Saturday22 March 2025
podrobnosti.org.ua

Money transfers to Ukraine decreased by $2 billion over the past year.

The total amount of money transfers to Ukraine from around the world through both official and unofficial channels has decreased to $9.6 billion in 2024, down from $11.6 billion in 2023.
Денежные переводы в Украину снизились на $2 миллиарда за год.

This is reported by Kontrakty referencing data from the National Bank.

Nearly $2.5 billion equivalent has been transferred to Ukraine through money transfer payment systems (created by both residents and non-residents). This is a 4.6% decrease compared to 2023.

The average amount of a single cross-border transfer to Ukraine last year was $267 (compared to $256 in 2023).

The largest volumes of funds sent to Ukraine through payment systems last year came from the USA (19.39%), Israel (16.8%), Germany (10.8%), Italy (10.21%), and the United Kingdom (9.41%).

The leaders in terms of transfer amounts to Ukraine were three payment systems: Western Union – 37.58% of all transfers, MoneyGram – 19.20%, RIA – 18.33%.

The National Bank notes that humanitarian aid from several international organizations was received by Ukrainians through payment system channels in 2024.

Traditionally, in previous years before the full-scale invasion, about a quarter of all private money transfers to Ukraine came through payment systems. This trend has continued in 2024.