Personal remittances and foreign aid received in Azerbaijan

Azerbaijan: Personal remittances and foreign aid received was 1.53 billion current US$ in 2021. ◆ Volatile

Latest (2021)
1.53 billion current US$
Change on year
up 8.8%
World rank
73rd
of 193 countries
All-time high
1.99 billion current US$
in 2012
All-time low
3.00 million current US$
in 1995
Years of data
27
1995–2021

Personal remittances and foreign aid received in Azerbaijan, 1995–2021

0500.0M1.0B1.5B2.0B1995200820211995: 3.0M current US$1996: 4.1M current US$1997: 5.2M current US$1998: 6.3M current US$1999: 54.5M current US$2000: 57.1M current US$2001: 104.1M current US$2002: 163.3M current US$2003: 156.0M current US$2004: 203.6M current US$2005: 623.2M current US$2006: 790.2M current US$2007: 1.3B current US$2008: 1.5B current US$2009: 1.3B current US$2010: 1.4B current US$2011: 1.9B current US$2012: 2.0B current US$2013: 1.7B current US$2014: 1.8B current US$2015: 1.3B current US$2016: 643.1M current US$2017: 1.1B current US$2018: 1.2B current US$2019: 1.3B current US$2020: 1.4B current US$2021: 1.5B current US$

Source: World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data. Measured in current US$.

Analysis

Azerbaijan recorded 1.53 billion current US$ for personal remittances and foreign aid received in 2021.

Compared with earlier readings it is up 8.8% on the previous year and down 19.4% over ten years.

Over the whole period, personal remittances and foreign aid received in Azerbaijan peaked at 1.99 billion current US$ in 2012 and was at its lowest, 3.00 million current US$, in 1995.

Azerbaijan ranks 73rd of 193 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 and foreign aid received in Azerbaijan, year by year

Annual values for Personal remittances and foreign aid received in Azerbaijan, 1995 to 2021.
Year current US$ Change
1995 3.00 million current US$
1996 4.10 million current US$ +36.6%
1997 5.20 million current US$ +26.8%
1998 6.29 million current US$ +21.1%
1999 54.49 million current US$ +765.8%
2000 57.13 million current US$ +4.8%
2001 104.12 million current US$ +82.3%
2002 163.32 million current US$ +56.8%
2003 155.96 million current US$ -4.5%
2004 203.58 million current US$ +30.5%
2005 623.24 million current US$ +206.1%
2006 790.21 million current US$ +26.8%
2007 1.27 billion current US$ +60.4%
2008 1.52 billion current US$ +19.8%
2009 1.25 billion current US$ -17.4%
2010 1.41 billion current US$ +12.4%
2011 1.89 billion current US$ +34.2%
2012 1.99 billion current US$ +5.1%
2013 1.73 billion current US$ -12.9%
2014 1.85 billion current US$ +6.5%
2015 1.27 billion current US$ -31.2%
2016 643.15 million current US$ -49.4%
2017 1.13 billion current US$ +76.2%
2018 1.23 billion current US$ +8.2%
2019 1.28 billion current US$ +4.0%
2020 1.40 billion current US$ +10.0%
2021 1.53 billion current US$ +8.8%

Azerbaijan compared with similar countries

  • Azerbaijan's 1.53 billion current US$ is above the median for upper middle income countries, which is 979.33 million current US$, 1.6× the median. (56 countries reporting)
  • Azerbaijan's 1.53 billion current US$ is below the median for Europe & Central Asia, which is 2.43 billion current US$, 63% of the median. (49 countries reporting)

Biggest year-on-year movements

Years where Personal remittances and foreign aid received in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1999 +765.8% 6.29 million current US$ 54.49 million current US$
2005 +206.1% 203.58 million current US$ 623.24 million current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 14.62 million current US$ 3.00 million current US$ 54.49 million current US$ 5
2000s 613.83 million current US$ 57.13 million current US$ 1.52 billion current US$ 10
2010s 1.44 billion current US$ 643.15 million current US$ 1.99 billion current US$ 10
2020s 1.46 billion current US$ 1.40 billion current US$ 1.53 billion current US$ 2

Countries ranked near Azerbaijan

  1. 70 Syria 1.62 billion current US$ compare
  2. 71 Armenia 1.56 billion current US$ compare
  3. 72 Malaysia 1.55 billion current US$ compare
  4. 74 Bolivia 1.42 billion current US$ compare
  5. 75 Denmark 1.41 billion current US$ compare
  6. 76 Portugal 1.37 billion current US$ compare

See the full ranking of 193 places →

More reference data data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is personal remittances and foreign aid received in Azerbaijan?
Personal remittances and foreign aid received in Azerbaijan was 1.53 billion current US$ in 2021, according to World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data.
What is the highest personal remittances and foreign aid received recorded in Azerbaijan?
The highest recorded value was 1.99 billion current US$ in 2012.
What is the lowest personal remittances and foreign aid received recorded in Azerbaijan?
The lowest recorded value was 3.00 million current US$ in 1995.
How does Azerbaijan rank for personal remittances and foreign aid received?
Azerbaijan ranks 73rd out of 193 countries with data for 2021.
Is personal remittances and foreign aid received rising or falling in Azerbaijan?
Over the last ten years it is down 19.4%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data, published as part of Personal remittances and foreign aid received. Statizoid updates them automatically from the source API.

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Personal remittances and foreign aid received in Azerbaijan. Statizoid, drawing on World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/personal-remittances-oda/azerbaijan/

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About this data

Indicator
Personal remittances and foreign aid received
Unit
current US$
Source
World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 6,518 data points, 1970–2021
Last refreshed

Remittances are financial transfers from non-residents to residents of a country, such as a worker abroad sending money to family and friends. Foreign aid is measured as official development assistance. Both are measured in current US$.