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$ 5.49 million transferred from Georgia to Azerbaijan in November

$ 5.49 million transferred from Georgia to Azerbaijan in November
$ 5.49 million transferred from Georgia to Azerbaijan in November

In November, $ 5.49 million was transferred from Georgia to Azerbaijan, which is 3.23% of the total volume of remittances in the same month. In November this year, 208.09% more were transferred from Azerbaijan than in the same month last year.

The amount of money transferred from Russia to Georgia has decreased by 16.02% annually. Georgia received $ 31.84 million in remittances from its northern neighbor in November.

Remittances from Turkey to Georgia increased by 14.71% in November. $ 9.01 million was transferred from Turkey this month.

93.9% of remittances to Georgia come from the 18 largest partner countries, where the volume of such remittances exceeded $ 1 million in November. The same 18 countries accounted for 93.7% of all remittances in November last year.

In November 2020, $ 18.9 million more were transferred to the country. The volume of incoming remittances amounted to 169.9 million US dollars (562.3 million GEL), which is 12.5% more than the same period in November 2019.

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