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Remittances from Azerbaijan to Georgia increase

Remittances from Azerbaijan to Georgia increase
Remittances from Azerbaijan to Georgia increase

In October 2021, the volume of remittances in the country amounted to 206.7 million US dollars (GEL 649.0 million), which is 13.7% (25.0 million US dollars) more than the same period in October 2020.

In October of 2021, remittances from Azerbaijan to Georgia increased 33.28 times and amounted to 7.10 million US dollars. This is clear from the October report of the National Bank of Georgia. The amount transferred from Azerbaijan to Georgia in October is 3.44% of the total remittances.

As for the rest of the neighborhood, here is a list of the countries from which the largest volume of remittances was made last month:

Russian Federation - $ 36,250 million;

Italy - $ 33,047 million;

US - $ 23,707 million;

Greece - $ 19.177 million;

Israel - $ 15,280 million;

Germany - $ 10.868 million;

Turkey - $ 8.565 million;

Kazakhstan - $ 7.356 million;

Ukraine - 7.284 million dollars.

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