Money transfers mostly done to Turkey, Russia and Ukraine from Georgia
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In March, Russia dropped to the second place in terms of remittances sent from Georgia, while in previous months or years, it [Russia] was holding a leading position. In particular, in March, 2.716 million US dollars were sent to Russia, and in February - 6.2292 million US dollars.
As for the general data, according to the National Bank of Georgia, in March 2022, a total of 23,983 million USD was transferred abroad from Georgia, and in February - 26,744 million USD.
At the same time, in terms of the amount of money transferred abroad from Georgia in March, this time Turkey is leading, followed by Russia and Ukraine ranked 3rd.
Here are the top 10 countries where most remittances were made from Georgia last month:
- Turkey - $5.1 million;
- The Russian Federation - $2.716 million;
- Ukraine - $2.377 million;
- Greece - $ 1,659 million;
- Azerbaijan - $ 1.651 million;
- Poland - $ 1.420 million;
- Armenia - 942.8 thousand US dollars;
- The US - 856.9 thousand US dollars;
- Uzbekistan - 780.5 thousand US dollars;
- Kazakhstan - 728.7 thousand US dollars.
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