16.Nov .2020 15:00

Money transfers reached 181.7 million USD in October

Money transfers reached 181.7 million USD in October
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Money transfers reached 181.7 million USD in October, which is 18.6% more than the amount in October 2019, says the National Bank of Georgia.

Russia ($35.20 million), Italy ($27.50 million) and the United States ($21.25 million) were the largest remittance senders in October 2020.

The list of the countries regularly sending money transfers to Georgia in October 2020 included:

Russia - 35.20 million USD
Italy - 27.50 million USD
USA - 21.25 million USD
Greece - 19.74 million USD
Israel - 13.78 million USD
Ukraine - 10.95 million USD
Turkey - 10.09 million USD
Germany - 7.90 million USD
Azerbaijan - 5.33 million USD
Spain - 4.50 million USD
France - 3.01 million USD
Poland - 2.51 million USD
United Kingdom - 1.88 million USD
Kazakhstan - 1.81 million USD
Canada - 1.72 million USD
Ireland - 1.50 million USD
Cyprus - 1.09 million USD
Armenia - 1.05 million USD

Last month, remittances leaving Georgia totaled to $23.9 million, as compared to $22.5 million in October 2019.