BAKU, Azerbaijan, March 25. The volume of remittances of individuals from Azerbaijan to Poland amounted to $5.6 million шт 2024
The data obtained by Trend from the country's Central Bank shows that this figure increased by $893,000 or 18.9 percent compared to the same period of 2023.
The share of Poland in the country's total remittances for the reporting year amounted to 1.1 percent.
Moreover, last year the volume of remittances of individuals from Poland to Azerbaijan totaled $3.9 million, which is $241,000 or 5.8 percent lower compared to the same period in 2023.
The share of Poland in the total volume of remittances to the country in the reporting year amounted to 0.4 percent.
The volume of remittances of individuals from Azerbaijan to Poland in 2023 amounted to $4.7 million and in the opposite direction - $4.1 million.
In general, in 2024, the volume of remittances made by individuals from Azerbaijan to foreign countries amounted to $526.8 million. This is by $23.4 million or 4.2 percent less than in 2023.
Meanwhile, the volume of remittances of individuals from foreign countries to Azerbaijan in the reporting year amounted to $1.08 billion, which is $571.9 million or 34.6 percent less than in 2023.