Money Transfers in March

Money Transfers in March

13 April, 2017

In March 2017, the volume of money transfers from abroad constituted 112.0 million USD (276.6 million GEL), which is 23.5 percent (21.3 million USD) more than the amount in March 2016.

 

92.6 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 March 2017. In March 2016 the share of these 14 countries constituted 92.3 percent of the total volume of money transfers.

 

Volume of money transfers in March 2017

Million US dollars

Structure of money transfers by the biggest donor countries %

March 2016

March 2017

Total     

112.0

100.0

100.0

EU Countries, total

33.3

33.0

29.8

Of which:

 

 

 

Greece

11.6

11.0

10.3

Italy

11.1

10.8

9.9

Spain

2.8

3.0

2.5

Germany

2.6

2.8

2.3

UK

1.2

1.4

1.1

France

1.2

1.1

1.1

Other Countries

78.7

67.0

70.2

Of which:

 

 

 

Russia

38.3

33.1

34.2

United States

11.8

11.0

10.5

           Turkey

9.3

8.2

8.3

Israel

8.6

4.9

7.7

Ukraine

2.3

1.9

2.0

Azerbaijan

1.2

1.0

1.1

Iraq

1.0

1.4

0.9

Kazakhstan

1.1

0.9

1.0

 

In March 2017, 16.6 million USD (or 41.6 million GEL) was transferred from Georgia, as compared to 16.3 million USD (or 39.6 million GEL) in March 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