Money Transfers in November

Money Transfers in November

16 December, 2009

In November 2009 the volume of money transfers from abroad constituted 72.4 million USD, which is 8.3 million USD or 10.3 percent less than the same amount for the previous month. The decrease of overall volume of remittances is mainly due to their decrease from Russia by 6.0 million USD or 13.5 percent. 
 


89.5 percent of total money transfers from abroad fall on those eight big donor countries, from which the volume of such transfers exceeded 1 million USD in November. In October the share of these 8 countries constituted 88.6 percent of the total volume of money transfers. 
 

 

Volume of money transfers in November, 2009

Million US Dollars

Structure of money transfers by the biggest donor countries %

October, 2009

November, 2009

Total     

72.4

100.0

100.0

Russia

 38.6 

55.3

53.3

Ukraine

  6.0

7.7

8.3

USA

  5.7

7.2

7.9

Greece

  5.5

7.4

 7.6 

Italy 

  3.7

5.0

5.1

Turkey

  2.2

 2.0 

3.1

Spain

  1.9

2.7

2.7

Cyprus

  1.1

1.4

1.5


In November 2009 6.1 million USD were transferred from Georgia, while in October 2009 this figure amounted to 6.5 million USD.
In the reporting month, the structure of remittances by electronic wire systems is shown on the graph below.
 

Present statistical information is being published on the statistics headlines.