Money Transfers in July

Money Transfers in July

14 August, 2015

In July 2015, the volume of money transfers from abroad constituted 93.4 million USD (210.7 million GEL), which is 31.8 percent (43.5 million USD) less than the amount in July 2014.

 

90.9 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 July 2015. In July 2014 the share of these 12 countries constituted 93.2 percent of the total volume of money transfers.

 

 

Volume of money transfers in July 2015 Million US dollars

Structure of money transfers by the biggest donor countries %

July 2014

July 2015

Total     

93.4

100.0

100.0

EU Country, total

23.1

28.4

24.7

Of which:

 

 

 

Italy

8.7

7.7

9.4

Greece

4.5

13.6

4.8

Spain

2.2

1.8

2.4

Germany

2.1

1.5

2.3

United Kingdom

2.1

1.1

2.2

Other Countries

70.3

71.6

75.3

Of which:

 

 

 

Russia

43.2

53.0

46.2

United States

8.5

5.3

9.1

Turkey

6.2

3.7

6.6

Israel

2.8

1.3

3.0

Kazakhstan

1.7

1.3

1.8

Ukraine

1.6

1.7

1.7

Azerbaijan

1.2

1.2

1.3

 

In July 2015, 13.1 million USD (or 29.6 million GEL) was transferred from Georgia, as compared to 15.2 million USD (or 26.7 million GEL) in July 2014.

 

 

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