BAKU, Azerbaijan, April 11. Individual remittances from Austria to Azerbaijan reached $14.056 million in 2023, Trend reports.
According to calculations based on data from the Central Bank of
Azerbaijan, this indicator climbed by 186.97 percent, or 2.86
times, compared to the indicator in 2022.
Austria accounts for 0.8 percent of total remittances.
In 2023, the total amount of remittances from outside countries to
Azerbaijan was $1.654 billion.
Meanwhile, the volume of remittances by individuals from Azerbaijan to foreign countries amounted to $550.126 million in 2023.