Personal remittances, received in Azerbaijan
Azerbaijan: Personal remittances, received was 2.0% in 2025. ◆ Volatile
Personal remittances, received in Azerbaijan, 1995–2025
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for personal remittances, received in Azerbaijan is 2.0%, measured in 2025.
That represents a change of up 8.2% on the previous year and down 17.9% over ten years.
Over the whole period, personal remittances, received in Azerbaijan peaked at 5.0% in 2022 and was at its lowest, 0.1%, in 1995.
Azerbaijan ranks 108th of 196 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
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 0.1% | — |
| 1996 | 0.1% | +4.0% |
| 1997 | 0.1% | +1.6% |
| 1998 | 0.1% | +7.9% |
| 1999 | 1.2% | +740.3% |
| 2000 | 1.1% | -8.9% |
| 2001 | 1.8% | +68.4% |
| 2002 | 2.6% | +43.6% |
| 2003 | 2.1% | -18.2% |
| 2004 | 2.3% | +9.4% |
| 2005 | 4.7% | +100.6% |
| 2006 | 3.8% | -20.0% |
| 2007 | 3.8% | +1.9% |
| 2008 | 3.1% | -19.0% |
| 2009 | 2.8% | -8.9% |
| 2010 | 2.7% | -5.9% |
| 2011 | 2.9% | +7.7% |
| 2012 | 2.9% | -0.5% |
| 2013 | 2.3% | -18.2% |
| 2014 | 2.5% | +5.0% |
| 2015 | 2.4% | -2.5% |
| 2016 | 1.7% | -29.0% |
| 2017 | 2.8% | +63.3% |
| 2018 | 2.6% | -6.2% |
| 2019 | 2.6% | +1.7% |
| 2020 | 3.3% | +24.2% |
| 2021 | 2.8% | -15.3% |
| 2022 | 5.0% | +80.0% |
| 2023 | 2.6% | -47.3% |
| 2024 | 1.8% | -31.2% |
| 2025 | 2.0% | +8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3% | 0.1% | 1.2% | 5 |
| 2000s | 2.8% | 1.1% | 4.7% | 10 |
| 2010s | 2.5% | 1.7% | 2.9% | 10 |
| 2020s | 2.9% | 1.8% | 5.0% | 6 |
Countries ranked near Azerbaijan
More economy & growth data for Azerbaijan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.06 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.42 Percent per annum (2029)
- External balance on goods and services (current US$), annual growth -30.33 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -30.33 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 8.29 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.1007 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 746.47 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.7552 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.06 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 444.63 constant 2015 US$ per person (2025)
Frequently asked questions
- What is personal remittances, received in Azerbaijan?
- Personal remittances, received in Azerbaijan was 2.0% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Azerbaijan?
- The highest recorded value was 5.0% in 2022.
- What is the lowest personal remittances, received recorded in Azerbaijan?
- The lowest recorded value was 0.1% in 1995.
- How does Azerbaijan rank for personal remittances, received?
- Azerbaijan ranks 108th out of 196 countries with data for 2025.
- Is personal remittances, received rising or falling in Azerbaijan?
- Over the last ten years it is down 17.9%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.