5.5

5.4

5.5

Ukraine

3.7

4.1

3.7

Turkey

3.4

2.3

3.5

Spain

2.0

1.9

2.0

Germany

1.6

1.2

1.6

Israel

1.4

1.3

1.5

United Kingdom

1.4

1.8

1.4

Kazakhstan

1.2

0.8

1.2

Azerbaijan

1.2

1.1

1.2



In January 2014, 12.2 million USD (or 21.5 million GEL) was transferred from Georgia, as compared to 9.5 million USD (or 15.7 million GEL) in January 2013.

The structure of remittances transferred by electronic wire systems for the reference month is shown on the graph below.

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

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