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Azerbaijan, UAE see notable surge in bidirectional remittances in 1Q2025

GenevaTimes by GenevaTimes
June 21, 2025
in Europe
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Azerbaijan, UAE see notable surge in bidirectional remittances in 1Q2025
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Economy
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21 June 2025 19:09 (UTC +04:00)

Azerbaijan, UAE see notable surge in bidirectional remittances in 1Q2025


Remittances between Azerbaijan and the UAE have surged, with transfers from Azerbaijan to the UAE rising over fifty percent to nearly $19 million, while flows in the opposite direction also increased modestly. Despite this growth, overall remittances sent abroad from Azerbaijan declined by more than $18 million, and inbound transfers fell by nearly $65 million compared to last year.








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