BAKU, Azerbaijan, October 3. Personal remittances from Azerbaijan to Portugal surged in the first half of 2025, reaching $789,000.
Data obtained by Trend from the Central Bank of Azerbaijan indicates
that this signifies a surge of $273,000, equating to a 52.9 percent
escalation, relative to the corresponding timeframe from the
previous fiscal year ($516,000).
Moreover, Portugal represented a mere 0.3 percent of the aggregate
outbound remittance flows throughout the designated reporting
timeframe.
In the interim, the aggregate personal remittances dispatched from
Azerbaijan to foreign jurisdictions experienced a marginal
contraction, totaling $238.2 million, reflecting a decrement of
$21.4 million, or 8.2 percent, relative to the preceding fiscal
year. The influx of remittances into Azerbaijan experienced a
contraction of $33.8 million, representing a decline of 6 percent,
culminating in a total of $533.9 million.
