YEREVAN, July 21. /ARKA/. Net inflow of non-commercial remittances to Armenia increased by 30.2% in May 2026 compared to the same period last year, according to the World Bank’s Armenia Monthly Economic Update – July 2026.
The World Bank noted that the high double-digit growth was recorded against a low base in 2025. “Remittances from Russia accounted for about 61% of the total net inflow, increasing by 42.2% year-on-year,” the document states.
According to World Bank estimates, the inflow of remittances contributed to the strengthening of the Armenian dram, increased banking sector liquidity, and supported domestic demand.
According to the Central Bank of Armenia, the net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.08 billion in January-May 2026, compared to $511.7 million in January-May 2025. Moreover, in May alone, the net inflow of remittances amounted to $356.8 million, compared to $238.3 million in May of the previous year.
The leading sources of remittances to Armenia include Russia with $1.87 billion and the United States with $334.1 million.
