...

Money transfers from Georgia to Azerbaijan increase

Georgia 19 January 2022 19:28 (UTC +04:00)
Money transfers from Georgia to Azerbaijan increase

BAKU, Azerbaijan, Jan. 19

By Maryana Akhmedova – Trend:

Money transfers from Georgia to Azerbaijan in 2021 amounted to $20.1 million, which is an increase, compared to $16 million in 2020, Trend reports via the National Bank of Georgia (NBG).

The amount transferred from Georgia to Azerbaijan in December 2021 totaled $2.1 million, which is an increase of 31.2 percent, compared to $1.6 million over the same month of 2020, and an increase of 16.6 percent, compared to $1.8 million in November 2021.

Total money transfers from Georgia in 2021 amounted to $316.7 million, which is an increase of 24.1 percent compared to $255.1 million over 2020.

Meanwhile, the volume of remittances inflow to Georgia in 2021 amounted to $2.3 billion, compared to $2.1 billion over 2020.

---

Follow the author on Twitter: @mariiiakhm

Tags:
Latest

Latest