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Money Transfers to Georgia

Russia Remains Leader in Foreign Money Transfers to Georgia

Money transfers to Georgia in January 2016 marked 66.555 million USD ($ 75,450 in January 2015).

The figure is lower compared to the December 2015 transfers, when currency remittances recorded 102 million USD.

This is a usual tendency, when the month of January records slowdown in money transfers to Georgia after the December’s intensified remittances in the New Year period. As to the year on year statistics, the downturn marked 12% compared to January 2015.

 Major transfers were carried out from the Russian Federation.

The ratio of 11 major donor countries with more than 1 million USD transfers to Georgia accounts for 88.1% in total money transfers: