Money Transfers in October
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