Remittances in Azerbaijan

Azerbaijan: Remittances was 1.97 in 2025. ◆ Volatile

Latest (2025)
1.97
Change on year
up 8.2%
World rank
106th
of 194 countries
All-time high
5.01
in 2022
All-time low
0.1241
in 1995
Years of data
31
1995–2025

Remittances in Azerbaijan, 1995–2025

0123451995201020251995: 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: 1.82025: 2

Source: Our World in Data.

Analysis

The most recent figure for remittances in Azerbaijan is 1.97, measured in 2025.

The figure is up 8.2% on the previous year and down 17.9% over ten years.

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

That places Azerbaijan 106th out of 194 countries with data for 2025, putting it in the middle of the range.

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

Remittances in Azerbaijan, year by year

Annual values for Remittances in Azerbaijan, 1995 to 2025.
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 -31.2%
2025 1.97 +8.2%

Azerbaijan compared with similar countries

  • Azerbaijan's 1.97 is below the median for upper middle income countries, which is 3.62, 54% of the median. (56 countries reporting)
  • Azerbaijan's 1.97 is above the median for Europe & Central Asia, which is 1.4, 1.4× the median. (50 countries reporting)

Biggest year-on-year movements

Years where Remittances 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 +740.3% 0.1416 1.19

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 2.92 1.82 5.01 6

Countries ranked near Azerbaijan

  1. 103 Slovakia 2.07 compare
  2. 104 Cyprus 2.05 compare
  3. 105 Cote d'Ivoire 2.03 compare
  4. 107 Bolivia 1.96 compare
  5. 108 Mauritius 1.92 compare
  6. 109 Benin 1.72 compare

See the full ranking of 194 places →

More reference data data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is remittances in Azerbaijan?
Remittances in Azerbaijan was 1.97 in 2025, according to Our World in Data.
What is the highest remittances recorded in Azerbaijan?
The highest recorded value was 5.01 in 2022.
What is the lowest remittances recorded in Azerbaijan?
The lowest recorded value was 0.1241 in 1995.
How does Azerbaijan rank for remittances?
Azerbaijan ranks 106th out of 194 countries with data for 2025.
Is remittances 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 Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.

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Remittances in Azerbaijan. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/azerbaijan/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed