Money Transfers in November

Money Transfers in November

15 December, 2015

In November 2015, the volume of money transfers from abroad constituted 85.2 million USD (204.6 million GEL), which is 18.3 percent (19.1 million USD) less than the amount in November 2014.

91.7 percent of the total money transfers from abroad came from 13 largest donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in November 2015. In November 2014 the share of these 13 countries constituted 92.2 percent of the total volume of money transfers.

 

 

Volume of money transfers in November 2015 Million US dollars

Structure of money transfers by the biggest donor countries %

November 2014

November 2015

Total     

85.2

100.0

100.0

EU Countries, total

26.1

31.4

30.6

Of which:

 

 

 

Greece

8.7

14.2

10.2

Italy

8.6

8.6

10.1

Germany

2.3

2.0

2.7

Spain

2.1

2.2

2.5

United Kingdom

1.2

1.2

1.4

Other Countries

59.1

68.6

69.4

Of which:

 

 

 

Russia

33.4

43.9

39.2

United States

8.2

6.7

9.7

Turkey

5.0

5.5

5.8

Israel

3.1

2.0

3.7

Ukraine

1.8

2.2

2.1

Iraq

1.4

0.5

1.7

Azerbaijan

1.3

1.6

1.5

Kazakhstan

1.0

1.6

1.2

In November 2015, 14.7 million USD (or 35.4 million GEL) was transferred from Georgia, as compared to 15.7 million USD (or 28.0 million GEL) in November 2014.

 

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