Money Transfers in November

Money Transfers in November

15 December, 2017

In November 2017, the volume of money transfers from abroad constituted 122.1 million USD (326.3 million GEL), which is 24.8 percent (24.3 million USD) more than the amount in November 2016.

 

 

 

 

92.3 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 November 2017. In November 2016 the share of these 14 countries constituted 92.2 percent of the total volume of money transfers.  

 

Volume of money transfers in November 2017

Million US dollars

Structure of money transfers by the biggest donor countries %

November 2016

November 2017

Total     

122.1

100.0

100.0

EU Countries, total

38.5

28.7

31.5

Of which:

 

 

 

Italy

12.9

10.2

10.5

Greece

12.5

8.7

10.2

Germany

3.3

2.5

2.7

Spain

3.2

2.5

2.6

UK

1.6

0.8

1.3

France

1.4

1.1

1.1

Other Countries

83.6

71.3

68.5

Of which:

 

 

 

Russia

39.1

36.2

32.1

United States

11.6

10.6

9.5

            Israel

11.5

6.1

9.4

Turkey

9.5

8.3

7.8

Ukraine

2.5

2.1

2.0

Azerbaijan

1.6

1.4

1.3

Kazakhstan

1.1

1.0

0.9

Canada

1.0

0.8

0.8

 

In November 2017, 19.9 million USD (or 53.1 million GEL) was transferred from Georgia, as compared to 17.1 million USD (or 42.3 million GEL) in November 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