BAKU, Azerbaijan, April 10. The volume of remittances by individuals from Germany to Azerbaijan amounted to $30.4 million by the end of 2023, Trend reports.
According to calculations based on the data of the Central Bank of Azerbaijan, this indicator decreased by 43.08 percent compared to the indicator for 2022.
The share of transfers from Germany in the total volume of transfers is 1.8 percent.
To note, at the end of 2023, the volume of remittances by individuals from foreign countries to Azerbaijan amounted to $1.6 billion.
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