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Cross-Border Transactions of Individuals (Residents and Nonresidents) in Breakdown by Countries in 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 10,813 2,606 8,117 2,314 2,696 4,200
Non-CIS countries 8,834 3,777 6,528 3,233 2,306 7,214
of which2:
SWITZERLAND 1,778 29,824 1,434 27,927 344 41,620
UNITED STATES 1,047 2,351 772 2,054 275 3,953
CYPRUS 849 12,112 645 10,228 204 28,995
UNITED KINGDOM 683 6,182 489 5,151 193 12,517
GERMANY 617 2,638 502 2,425 116 4,254
LATVIA 351 4,289 238 3,352 113 10,490
AUSTRIA 266 9,470 214 8,900 52 12,863
NETHERLANDS 257 7,393 205 6,771 52 11,585
ITALY 183 1,530 132 1,320 51 2,600
FRANCE 170 3,446 113 2,926 57 5,335
TURKEY 142 2,344 59 1,268 82 6,019
ISRAEL 135 2,099 73 1,371 62 5,541
CHINA, PR.: MAINLAND 113 4,082 65 2,935 48 8,681
UNITED ARAB EMIRATES 113 2,495 90 2,400 23 2,961
SPAIN 112 1,407 91 1,356 21 1,674
LUXEMBOURG 106 33,230 71 27,768 35 55,524
CANADA 82 1,712 60 1,492 22 2,824
JAPAN 67 3,579 46 2,870 20 8,179
CZECH REPUBLIC 37 2,909 31 2,847 7 3,214
BULGARIA 25 3,643 22 3,811 3 2,766
CIS countries 1,979 1,093 1,589 1,067 390 1,209
KAZAKHSTAN 612 1,526 495 1,489 117 1,703
UZBEKISTAN 348 2,016 263 1,903 86 2,465
UKRAINE 338 486 286 499 52 425
TAJIKISTAN 136 2,334 107 2,242 29 2,743
ARMENIA, REPUBLIC OF 132 2,074 109 2,089 23 2,007
KYRGYZ REPUBLIC 127 1,824 106 1,846 21 1,721
GEORGIA 84 1,638 66 1,540 18 2,118
AZERBAIJAN, REPUBLIC OF 71 981 56 947 15 1,135
BELARUS 66 427 50 391 17 593
MOLDOVA 51 909 42 896 10 969
TURKMENISTAN 13 890 11 897 2 858
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 41,066 1,850 25,576 2,410 15,489 1,337
Non-CIS countries 27,111 10,846 19,350 10,581 7,761 11,567
of which2:
CHINA, PR.: MAINLAND 4,279 13,156 941 5,048 3,339 24,030
SWITZERLAND 3,280 37,508 2,933 35,809 347 62,638
UNITED STATES 2,096 9,016 1,504 8,816 592 9,566
TURKEY 1,708 4,785 1,113 4,114 595 6,888
NETHERLANDS 1,626 122,653 1,555 163,822 71 18,753
GERMANY 1,590 5,667 1,289 5,165 301 9,719
JAPAN 1,481 10,180 1,387 9,836 93 21,159
UNITED KINGDOM 1,410 24,195 1,139 26,897 271 17,005
ITALY 865 9,900 726 9,970 139 9,550
SPAIN 746 15,421 685 17,685 61 6,322
AUSTRIA 716 26,851 643 27,982 73 19,782
BULGARIA 534 13,725 494 17,575 40 3,711
FRANCE 534 14,172 418 15,960 117 10,112
UNITED ARAB EMIRATES 497 14,523 398 15,328 99 11,993
CYPRUS 461 26,641 345 24,182 117 38,061
CZECH REPUBLIC 433 12,827 355 15,332 78 7,378
LUXEMBOURG 401 205,085 359 266,753 42 69,154
LATVIA 395 6,636 284 7,013 111 5,836
CANADA 335 9,422 273 9,724 62 8,291
ISRAEL 300 5,632 177 6,200 123 4,979
CIS countries 13,955 709 6,226 709 7,728 708
UZBEKISTAN 3,007 766 1,281 757 1,726 772
TAJIKISTAN 2,549 637 1,089 643 1,461 633
UKRAINE 2,262 718 1,135 807 1,126 646
ARMENIA, REPUBLIC OF 1,411 992 621 997 790 989
KYRGYZ REPUBLIC 1,211 542 521 535 691 548
MOLDOVA 1,143 700 498 695 645 703
AZERBAIJAN, REPUBLIC OF 1,061 922 447 893 614 944
GEORGIA 822 669 403 535 419 881
KAZAKHSTAN 297 684 136 687 162 682
BELARUS 142 325 74 380 67 281
TURKMENISTAN 50 649 22 663 27 637
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 -30,253 -17,460 -12,793
Non-CIS countries -18,277 -12,822 -5,455
of which2:
CHINA, PR.: MAINLAND -4,166 -876 -3,291
TURKEY -1,566 -1,054 -512
SWITZERLAND -1,502 -1,499 -3
JAPAN -1,414 -1,341 -73
NETHERLANDS -1,369 -1,350 -19
UNITED STATES -1,050 -733 -317
GERMANY -972 -788 -185
UNITED KINGDOM -727 -650 -77
ITALY -682 -594 -88
SPAIN -634 -594 -39
BULGARIA -510 -473 -37
AUSTRIA -450 -429 -21
CZECH REPUBLIC -396 -324 -72
UNITED ARAB EMIRATES -384 -308 -76
FRANCE -364 -304 -60
LUXEMBOURG -296 -288 -7
CANADA -253 -213 -40
ISRAEL -165 -104 -61
LATVIA -44 -45 1
CYPRUS 388 300 87
CIS countries -11,976 -4,637 -7,339
UZBEKISTAN -2,658 -1,018 -1,640
TAJIKISTAN -2,413 -981 -1,431
UKRAINE -1,924 -849 -1,075
ARMENIA, REPUBLIC OF -1,279 -512 -767
MOLDOVA -1,092 -457 -636
KYRGYZ REPUBLIC -1,085 -415 -670
AZERBAIJAN, REPUBLIC OF -990 -391 -599
GEORGIA -737 -337 -400
BELARUS -75 -24 -51
TURKMENISTAN -36 -11 -25
KAZAKHSTAN 315 359 -45
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 March 11, 2009.