...

Money transfers to Georgia increase

Georgia Materials 15 December 2021 18:36 (UTC +04:00)

BAKU, Azerbaijan, Dec. 15

By Maryana Akhmedova – Trend:

The volume of remittances inflow to Georgia from January through November 2021 amounted to $2.1 billion, compared to $1.9 billion over the same period of 2020, Trend reports via statistical data of the National Bank of Georgia (NBG).

The remittances in Georgia in November 2021 amounted to $207.3 million, which is $700,000 more than in October 2021 ($206.6 million), and $37.4 million more than over the same period of 2020 ($169.9 million).

TOP-10 countries with the largest amount of transferred money into Georgia in November 2021:

Russia – $34.3 million;

Italy – $32 million;

the US – $23.9 million;

Greece – $18.9 million;

Israel – $16.9 million;

Germany – $10.8 million;

Kazakhstan – $9.3 million;

Turkey – $8.2 million;

Ukraine – $7.4 million;

Azerbaijan – $7.1 million.

Meanwhile, money transfers from Georgia from January through November 2021 amounted to $283.4 million, which is an increase of 22.9 percent compared to $230.5 million over the same period of 2020.

---

Follow the author on Twitter: @mariiiakhm

Tags:
Latest

Latest