Money Transfers in October

Money Transfers in October

15 November, 2018

In October 2018, the volume of money transfers from abroad constituted 137.2 million USD (365.0 million GEL), which is 11.6 percent (14.2 million USD) more than the amount in October 2017.

 

 

 

 

93.4 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 October 2018. In October 2017 the share of these 17 countries constituted 93.5 percent of the total volume of money transfers.  

 

 

Volume of money transfers in October 2018

Million US dollars

Structure of money transfers by the biggest donor countries %

October 2017

October 2018

Total     

137.2

100.0

100.0

EU Countries, total

49.38

31.55

35.99

Of which:

 

 

 

            Italy

16.67

10.33

12.15

Greece

15.34

10.75

11.18

Germany

3.78

2.59

2.75

Spain

3.44

2.40

2.51

Poland

2.21

0.33

1.61

France

1.76

1.19

1.28

UK

1.47

1.16

1.07

Cyprus

1.27

0.55

0.93

Other Countries

87.81

68.45

64.01

Of which:

 

 

 

Russia

39.66

31.93

28.90

            United States

14.35

9.98

10.46

Israel

11.99

8.95

8.74

Turkey

7.52

8.19

5.48

Ukraine

2.65

1.94

1.93

Azerbaijan

1.86

1.04

1.35

Kyrgyzstan

1.68

0.30

1.22

Kazakhstan

1.42

0.94

1.04

Canada

1.14

0.91

0.83

In October 2018, 21.2 million USD (or 56.4 million GEL) was transferred from Georgia, as compared to 18.5 million USD (or 46.2 million GEL) in October 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