Money Transfers in September

Money Transfers in September

13 October, 2016

In September 2016, the volume of money transfers from abroad constituted 100.2 million USD (231.5 million GEL), which is 13.1 percent (11.6 million USD) more than the amount in September 2015.

 


 

90.5 percent of the total money transfers from abroad came from 11 largest donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in September 2016. In September 2015 the share of these 11 countries constituted 88.5 percent of the total volume of money transfers.

 

Volume of money transfers in September 2016

Million US dollars

Structure of money transfers by the biggest donor countries %

September 2015

September 2016

Total     

100.2

100.0

100.0

EU Countries, total

31.2

29.0

31.1

Of which:

 

 

 

Greece

10.8

7.5

10.8

Italy

10.0

10.2

10.0

Germany

2.5

2.8

2.5

Spain

2.4

2.8

2.4

United Kingdom

1.9

1.5

1.9

Other Countries

69.0

71.0

68.9

Of which:

 

 

 

Russia

34.9

41.5

34.9

United States

12.2

9.9

12.2

           Turkey

7.4

5.8

7.4

Israel

5.8

3.3

5.8

Ukraine

1.5

1.9

1.5

Azerbaijan

1.1

1.3

1.1

 

In September 2016, 15.3 million USD (or 35.5 million GEL) was transferred from Georgia, as compared to 13.8 million USD (or 33.1 million GEL) in September 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