March remittances up 49.5% year-to-year

March remittances up 49.5% year-to-year

access_time2021-04-15 15:19:51

In March 2021, the volume of money transfers from abroad constituted 188.2 million USD (627.7 million GEL), which is 49.5% (62.3 million USD) more than the amount in March 2020.


94.7% percent of the total money transfers from abroad came from 19 largest partner countries, with the volume of transfers from these countries each exceeding 1 million USD in March 2021. In March 2020 the share of these 19 countries constituted 94.8% percent of the total volume of money transfers.


In March 2021, 24.9 million USD (or 83.0 million GEL) was transferred from Georgia, which is 21.9% more as compared to 20.4 million USD in March 2020.


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