Georgia received $207.3 million from abroad in November, up by 22% YoY, the National Bank of Georgia (NBG) reported.
The largest remittance senders were Russia ($34.40 million), Italy ($32.06 million) and the United States ($23.98 million).
Overall, the vast majority (95.1%) of all money transfers came from 21 countries, with the volume of transfers from these countries each exceeding $1 million in November.
“In November 2020, the share of these 21 countries constituted 95.3% of the total volume of money transfers,” the NBG reports.
From Georgia in November $31.8 million was transferred abroad, up by 45.3%. (Agenda/Business World Magazine)
