Money Transfers in November

Money Transfers in November

14 December, 2018
In November 2018, the volume of money transfers from abroad constituted 133.1 million USD (358.9 million GEL), which is 9.0 percent (11.0 million USD) more than the amount in November 2017.


93.6 percent of the total money transfers from abroad came from 17 largest donor countries, with the volume of transfers from these countries each exceeding 1 million USD in November 2018. In November 2017 the share of these 17 countries constituted 93.3 percent of the total volume of money transfers. 

 

Volume of money transfers in November 2018

Million US dollars

Structure of money transfers by the biggest donor countries %

November 2017

November 2018

Total     

133.1

100.0

100.0

EU Countries, total

47.79

31.50

35.91

Of which:

 

 

 

            Italy

16.49

10.53

12.39

Greece

14.62

10.21

10.99

Germany

3.58

2.58

2.69

Spain

3.20

2.67

2.40

Poland

2.22

0.40

1.67

France

1.72

1.28

1.29

UK

1.33

1.11

1.00

Cyprus

1.15

0.54

0.87

Other Countries

85.29

68.50

64.09

Of which:

 

 

 

Russia

37.79

32.06

28.40

            United States

13.07

9.46

9.82

Israel

13.02

9.38

9.79

Turkey

7.56

7.79

5.68

Ukraine

2.64

2.04

1.98

Azerbaijan

1.97

1.28

1.48

Kyrgyzstan

1.71

0.19

1.28

Kazakhstan

1.31

0.91

0.98

Canada

1.23

0.84

0.92


In November 2018, 19.7 million USD (or 53.10 million GEL) was transferred from Georgia, as compared to 19.9 million USD (or 53.08 million GEL) in November 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