Money Transfers in October

Money Transfers in October

16 November, 2015

In October 2015, the volume of money transfers from abroad constituted 89.9 million USD (215.2 million GEL), which is 27.4 percent (34.0 million USD) less than the amount in October 2014.

92.7 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 2015. In October 2014 the share of these 14 countries constituted 93.6 percent of the total volume of money transfers.

 

 

Volume of money transfers in October 2015Million US dollars

Structure of money transfers by the biggest donor countries %

October 2014

October 2015

Total     

89.9

100.0

100.0

EU Countries, total

27.4

28.2

30.4

Of which:

 

 

 

Italy

9.6

7.7

10.7

Greece

7.9

12.8

8.8

Germany

2.5

1.8

2.8

Spain

2.3

1.8

2.6

United Kingdom

1.3

1.0

1.5

France

1.0

0.8

1.2

Other Countries

62.6

71.8

69.6

Of which:

 

 

 

Russia

36.0

50.2

40.0

United States

8.8

5.9

9.7

Turkey

5.0

4.7

5.6

Israel

3.1

1.7

3.4

Ukraine

1.9

1.9

2.1

Iraq

1.4

0.5

1.6

Azerbaijan

1.3

1.3

1.5

Kazakhstan

1.2

1.4

1.3

 

In October 2015, 15.1 million USD (or 36.1 million GEL) was transferred from Georgia, as compared to 17.0 million USD (or 29.9 million GEL) in October 2014.

 


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