Volume Of Remittances From Azerbaijan Grows Significantly In 1H2024 (Дополнено)


(MENAFN- Trend News Agency) 11:32 BAKU, Azerbaijan, September 12. The volume of money transfers of individuals from Azerbaijan to foreign countries amounted to $259 million at the end of the first half of 2024, the Director of the Statistics Department of the Central Bank of Azerbaijan (CBA) Samir Nasirov said during a media briefing, Trend reports.

According to him, the indicator grew by 1.9 percent over the year.

"By the end of the first half of the year, the top five countries for the volume of remittances from Azerbaijan are Türkiye - $76.6 million, Russia - $29.4 million, the US - $28.2 million, Georgia - $25.1 million, and the UK - $13.6 million," Nasirov noted.

For the entirety of 2023, the volume of personal remittances from Azerbaijan to foreign countries amounted to $550.1 million.

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Trend News Agency

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