Money Transfers in March

Money Transfers in March

15 April, 2016

In March 2016, the volume of money transfers from abroad constituted 90.7 million USD (216.8 million GEL), which is 1.3 percent (1.2 million USD) less than the amount in March 2015.

 

89.4 percent of the total money transfers from abroad came from 11 largest donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in March 2016. In March 2015 the share of these 11 countries constituted 89.6 percent of the total volume of money transfers.

 

 

Volume of money transfers in March 2016 Million US dollars

Structure of money transfers by the biggest donor countries %

March 2015

March 2016

Total     

90.7

100.0

100.0

EU Countries, total

30.0

34.7

33.0

Of which:

 

 

 

Greece

9.9

15.6

11.0

Italy

9.8

9.6

10.8

Spain

2.8

2.3

3.0

Germany

2.6

2.2

2.8

United Kingdom

1.3

1.4

1.4

Other Countries

60.7

65.3

67.0

Of which:

 

 

 

Russia

30.0

37.2

33.1

United States

10.0

9.2

11.0

           Turkey

7.4

7.2

8.2

Israel

4.4

2.8

4.9

Ukraine

1.7

1.7

1.9

Iraq

1.2

0.5

1.4

  

In March 2016, 16.6 million USD (or 39.6 million GEL) was transferred from Georgia, as compared to 15.0 million USD (or 33.0 million GEL) in March 2015.




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