Money Transfers in November

Money Transfers in November

17 December, 2012

In November 2012, the volume of money transfers from abroad constituted 110.5 million USD (183.6 million GEL), which is 6.3 million USD (10.5 million GEL), or 6.1 percent more than the same amount for November 2011.

92.9 percent of total money transfers from abroad fall on those 12 big donor countries, from which the volume of such transfers exceeded 1 million USD in November. In November 2011 the share of these 12 countries constituted 92.6 percent of the total volume of money transfers.
 

 

Volume of money transfers in November, 2012

Million US Dollars

Structure of money transfers by the biggest donor countries %

November, 2011

November, 2012

Total     

110.5

100.0

100.0

Russia

61.3

52.7

55.5

Greece

11.9

11.1

10.8

Italy

8.2

8.4

7.5

USA

5.9

6.0

5.3

Ukraine

4.2

4.5

3.8

Turkey

2.4

2.0

2.2

Spain

2.2

2.6

2.0

United Kingdom

1.6

1.0

1.5

Kazakhstan

1.4

0.9

1.2

Israel

1.3

1.0

1.2

Germany

1.2

1.0

1.1

India

1.0

1.3

0.9

  

In November 2012, 10.0 million USD (or 16.6 million GEL) were transferred from Georgia instead of 8.4 million USD (or 13.9 million GEL) in November 2011.  

In the reference month, the structure of remittances by electronic wire systems is shown on the graph below.

Present statistical information is published on the website of the National Bank of Georgia at the following address: the http://nbg.gov.ge/index.php?m=306&lng=eng