...

World Bank: Main flow of migrants from Georgia falls on Russia

Georgia Materials 17 January 2007 17:42 (UTC +04:00)

(Regnum) - Georgia is a country with high migration rate, while main flow of migrants from Georgia falls on Russia, a report by World Bank experts says. Grounding on data of the census held in Georgia in 2002, WB experts say that rate of migration from Georgia reached 1.1 mln people, which, compared to the data of early 1990s, is 20% of the country's population, reports Trend.

According to the World Bank's report Migration and Remittances. Eastern Europe and the Former Soviet Union, official remittances constituted 5% of Georgian GDP, and physical inflow of cash to Georgia from abroad is supposedly even higher.

According to the Georgian National Bank, amount of money that came to Georgia from abroad increased by 35.5% compared to 2005 and totaled $526 mln. Most of the sum, 66.8%, which is $365 mln, was sent to Georgia from Russia.

Latest

Latest