The National Bank of Georgia (NBG) has published money transfers statistics for December 2019 earlier today. According to the report, in December 2019, the volume of money transfers from abroad constituted 172.3 million USD (500.5 million GEL), which is 14.2% (21.4 million USD) more than the amount in December 2018.
“95.0% percent of the total money transfers from abroad came from 19 largest partner countries, with the volume of transfers from these countries each exceeding 1 million USD in December 2019. In December 2018 the share of these 19 countries constituted 94.8% percent of the total volume of money transfers,” NBG said.
The National Bank of Georgia noted that in December 2019, 25.5 million USD (or 74.1 million GEL) was transferred from Georgia, which is 17.7% more as compared to 21.7 million USD in December 2018.