Azerbaijan Remittances Received
Personal remittances received BX.TRF.PWKR.CD.DT
Azerbaijan's remittances received was $2.1B in 2025, ranked 69th globally. This represents a 56.4% increase from 2024. Data from World Bank, covering 1995–2025.
Overview
Azerbaijan's remittances received stood at $2.1B in 2025, a rise of +$762.2M from 2024. Based on recent trends, this figure is projected to reach $2.1B by 2025. Azerbaijan ranked 69th globally.
Azerbaijan's remittances received have experienced significant fluctuations over the past three decades, with the latest value standing at 2,113,856,800.00 USD in 2025, ranking the country 69th globally. Notably, remittances peaked in 2022 at 3,950,029,000.00 USD, a substantial increase from the all-time trough of 3,000,000.00 USD in 1995. This trend is comparable to that of Kosovo, which also saw a substantial increase in remittances over the same period, with a 2025 value of 2,044,317,543.33 USD. Azerbaijan's remittances have been on a steady upward trajectory since 1995, with fluctuations largely driven by global economic trends and migration patterns. The country's remittance inflows are expected to continue growing, driven by its strategic location and increasing economic ties with neighboring countries, but a decline in global migration due to economic uncertainty or changing migration policies could alter this trajectory.
Data & projection
| Year | Remittances Received | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $2.2B | - | - |
| 2026* trend | $2.1B | - | - |
| 2025* trend | $2.1B | - | - |
| 2025 | $2.1B | +$762.2M | #69 |
| 2024 | $1.4B | −$561.1M | #104 |
| 2023 | $1.9B | −$2.0B | #115 |
| 2022 | $4.0B | +$2.4B | #142 |
| 2021 | $1.5B | +$123.5M | #112 |
| 2020 | $1.4B | +$127.9M | #113 |
| 2019 | $1.3B | +$49.4M | #104 |
| 2018 | $1.2B | +$92.4M | #100 |
| 2017 | $1.1B | +$490.2M | #103 |
| 2016 | $643.1M | −$626.8M | #93 |
| 2015 | $1.3B | −$576.5M | #107 |
| 2014 | $1.8B | +$113.3M | #117 |
| 2013 | $1.7B | −$257.0M | #114 |
| 2012 | $2.0B | +$97.1M | #127 |
| 2011 | $1.9B | +$482.8M | #129 |
Detected Pattern
Analysis
Azerbaijan matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw remittances received improve within 24 months. View full analysis →
Frequently Asked Questions
Azerbaijan's remittances received was $2.1B in 2025. Ranked 69th globally. This represents a 56.4% increase from the previous year.
Azerbaijan's remittances received peaked at $4.0B in 2022.
The lowest remittances received in Azerbaijan was $3.0M in 1995.
Azerbaijan ranks 69th globally in remittances received as of 2025.
The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.
Azerbaijan's remittances received is projected to reach $2.1B by 2025 based on trend extrapolation.
Azerbaijan's remittances received was approximately 2.11 billion ($2.1B) in 2025.
The remittances received of Azerbaijan in 2025 was $2.1B. This ranks 69th in the world.
Cite this page
@misc{historysaid_azerbaijan_remittances,
title = {Azerbaijan Remittances Received},
url = {https://historysaid.com/azerbaijan/remittances/},
publisher = {HistorySaid},
year = {2026}
}