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.
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