Personal remittances, received in Azerbaijan

Azerbaijan: Personal remittances, received was 1.82 in 2024. ◆ Volatile

Latest (2024)
1.82
Change on year
down 31.1%
World rank
31st
of 69 countries
All-time high
5.01
in 2022
All-time low
0.1241
in 1995
Years of data
30
1995–2024

Personal remittances, received in Azerbaijan, 1995–2024

0123451995200920241995: 0.1241996: 0.1291997: 0.1311998: 0.1421999: 1.22000: 1.12001: 1.82002: 2.62003: 2.12004: 2.32005: 4.72006: 3.82007: 3.82008: 3.12009: 2.82010: 2.72011: 2.92012: 2.92013: 2.32014: 2.52015: 2.42016: 1.72017: 2.82018: 2.62019: 2.62020: 3.32021: 2.82022: 52023: 2.62024: 1.8

Source: UNICEF.

Analysis

Azerbaijan recorded 1.82 for personal remittances, received in 2024.

That represents a change of down 31.1% on the previous year and down 25.9% over ten years.

Over the whole period, personal remittances, received in Azerbaijan peaked at 5.01 in 2022 and was at its lowest, 0.1241, in 1995.

Azerbaijan ranks 31st of 69 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Personal remittances, received in Azerbaijan, year by year

Annual values for Personal remittances, received (% of GDP) in Azerbaijan, 1995 to 2024.
Year Value Change
1995 0.1241
1996 0.129 +4.0%
1997 0.1311 +1.6%
1998 0.1416 +7.9%
1999 1.19 +740.3%
2000 1.08 -8.9%
2001 1.82 +68.4%
2002 2.62 +43.6%
2003 2.14 -18.2%
2004 2.35 +9.4%
2005 4.71 +100.6%
2006 3.77 -20.0%
2007 3.84 +1.9%
2008 3.11 -19.0%
2009 2.83 -8.9%
2010 2.67 -5.9%
2011 2.87 +7.7%
2012 2.86 -0.5%
2013 2.34 -18.2%
2014 2.45 +5.0%
2015 2.39 -2.5%
2016 1.7 -29.0%
2017 2.77 +63.3%
2018 2.6 -6.2%
2019 2.65 +1.7%
2020 3.29 +24.2%
2021 2.78 -15.3%
2022 5.01 +80.0%
2023 2.64 -47.3%
2024 1.82 -31.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3431 0.1241 1.19 5
2000s 2.83 1.08 4.71 10
2010s 2.53 1.7 2.87 10
2020s 3.11 1.82 5.01 5

Countries ranked near Azerbaijan

  1. 28 Bulgaria 2.33 compare
  2. 29 Belgium 2.31 compare
  3. 30 Slovakia 2.1 compare
  4. 32 Sudan 1.81 compare
  5. 33 Cyprus 1.8 compare
  6. 34 Djibouti 1.35 compare

See the full ranking of 69 places →

More economy & growth data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is personal remittances, received in Azerbaijan?
Personal remittances, received in Azerbaijan was 1.82 in 2024, according to UNICEF.
What is the highest personal remittances, received recorded in Azerbaijan?
The highest recorded value was 5.01 in 2022.
What is the lowest personal remittances, received recorded in Azerbaijan?
The lowest recorded value was 0.1241 in 1995.
How does Azerbaijan rank for personal remittances, received?
Azerbaijan ranks 31st out of 69 countries with data for 2024.
Is personal remittances, received rising or falling in Azerbaijan?
Over the last ten years it is down 25.9%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from UNICEF, published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.

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Personal remittances, received in Azerbaijan. Statizoid, drawing on UNICEF. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/personal-remittances-received-percent-of-gdp-2/azerbaijan/

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About this data

Indicator
Personal remittances, received (% of GDP)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
69 places, 2,409 data points, 1970–2024
Last refreshed