Georgia receives $138.4 mln in remittances in March 2019

In March 2019, remittances leaving Georgia totalled $18.5 million, as compared to $21 million in March 2018. Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 15 Apr 2019 - 12:41, Tbilisi,Georgia

Georgia received $138.4 million from abroad in March 2019, which is 4.5% more than the amount in March 2018, says the National Bank of Georgia.

Russia ($35.42 million), Italy ($18.95 million) and Greece ($15.95 million) were the largest remittance senders in March 2019.

Overall, the vast majority (93.6%) of all money transfers from abroad came from 17 countries.

After Russia, Italy and, Greece other countries regularly sending money transfers to Georgia in March 2019 included:

  • United States – $14.76 million
  • Israel – $13.14 million
  • Turkey – $8.28 million
  • Germany – $3.91 million
  • Spain – $3.87 million
  • Ukraine – $3.11 million
  • Poland – $2.36 million
  • France – $2.06 million
  • Azerbaijan – $1.64 million
  • Kyrgyzstan – $1.43 million
  • United Kingdom – $1.37 million
  • Kazakhstan – $1.23 million
  • Canada – $1.08 million
  • Cyprus – $1.05 million

In March 2019, remittances leaving Georgia totalled $18.5 million, as compared to $21 million in March 2018.