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Cross-Border Transactions of Individuals (Residents and Nonresidents) in Breakdown by Countries in Q3 2008

Transfers to the Russian Federation1
in favor of individuals, total in favor of resident individuals in favor of nonresident individuals
total amount of transactions,
millions of US dollars
average amount of one transaction, US dollars total amount of transactions,
millions of US dollars
average amount of one transaction, US dollars total amount of transactions,
millions of US dollars
average amount of one transaction, US dollars
Total 2,925 2,505 2,221 2,175 704 4,804
Non-CIS countries 2,372 3,149 1,783 2,628 589 7,868
of which2:
SWITZERLAND 408 26,922 321 24,667 87 40,628
UNITED STATES 286 2,736 215 2,433 71 4,401
CYPRUS 244 13,918 197 12,341 47 29,789
UNITED KINGDOM 197 7,251 147 6,303 49 13,179
GERMANY 161 2,933 128 2,629 33 5,305
LATVIA 87 4,418 64 3,739 23 9,042
NETHERLANDS 72 8,681 57 7,914 15 13,842
AUSTRIA 68 10,129 56 9,900 12 11,406
ITALY 52 1,811 40 1,647 12 2,672
ISRAEL 44 2,859 19 1,504 25 9,514
TURKEY 39 2,475 15 1,236 24 6,843
FRANCE 35 2,777 18 1,797 17 6,258
UNITED ARAB EMIRATES 32 2,850 26 2,843 5 2,887
CHINA, PR.: MAINLAND 32 4,731 19 3,476 13 9,917
SPAIN 29 1,579 23 1,441 7 2,323
CANADA 22 1,965 17 1,806 5 2,780
FINLAND 21 5,931 12 3,948 9 16,422
JAPAN 19 3,935 12 2,844 7 11,315
CZECH REPUBLIC 10 3,277 9 3,414 1 2,605
BULGARIA 8 4,835 7 5,225 1 2,773
CIS countries 554 1,335 438 1,278 115 1,605
KAZAKHSTAN 156 1,794 122 1,684 34 2,353
UKRAINE 117 710 99 724 18 641
UZBEKISTAN 101 2,326 73 2,114 28 3,145
KYRGYZ REPUBLIC 38 2,480 32 2,506 6 2,351
TAJIKISTAN 38 2,854 30 2,769 8 3,246
ARMENIA, REPUBLIC OF 31 2,167 25 2,113 6 2,427
GEORGIA 21 2,123 15 1,861 6 3,474
BELARUS 18 500 15 489 3 551
AZERBAIJAN, REPUBLIC OF 17 1,071 13 983 4 1,489
MOLDOVA 14 1,189 12 1,196 2 1,154
TURKMENISTAN 3 1,017 3 1,023 1 990
Transfers from the Russian Federation1
made by individuals, total made by resident individuals made by nonresident individuals
total amount of transactions,
millions of US dollars
average amount of one transacion, US dollars total amount of transactions,
millions of US dollars
average amount of one transacion, US dollars total amount of transactions,
millions of US dollars
average amount of one transacion, US dollars
Total 11,084 1,705 6,477 2,321 4,607 1,242
Non-CIS countries 6,386 9,745 4,588 9,730 1,798 9,785
of which2:
CHINA, PR.: MAINLAND 874 11,028 239 5,337 635 18,400
SWITZERLAND 584 31,127 531 30,632 53 37,124
UNITED STATES 541 8,906 402 9,353 139 7,824
TURKEY 467 4,673 315 4,325 153 5,601
UNITED KINGDOM 434 28,319 334 30,317 100 23,216
JAPAN 412 10,472 384 10,074 28 22,816
GERMANY 392 5,148 319 4,688 73 8,978
ITALY 251 10,676 213 10,790 39 10,090
SPAIN 198 15,959 182 18,718 16 6,027
FRANCE 166 17,787 135 21,494 31 10,115
BULGARIA 154 14,492 144 19,353 11 3,262
CYPRUS 143 30,852 95 25,933 48 49,456
NETHERLANDS 138 42,181 120 51,057 17 19,164
UNITED ARAB EMIRATES 127 15,407 101 16,320 26 12,678
LATVIA 123 10,381 77 11,422 46 9,017
CZECH REPUBLIC 119 14,319 97 17,634 21 7,730
AUSTRIA 110 17,649 94 17,596 17 17,958
FINLAND 85 18,515 73 19,803 12 13,178
ISRAEL 83 6,254 47 7,094 36 5,427
CANADA 79 8,660 62 8,688 17 8,559
CIS countries 4,699 804 1,889 815 2,809 797
UZBEKISTAN 1,170 865 450 864 720 866
TAJIKISTAN 925 708 355 723 570 699
UKRAINE 688 882 322 1,046 366 774
ARMENIA, REPUBLIC OF 456 1,078 178 1,081 278 1,075
KYRGYZ REPUBLIC 397 610 153 610 244 610
MOLDOVA 357 800 138 801 219 800
AZERBAIJAN, REPUBLIC OF 334 977 128 969 205 983
GEORGIA 225 718 101 543 124 971
KAZAKHSTAN 95 893 40 921 55 874
BELARUS 37 351 18 421 20 306
TURKMENISTAN 16 721 7 761 9 695
Balance3
total resident individuals nonresident individuals
total amount of transactions,
millions of US dollars
total amount of transactions,
millions of US dollars
total amount of transactions,
millions of US dollars
Total -8,159 -4,256 -3,902
Non-CIS countries -4,014 -2,806 -1,208
of which2:
CHINA, PR.: MAINLAND -842 -220 -622
TURKEY -428 -299 -129
JAPAN -394 -372 -21
UNITED STATES -255 -187 -68
UNITED KINGDOM -237 -186 -51
GERMANY -231 -191 -40
ITALY -199 -172 -26
SPAIN -176 -210 34
SWITZERLAND -169 -159 -9
BULGARIA -146 -137 -10
FRANCE -131 -117 -13
CZECH REPUBLIC -109 -89 -20
UNITED ARAB EMIRATES -95 -74 -21
NETHERLANDS -66 -63 -3
FINLAND -64 -62 -3
CANADA -57 -45 -12
AUSTRIA -42 -37 -5
ISRAEL -39 -28 -12
LATVIA -36 -13 -23
CYPRUS 101 101 -1
CIS countries -4,145 -1,451 -2,694
UZBEKISTAN -1,069 -377 -692
TAJIKISTAN -887 -325 -562
UKRAINE -571 -223 -348
ARMENIA, REPUBLIC OF -425 -154 -272
KYRGYZ REPUBLIC -359 -121 -237
MOLDOVA -343 -126 -216
AZERBAIJAN, REPUBLIC OF -316 -115 -201
GEORGIA -204 -85 -118
BELARUS -19 -3 -16
TURKMENISTAN -13 -4 -9
KAZAKHSTAN 61 83 -22
1 Money transfers to Russia in favor of resident and nonresident individuals and money transfers from Russia of resident and nonresident individuals made via credit institutions (with/without opening an account) including remittances via money transfer operators and post offices.
2 Data on top 20 countries by turnover.
3 Negative balance reflects the excess of the amount of remittances from the Russian Federation over the amount of remittances to the Russian Federation.
Sources: Reports of the credit institutions “Data on Transfers of the Individuals from the Russian Federation and Transfers to the Russian Federation for the Benefit of the Individuals and Transactions of the Resident Individuals with the Non-residents on the Territory of the Russian Federation”, other reports of the credit institutions, reports of money transfer operators, and of the government post service Pochta Rossii.
Updated November 17, 2008.