Money Transfers in March

Money Transfers in March

16 April, 2014

In March 2014, the volume of money transfers from abroad constituted 120.5 million USD (209.8 million GEL), which is 7.8 million USD (13.6 million GEL), or 6.9 percent more than the amount in March 2013.

 

90.6 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 March 2014. In March 2013 the share of these 9 countries constituted 90.7 percent of the total volume of money transfers. 

 

 

Volume of money transfers in March 2014
Million US dollars

Structure of money transfers by the biggest donor countries %

March 2013

March 2014

Total     

120.5

100.0

100.0

Russia

59.5

53.7

49.4

Greece

18.0

13.5

14.9

Italy

10.6

8.2

8.8

United States

6.3

5.5

5.3

Turkey

5.5

2.4

4.5

Ukraine

3.0

2.9

2.5

Spain

2.6

1.8

2.1

Germany

2.0

1.2

1.6

Israel

1.8

1.4

1.5

 

In March 2014, 14.2 million USD (or 24.6 million GEL) was transferred from Georgia, as compared to 11.3 million USD (or 18.7 million GEL) in March 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 

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