Money Transfers in June

Money Transfers in June

14 July, 2017
In June 2017, the volume of money transfers from abroad constituted 117.7 million USD (283.9 million GEL), which is 17.1 percent (17.2 million USD) more than the amount in June 2016.



92.9 percent of the total money transfers from abroad came from 14 largest donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in June 2017. In June 2016 the share of these 14 countries constituted 92.7 percent of the total volume of money transfers.

 

Volume of money transfers in June 2017

Million US dollars

Structure of money transfers by the biggest donor countries %

June 2016

June 2017

Total     

117.7

100.0

100.0

EU Countries, total

34.9

31.8

29.7

Of which:

 

 

 

Italy

11.8

10.2

10.0

Greece

11.6

11.1

9.9

Spain

3.0

2.6

2.5

Germany

2.7

2.6

2.3

UK

1.4

1.4

1.2

France

1.2

1.0

1.0

Other Countries

82.8

68.2

70.3

Of which:

 

 

 

Russia

39.4

35.6

33.5

United States

12.2

10.6

10.4

            Israel

10.4

5.0

8.9

Turkey

9.5

7.8

8.1

Ukraine

2.2

1.6

1.9

Kazakhstan

1.5

1.2

1.2

Azerbaijan

1.3

1.0

1.1

Iraq

1.0

1.2

0.9


In June 2017, 17.8 million USD (or 42.8 million GEL) was transferred from Georgia, as compared to 16.2 million USD (or 35.5 million GEL) in June 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