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Georgia Receives $124.4 million in Remittances in September

In September 2017, the volume of money transfers from abroad constituted 124.4 million USD (306.8 million GEL), which is 24.2 percent (24.2 million USD) more than the amount in September 2016.

92.9 percent of the total money transfers from abroad came from 14 largest donor countries, with the volume of transfers from of these countries each exceeding 1 million USD in September 2017. In September 2016 the share of these 14 countries constituted 93.2 percent of the total volume of money transfers.

In September 2017, 19.0 million USD (or 46.8 million GEL) was transferred from Georgia, as compared to 15.3 million USD (or 35.4 million GEL) in September 2016.