Money Transfers in July

Money Transfers in July

15 August, 2018

In July 2018, the volume of money transfers from abroad constituted 144.2 million USD (352.9 million GEL), which is 19.3 percent (23.3 million USD) more than the amount in July 2017.

 


 

92.8 percent of the total money transfers from abroad came from 16 largest donor countries, with the volume of transfers from these countries each exceeding 1 million USD in July 2018. In July 2017 the share of these 16 countries constituted 93.8 percent of the total volume of money transfers.

 

Volume of money transfers in July 2018

Million US dollars

Structure of money transfers by the biggest donor countries %

July 2017

July 2018

Total     

144.2

100.0

100.0

EU Countries, total

48.3

28.6

33.5

Of which:

 

 

 

            Italy

16.3

10.0

11.3

Greece

15.0

8.8

10.4

Spain

4.2

2.9

2.9

Germany

3.5

2.3

2.4

France

1.8

0.2

1.2

Poland

1.7

0.8

1.2

UK

1.4

1.2

1.0

Cyprus

1.1

0.5

0.8

Other Countries

95.9

71.4

66.5

Of which:

 

 

 

Russia

43.0

35.6

29.8

            United States

14.9

10.5

10.4

Israel

13.4

8.6

9.3

Turkey

10.2

7.7

7.0

Ukraine

2.7

1.9

1.9

Azerbaijan

1.7

0.9

1.2

Kazakhstan

1.6

1.0

1.1

Canada

1.3

0.8

0.9

 

In July 2018, 18.9 million USD (or 46.3 million GEL) was transferred from Georgia, as compared to 15.8 million USD (or 38.0 million GEL) in July 2017.

 

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.xlsx