Money Transfers in September

Money Transfers in September

16 October, 2013

In September 2013, the volume of money transfers from abroad constituted 131.8 million USD (219.1 million GEL), which is 16.8 million USD (28.8 million GEL), or 14.6 percent more than the amount in September 2012.

94.5 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 September 2013. In September 2012 the share of these 13 countries constituted 95.6 percent of the total volume of money transfers.

 

 

Volume of money transfers in September 2013
Million US dollars

Structure of money transfers by the biggest donor countries %

September 2012

September 2013

Total     

131.8

100.0

100.0

Russia

72.5

57.2

55.0

Greece

18.6

12.0

14.1

Italy

9.1

6.8

6.9

United States

6.3

5.4

4.8

Turkey

3.8

2.5

2.9

Ukraine

3.3

3.1

2.5

Spain

2.3

1.9

1.7

Israel

1.6

1.2

1.2

Germany

1.6

0.9

1.2

United   Kingdom

1.5

1.8

1.2

Kazakhstan

1.5

1.2

1.1

Azerbaijan

1.3

0.8

1.0

France

1.1

0.8

0.9

  

In September 2013, 13.8 million USD (or 22.9 million GEL) was transferred from Georgia, as compared to 9.0 million USD (or 14.9 million GEL) in September 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