Money Transfers in October

Money Transfers in October

15 November, 2016
In October 2016, the volume of money transfers from abroad constituted 102.5 million USD (241.9 million GEL), which is 14.0 percent (12.6 million USD) more than the amount in October 2015.


91.9 percent of the total money transfers from abroad came from 13 largest donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in October 2016. In October 2015 the share of these 13 countries constituted 91.2 percent of the total volume of money transfers. 

 

Volume of money transfers in October 2016

Million US dollars

Structure of money transfers by the biggest donor countries %

October 2015

October 2016

Total     

102.5

100.0

100.0

EU Countries, total

31.9

30.4

31.2

Of which:

 

 

 

Greece

11.3

8.8

11.0

Italy

10.2

10.7

10.0

Spain

2.6

2.6

2.6

Germany

2.5

2.8

2.5

United Kingdom

1.5

1.5

1.5

France

1.1

1.2

1.0

Other Countries

70.6

69.6

68.8

Of which:

 

 

 

Russia

34.6

40.0

33.8

United States

11.6

9.7

11.3

           Turkey

8.7

5.6

8.5

Israel

5.6

3.4

5.5

Ukraine

2.0

2.1

2.0

Azerbaijan

1.2

1.5

1.2

Kazakhstan

1.1

1.3

1.1


In October 2016, 17.8 million USD (or 42.0 million GEL) was transferred from Georgia, as compared to 15.1 million USD (or 36.1 million GEL) in October 2015.

 

 

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