Money Transfers in March

Money Transfers in March

16 April, 2018

In March 2018, the volume of money transfers from abroad constituted 131.1 million USD (320.1 million GEL), which is 17.0 percent (19.1 million USD) more than the amount in March 2017.

 

90.6 percent of the total money transfers from abroad came from 13 largest donor countries, with the volume of transfers from these countries each exceeding 1 million USD in March 2018. In March 2017 the share of these 13 countries constituted 92.0 percent of the total volume of money transfers. 

 

Volume of money transfers in March 2018

Million US dollars

Structure of money transfers by the biggest donor countries %

March 2017

March 2018

Total     

131.1

100.0

100.0

EU Countries, total

43.8

29.8

33.4

Of which:

 

 

 

Italy

15.5

9.9

11.9

Greece

13.7

10.3

10.5

Germany

3.5

2.3

2.7

Spain

3.3

2.5

2.5

France

1.5

1.1

1.1

UK

1.3

1.1

1.0

Other Countries

87.3

70.2

66.6

Of which:

 

 

 

Russia

38.1

34.2

29.1

            United States

13.0

10.5

9.9

Israel

13.0

7.7

9.9

Turkey

10.6

8.3

8.1

Ukraine

2.3

2.0

1.8

Azerbaijan

1.6

1.1

1.2

Kazakhstan

1.2

1.0

0.9


In March 2018, 20.9 million USD (or 51.1 million GEL) was transferred from Georgia, as compared to 16.8 million USD (or 41.6 million GEL) in March 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