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Total of 144 Million USD Received and 20 Million Sent in July

In July 2018, the volume of money transfers from abroad constituted 144.2 million USD (352.9 million GEL), which is 19.3 percent (23.3 million USD) more than the amount in July 2017.

92.8 percent of the total money transfers from abroad came from 16 largest donor countries, with the volume of transfers from these countries each exceeding 1 million USD in July 2018. In July 2017 the share of these 16 countries constituted 93.8 percent of the total volume of money transfers.

 

Volume of money transfers in July 2018Million US dollars Structure of money transfers by the biggest donor countries %
July 2017 July 2018
Total      144.2 100.0 100.0
EU Countries, total 48.3 28.6 33.5
Of which:      
            Italy 16.3 10.0 11.3
Greece 15.0 8.8 10.4
Spain 4.2 2.9 2.9
Germany 3.5 2.3 2.4
France 1.8 0.2 1.2
Poland 1.7 0.8 1.2
UK 1.4 1.2 1.0
Cyprus 1.1 0.5 0.8
Other Countries 95.9 71.4 66.5
Of which:      
Russia 43.0 35.6 29.8
            United States 14.9 10.5 10.4
Israel 13.4 8.6 9.3
Turkey 10.2 7.7 7.0
Ukraine 2.7 1.9 1.9
Azerbaijan 1.7 0.9 1.2
Kazakhstan 1.6 1.0 1.1
Canada 1.3 0.8 0.9

 

In July 2018, 18.9 million USD (or 46.3 million GEL) was transferred from Georgia, as compared to 15.8 million USD (or 38.0 million GEL) in July 2017.