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Azerbaijan reports volume of individual remittances to Georgia

Finance Materials 15 October 2024 06:19 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 15. The volume of remittances by individuals from Azerbaijan to Georgia amounted to $25.1 million in the first half of 2024.

Data obtained by Trend from the Central Bank of Azerbaijan shows that this indicator decreased by three percent, or $777,000, compared to the same period last year.

The share of remittances to Georgia in the total volume of remittances makes up 9.7 percent.

Meanwhile, the volume of remittances by individuals from Azerbaijan to Georgia amounted to $58.8 million in 2023.

The volume of remittances by individuals from Azerbaijan to foreign countries amounted to $550.12 million last year.

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