Remittances from Azerbaijan to Italy grow almost 30%

Kamran Gasimov
Author

In 2025, individual remittances from Azerbaijan to Italy amounted to $7.754 million, Report informs.

According to the Central Bank of Azerbaijan (CBA), this is a 29.25%, or $1.755 million, increase compared to 2024.

By the end of the year, the share of remittances to Italy in total remittances from Azerbaijan increased from 1.1% to 1.5%.

By the end of 2025, the total volume of individual remittances from Azerbaijan to foreign countries amounted to $505.139 million (a 4.1% decrease year-on-year).

Other News

Azerbaijan ranks fourth among Turkic countries in insurance premiums 25 March, 2026 / 17:41
Silk Road insurance forum underway in Istanbul 25 March, 2026 / 12:31
Anna Bjerde calls on countries to push ahead with reforms amid global instability 22 March, 2026 / 16:10
Money transfers from Azerbaijan to Georgia drop nearly 42% 21 March, 2026 / 18:37
Azerbaijan's direct investments in Russian economy grow by nearly 3 times 21 March, 2026 / 14:46
Azerbaijan increases direct investment in US economy by 47% 20 March, 2026 / 14:20
Azerbaijan's direct investment in China rises 3.6 times 20 March, 2026 / 12:09
Key indicators of world commodity, stock, and currency markets (20.03.2026) 20 March, 2026 / 10:03
Improvement of credit conditions for SMEs discussed at CBA 19 March, 2026 / 17:21
Azerbaijan's largest bank seeks to acquire stake in foreign lender 19 March, 2026 / 14:13
Georgia boosts importing goods from Azerbaijan by nearly 2% 19 March, 2026 / 13:59
BSTDB increases SOCAR Trading funding by $25M 19 March, 2026 / 12:04
Gold prices fall over 2% 19 March, 2026 / 11:34
HSBC weighs deep job cuts as AI overhaul unfolds 19 March, 2026 / 10:18
CBA currency exchange rates (19.03.2026) 19 March, 2026 / 09:47
ING: Central Bank of Azerbaijan to keep key rate at 6.5% in 2Q26 19 March, 2026 / 09:34
EBRD increases its current project portfolio, operational assets in Azerbaijan 19 March, 2026 / 09:25
Key indicators of world commodity, stock, and currency markets (19.03.2026) 19 March, 2026 / 09:19
US Federal Reserve leaves interest rates unchanged 18 March, 2026 / 22:40
Estonia's direct investment in Azerbaijan's economy grows over 120-fold 18 March, 2026 / 21:13