BAKU, Azerbaijan, September 12. The volume of money transfers of individuals from Azerbaijan to foreign countries amounted to $259 million at the end of the first half of 2024, the Director of the Statistics Department of the Central Bank of Azerbaijan (CBA) Samir Nasirov said during a media briefing, Trend reports.
According to him, the indicator grew by 1.9 percent over the year.
"By the end of the first half of the year, the top five countries for the volume of remittances from Azerbaijan are Türkiye - $76.6 million, Russia - $29.4 million, the US - $28.2 million, Georgia - $25.1 million, and the UK - $13.6 million," Nasirov noted.
Throughout the year 2023, the total volume of personal remittances originating from Azerbaijan to international destinations reached $550.1 million.