Georgia receives $138.4m in remittances in December 2017
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Georgia received $138.4 million from abroad in December 2017, while remittances leaving Georgia totalled $19.8 million, says the National Bank of Georgia.
Last month Georgia received 16.3 percent more in remittances than in December of 2016.
Russia ($45 million), Italy ($15.4 million) and Greece ($15.1 million) were the largest remittance senders in December 2017.
Overall, the vast majority (92.4 percent) of all money transfers from abroad came from 14 countries.
After Russia, Italy and Greece, other countries regularly sending money transfers to Georgia in December included:
- United States – $13.1 million
- Israel - $12.4 million
- Turkey - $10 million
- Germany – $3.8 million
- Spain - $3.6 million
- Ukraine - $2.6 million
- United Kingdom - $1.6 million
- France - $1.4 million
- Azerbaijan - $1.5 million
- Kazakhstan -$1.2 million
- Canada - $1.1 million
Georgia received $124.4 million from abroad in September 2017, while remittances leaving Georgia totalled $19 million, says the National Bank of Georgia.
Georgia received $121.8 million from abroad in August 2017, while remittances leaving Georgia totalled $19.4 million, says the National Bank of Georgia.
Georgia received 20.1 percent more in remittances in July of 2017 than the same time period last year.
Georgia received 17.1 percent more in remittances in June of 2017 than the same time period last year.