UK-to-Azerbaijan remittances climb, defying regional trends

Jul 16, 2025 - 01:00
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UK-to-Azerbaijan remittances climb, defying regional trends
Azerbaijan saw a decline in remittance flows both to and from the UK in Q1 2025, reflecting broader contraction trends in cross-border transfers. Total remittances abroad dropped by 14.3%, while inflows to Azerbaijan fell by over 22%, signaling potential shifts in household income patterns or external economic pressures.