Money Transfers in March

Money Transfers in March

15 April, 2019

In March 2019, the volume of money transfers from abroad constituted 138.4 million USD (371.4 million GEL), which is 4.5 percent (5.9 million USD) more than the amount in March 2018.

 

 

93.6 percent of the total money transfers from abroad came from 17 largest donor countries, with the volume of transfers from these countries each exceeding 1 million USD in March 2019. In March 2018 the share of these 17 countries constituted 93.0 percent of the total volume of money transfers.  


 

Volume of money transfers in March 2019,

Million US dollars

Structure of money transfers by the biggest donor countries %

March 2018

March 2019

Total     

138.4

100.0

100.0

EU Countries, total

53.00

33.89

38.30

Of which:

 

 

 

            Italy

18.95

12.07

13.69

Greece

15.95

10.53

11.52

Germany

3.91

2.70

2.82

Spain

3.87

2.53

2.80

Poland

2.36

0.71

1.70

France

2.06

1.15

1.49

UK

1.37

0.99

0.99

Cyprus

1.05

0.64

0.76

Other Countries

85.38

66.11

61.70

Of which:

 

 

 

Russia

35.42

28.90

25.59

            United States

14.76

9.86

10.66

            Israel

13.12

9.92

9.48

Turkey

8.28

8.12

5.99

Ukraine

3.11

1.74

2.25

Azerbaijan

1.64

1.23

1.19

Kyrgyzstan

1.43

0.21

1.04

Kazakhstan

1.23

0.93

0.89

Canada

1.08

0.74

0.78

 

In March 2019, 18.5 million USD (or 49.7 million GEL) was transferred from Georgia, as compared to 21.0 million USD (or 51.3 million GEL) in March 2018.

 

 

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