NBG: Volume of money transfers up by 0.3 percent in August

11:22, 17.09.2024

In August 2024, the volume of money transfers from abroad constituted 290.6 million USD (784.4 million GEL), which is 0.3% (0.9 million USD) more than the amount in August 2023, the National Bank of Georgia (NBG) reported.

The 96.2% percent of the total money transfers from abroad came from the 24 largest partner countries, with the volume of transfers from these countries each exceeding 1 million USD in August 2024. In August 2023 the share of these 24 countries constituted 96.1% percent of the total volume of money transfers.

In August 2024, 33.1 million USD (or 89.4 million GEL) was transferred from Georgia, which is 12.1% more as compared to 29.5 million USD in August 2023.

Economics

money transfers

NBG