Remittances from Azerbaijan to Georgia Decrease by 3% in First Half of 2024
In the first half of 2024, remittances from individuals in Azerbaijan to Georgia totaled $25.13 million, representing a 3% decrease compared to the same period in 2023, when remittances reached $25.91 million. According to data from the Central Bank of Azerbaijan, the share of remittances sent to Georgia accounted for 9.7% of Azerbaijan’s total outbound remittances.
In 2023, the total remittances from Azerbaijan to Georgia amounted to $58.849 million, while the overall volume of remittances from Azerbaijan to foreign countries reached $550.126 million.
See Also
Armenia Expands Engagement with NATO
EU–Armenia Forum Highlights Governance and Institutional Gaps
Pashinyan Highlights Economic Growth, Rising Incomes in 2025 Report
Pashinyan Says Azerbaijani Fuel Imports Break Market Monopoly