Overseas money transfers to Georgia up in April

Overseas money transfers to Georgia up in April

access_time2019-05-15 15:18:37


In April 2019, the volume of money transfers from abroad totaled $ 137.1 million (GEL 369.4 million), which is 10.1 percent ($ 12.6 million) more than in April 2018. 

 

93.7 percent of the total money transfers from abroad came from 17 largest donor countries, with the volume of transfers from these countries each exceeding 1 million USD in April 2019. In April 2018 the share of these 17 countries amounted to  93.5 percent of the total volume of money transfers. 

 

Volume of money transfers in April 2019,

Million US dollars

Structure of money transfers by the biggest donor countries %

April 2018

April 2019

Total     

137.1

100.0

100.0

EU Countries, total

53.26

35.41

38.84

Of which:

 

 

 

            Italy

18.44

11.77

13.45

Greece

16.34

12.07

11.92

Spain

4.01

2.71

2.93

Germany

3.76

2.71

2.74

Poland

2.53

0.84

1.85

France

2.11

1.20

1.54

UK

1.43

1.05

1.05

Cyprus

1.18

0.72

0.86

Other Countries

83.86

64.59

61.16

Of which:

 

 

 

Russia

34.35

28.16

25.05

            United States

14.68

10.23

10.71

            Israel

13.33

9.59

9.72

Turkey

7.76

7.59

5.66

Ukraine

2.95

1.81

2.15

Azerbaijan

1.75

1.21

1.27

Kyrgyzstan

1.39

0.13

1.02

Kazakhstan

1.38

0.90

1.00

Canada

1.13

0.82

0.82

In April 2019, $ 19.1 million  (or 51.5 million GEL) was transferred from Georgia, as compared to $ 18.5 million  (or 45.0 million GEL) in April 2018.



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