December 2020: money transfers to Georgia up 15.9%
$24.7 million was transferred from Georgia to foreign countries in December 2020, which is 3.4 per cent less compared to the same period of the previous year. Photo: Nino Alavidze/Agenda.ge.
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Georgia received $199.7 million from abroad in December 2020, which is 15.9 per cent more than the amount in December 2019, says the National Bank of Georgia.
More than one-third of money transfers (41.4%) come in Georgia from the European Union which amounted to $82.67 million in December 2020.
The vast majority (94.8%) of all money transfers from abroad came from 19 largest partner countries.
Russia (20.39%), Italy (15.93%) and Greece (11.23%) were the largest remittance senders in December 2020.
$24.7 million was transferred from Georgia to foreign countries in December 2020, which is 3.4 per cent less compared to the same period of the previous year.
Georgia received $181.7 million from abroad in October 2019, which is 18.6% more than the amount in October 2018, says the National Bank of Georgia.
The volume of money transfers to Georgia in August 2020 was $184.2 million, which is a 25.8 per cent increase compared to August 2019, says the National Bank of Georgia (NBG).
The volume of money transfers to Georgia in July 2020 was $188.7 million, which is a 22.1 per cent increase compared to July 2019, says the National Bank of Georgia (NBG).
The volume of money transfers to Georgia in June 2020 was $169.2 million, which is a 17.8 per cent increase compared to June 2019, says the the National Bank of Georgia (NBG).
Georgia received $149.8 million from abroad in January 2021, which is 19.2% more than the amount in January 2020, says the National Bank of Georgia.
Georgia received $161.4 million from abroad in February 2021, which is 17.5% more than the amount in February 2020, says the National Bank of Georgia. Italy ($28.55 million), Greece ($19.71 million) and Russia ($25.14 million) were the largest remittance senders in February 2021.