In the first nine months of 2024, $848.5 million was transferred to Azerbaijan from abroad, while $408 million was sent from Azerbaijan to other countries, Samir Nasirov, Director of the Statistics Department at the Central Bank of Azerbaijan (CBA), said during a briefing, Report informs.

According to Nasirov, these figures represent a 33.75% decrease in incoming remittances and a 1.6% increase in outgoing remittances compared to the same period last year.

He highlighted that the largest amounts of remittances to Azerbaijan came from Russia ($411 million), Türkiye ($133 million), the United States ($48 million), Georgia ($27 million), and the United Kingdom ($26 million).