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Money transfers to Georgia increase in June 2020

Money transfers to Georgia increase in June 2020
Money transfers to Georgia increase in June 2020

In June 2020, the total volume of money transfers Georgia received equaled 169.2 million USD (514.8 million GEL), which is 17.8% or 25.6 million USD more than in 2019, the National Bank of Georgia reports.

Following the National Bank,  Georgia received 94.5% of money transfersfrom 18 largest partner countries (about one million USD from each country).

In June 2018, these 18 countries accounted for 93.2% of total remittances.

In June 2020, $21.9 million (66.6 million GEL) was sent from Georgia, 25.4% more than in June 2019 ($17.5 million).

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