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Azerbaijan substantially boosts remittances volume to Türkiye

Finance Materials 14 September 2024 16:10 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 14. The volume of remittances of individuals from Azerbaijan to Türkiye amounted to $76.624 million in the first half of 2024.

The data obtained by Trend from the country's Central Bank shows that this indicator increased by 18.47 percent, or $11.945 million, compared to last year.

The share of total remittances to Türkiye is 29.5 percent.

According to the results of 2023, the volume of remittances of individuals from Azerbaijan to Türkiye amounted to $146.1 million.

To note, by the end of 2023, the volume of remittances by individuals from foreign countries to Azerbaijan had reached $1.6 billion.

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