YEREVAN, September 1. /ARKA/. The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.56 billion in January-July 2026, compared to $716.6 million in January-July 2025, according to a report from the Central Bank of the Republic.
Thus, this indicator increased 2.17 times year-on-year.
Moreover, in July alone, the net inflow of remittances amounted to $179.1 million, compared to $129 million in July last year.
The inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $3.9 billion in the first seven months of this year, compared to $3.3 billion in the first seven months of last year. Russia leads the way in transfers to Armenia with $2.67 billion and the United States with $424.9 million. Russia and the United States also led in transfers to Armenia for the 2025 reporting period ($2.12 billion and $396.1 million, respectively).
At the same time, the outflow of individual transfers from Armenia abroad, made through the Armenian banking system, amounted to $2.34 billion in January-July 2026, compared to $2.57 billion in the same period in 2025.
The United States ($365.7 million) and the UAE ($328 million) led in transfers from Armenia abroad during the reporting months. In January-July 2025, the leaders were the Russian Federation ($419.6 million) and Switzerland ($387.2 million).
