Money Transfers in September

Money Transfers in September

16 October, 2017

In September 2017, the volume of money transfers from abroad constituted 124.4 million USD (306.8 million GEL), which is 24.2 percent (24.2 million USD) more than the amount in September 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 September 2017. In September 2016 the share of these 14 countries constituted 93.2 percent of the total volume of money transfers.

 

Volume of money transfers in September 2017

Million US dollars

Structure of money transfers by the biggest donor countries %

September 2016

September 2017

Total     

124.4

100.0

100.0

EU Countries, total

38.8

31.1

31.2

Of which:

 

 

 

Italy

13.0

10.0

10.5

Greece

13.0

10.8

10.5

Germany

3.1

2.5

2.5

Spain

3.1

2.4

2.5

UK

1.6

1.9

1.2

France

1.2

1.0

1.0

Other Countries

85.6

68.9

68.8

Of which:

 

 

 

Russia

40.7

34.9

32.8

United States

12.6

12.2

10.1

            Israel

11.6

5.8

9.3

Turkey

9.5

7.4

7.7

Ukraine

2.2

1.5

1.8

Kazakhstan

1.5

0.9

1.2

Azerbaijan

1.1

1.1

0.9

Canada

1.1

0.8

0.9

 

In September 2017, 19.0 million USD (or 46.8 million GEL) was transferred from Georgia, as compared to 15.3 million USD (or 35.4 million GEL) in September 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