BAKU, Azerbaijan, October 25. The volume of remittances by individuals from Georgia to Azerbaijan amounted to $17.3 million in the first half of 2024.
The data obtained by Trend from the Central Bank shows that this indicator increased by 13.98 percent, or $2.1 million, compared to the same period of last year.
The share of transfers from Georgia in the total volume of remittances is 3.1 percent.
Following the results of 2023, the volume of remittances by individuals from Georgia to Azerbaijan amounted to $37.4 million.
To note, the volume of remittances by individuals from foreign countries to Azerbaijan amounted to $1.654 billion by the end of 2023.