Money Transfers in Octomber

Money Transfers in Octomber

15 November, 2013

In October 2013, the volume of money transfers from abroad constituted 132.5 million USD (220.7 million GEL), which is 16.7 million USD (28.5 million GEL), or 14.5 percent more than the amount in October 2012.

94.3 percent of the total money transfers from abroad came from 13 big donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in October 2013. In October 2012 the share of these 13 countries constituted 95.2 percent of the total volume of money transfers.  

 

 

Volume of money transfers in October 2013
Million US dollars

Structure of money transfers by the biggest donor countries %

October 2012

October 2013

Total     

132.5

100.0

100.0

Russia

73.3

56.9

55.3

Greece

17.4

11.9

13.2

Italy

9.3

7.3

7.0

United States

6.5

5.0

4.9

Ukraine

3.9

3.5

2.9

Turkey

3.6

2.3

2.7

Spain

2.4

1.9

1.8

Israel

1.7

1.1

1.3

Germany

1.7

1.0

1.3

United   Kingdom

1.5

1.4

1.1

Kazakhstan

1.4

1.3

1.1

Azerbaijan

1.2

0.8

0.9

France

1.1

0.8

0.8

In October 2013, 14.9 million USD (or 24.8 million GEL) was transferred from Georgia, as compared to 11.2 million USD (or 18.6 million GEL) in October 2012.  

The structure of remittances transferred by electronic wire systems for the reference month is shown on the graph below.

 

Present statistical information is published on the website of the National Bank of Georgia at the following address: http://nbg.gov.ge/index.php?m=306&lng=eng