Money Transfers in May

Money Transfers in May

16 June, 2014

In May 2014, the volume of money transfers from abroad constituted 126.4 million USD (223.0 million GEL), which is 11.7 million USD (20.6 million GEL), or 10.2 percent more than the amount in May 2013.

90.5 percent of the total money transfers from abroad came from 9 big donor countries, with the volume of transfers from of these countries each exceeding 1.5 million USD in May 2014. In May 2013 the share of these 9 countries constituted 90.2 percent of the total volume of money transfers.  

 

 

Volume of money transfers in May 2014
Million US dollars

Structure of money transfers by the biggest donor countries %

May 2013

May 2014

Total     

126.4

100.0

100.0

Russia

64.2

53.1

50.8

Greece

17.8

13.4

14.0

Italy

11.1

7.8

8.8

United States

6.9

5.7

5.5

Turkey

5.7

3.3

4.5

Spain

2.6

1.8

2.0

Ukraine

2.3

2.5

1.8

Germany

2.0

1.2

1.6

Israel

1.9

1.5

1.5

 

In May 2014, 14.5 million USD (or 25.5 million GEL) was transferred from Georgia, as compared to 12.2 million USD (or 20.0 million GEL) in May 2013.

 

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