BAKU, Azerbaijan, April 13. Around $146 million was transferred from Azerbaijan to Türkiye in 2023, Trend reports.
According to the Central Bank of Azerbaijan (CBA), it is 19 percent less than in 2022.
The share of remittances from Azerbaijan to Türkiye in the total volume of transfers in the reporting period increased from 26.2 percent to 26.6 percent.
Meanwhile, Azerbaijan received around $164 million in transfers
from Türkiye last year. This represents a 34.5 percent increase
over the previous year.
Over the course of the year, the proportion of remittances from
Türkiye to Azerbaijan climbed from 3.4 percent to 9.9 percent of
the total volume.
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