Money Transfers in October

Money Transfers in October

16 November, 2017

In October 2017, the volume of money transfers from abroad constituted 123.0 million USD (307.1 million GEL), which is 20.0 percent (20.5 million USD) more than the amount in October 2016.

 

 

92.9 percent of the total money transfers from abroad came from 14 largest donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in October 2017. In October 2016 the share of these 14 countries constituted 93.2 percent of the total volume of money transfers.  

 

 

Volume of money transfers in October 2017

Million US dollars

Structure of money transfers by the biggest donor countries %

October 2016

October 2017

Total     

123.0

100.0

100.0

EU Countries, total

38.8

31.2

31.5

Of which:

 

 

 

Greece

13.2

11.0

10.8

Italy

12.7

10.0

10.3

Germany

3.2

2.5

2.6

Spain

3.0

2.6

2.4

UK

1.5

1.0

1.2

France

1.4

1.5

1.2

Other Countries

84.2

68.8

68.5

Of which:

 

 

 

Russia

39.3

33.8

31.9

United States

12.3

11.3

10.0

            Israel

11.0

5.5

9.0

Turkey

10.1

8.5

8.2

Ukraine

2.4

2.0

1.9

Azerbaijan

1.3

1.2

1.0

Kazakhstan

1.2

1.1

0.9

Canada

1.1

0.8

0.9

In October 2017, 18.5 million USD (or 46.2 million GEL) was transferred from Georgia, as compared to 17.8 million USD (or 42.0 million GEL) in October 2016.

 

 

 

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