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Volume of money transfers from Azerbaijan to USA decreases

11 April 2024 17:59 (UTC+04:00)
Volume of money transfers from Azerbaijan to USA decreases
Ulviyya Shahin
Ulviyya Shahin
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In 2023, the volume of money transfers from Azerbaijan to the USA by individuals decreased, Azernews reports, citing the Central Bank of Azerbaijan.

According to the data, last year, individuals transferred $82,023,000 to the USA, which is 59.9% less compared to 2022.

Thus, the total volume of transfers to the USA amounted to $54,801,000. In 2022, this figure was $136,824,000.

It should be noted that Turkey was the top destination for money transfers from Azerbaijan last year (with a share of 26.6%).

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