Net inflow of remittances to Armenia from abroad almost doubled in 9 months

YEREVAN, November 2. /ARKA/. The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, exceeded $2 billion in January-September 2026, compared to $1.02 billion in January-September 2025, according to a report from the Central Bank of the Republic.

Thus, this indicator increased 1.95 times year-on-year.

Moreover, in September alone, the net inflow of remittances amounted to $206.3 million, compared to $136.1 million in September last year.

The inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $5.15 billion in the first nine months of this year, compared to $4.25 billion in the first nine months of last year. Russia leads the way in transfers to Armenia with $3.51 billion and the United States with $566.9 million. Russia and the United States also led in transfers to Armenia for the 2025 reporting period ($2.73 billion and $528.3 million, respectively).

Meanwhile, the outflow of individual transfers from Armenia abroad through the Armenian banking system amounted to $3.15 billion in January-August 2026, compared to $3.23 billion in the same period in 2025.

The United States ($482.5 million) and Russia ($447.1 million) led in transfers from Armenia abroad during the reporting months. In January-September 2025, the leaders were the Russian Federation ($564.8 million) and the UAE ($473.8 million).

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