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Remittances increased by 11.6% YoY in October

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BM.GE
15.11.18 18:22
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In October 2018, the volume of money transfers from abroad constituted 137.2 million USD (365.0 million GEL), which is 11.6 percent (14.2 million USD) more than the amount in October 2017.

93.4 percent of the total money transfers from abroad came from 17 largest donor countries, with the volume of transfers from these countries each exceeding 1 million USD in October 2018. In October 2017 the share of these 17 countries constituted 93.5 percent of the total volume of money transfers. 

In October 2018, 21.2 million USD (or 56.4 million GEL) was transferred from Georgia, as compared to 18.5 million USD (or 46.2 million GEL) in October 2017.

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