Money Transfers in November

Money Transfers in November

16 December, 2011

In November 2011, the volume of money transfers from abroad constituted 91.1 million USD (or 151.0 million GEL), which is 7.3 million USD (or 12.1 million GEL), or 8.7 percent more than the same amount for November 2010.


90.8 percent of total money transfers from abroad fall on those 10 big donor countries, from which the volume of such transfers exceeded 1 million USD in November. In November 2010 the share of these 10 countries constituted 90.2 percent of the total volume of money transfers. 
 

 

Volume of money transfers in August, 2011

Million US Dollars

Structure of money transfers by the biggest donor countries %

August, 2010

August, 2011

Total

91.1 

100.0

100.0

Russia

52.5

55.3

57.7

Greece

6.4

6.1 

7.0

Italy

5.9

6.1

6.5

USA

5.7

6.9 

6.3

Ukraine

4.6

6.7

5.1

Spain

2.1

2.4 

2.3

Turkey

2.0 

3.5

2.2

India

1.4 

0.1

1.5

Israel

1.0

1.4

1.1

Germany

1.0

1.7

1.1 


In November 2011, 7.5 million USD (or 12.5 million GEL) were transferred from Georgia instead of 8.0 million USD (or 14.1 million GEL) in November 2010. 
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.