Current account balance (credit less debit), Percent of GDP (Balance) in Azerbaijan
Azerbaijan: Current account balance (credit less debit), Percent of GDP (Balance) was -0.7528 in 2030. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in Azerbaijan, 2000–2030
Source: International Monetary Fund.
Analysis
In 2030, current account balance (credit less debit), percent of gdp (balance) in Azerbaijan stood at -0.7528.
That represents a change of down 22.1% on the previous year and down 41.2% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in Azerbaijan peaked at 33.68 in 2008 and was at its lowest, -29.82, in 2004.
Azerbaijan ranks 11th of 32 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP (Balance) in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -3.54 | — |
| 2001 | -0.9452 | -73.3% |
| 2002 | -12.33 | +1204.4% |
| 2003 | -27.77 | +125.2% |
| 2004 | -29.82 | +7.4% |
| 2005 | 1.26 | -104.2% |
| 2006 | 17.67 | +1298.1% |
| 2007 | 27.29 | +54.4% |
| 2008 | 33.68 | +23.4% |
| 2009 | 22.97 | -31.8% |
| 2010 | 28.43 | +23.8% |
| 2011 | 26 | -8.5% |
| 2012 | 21.41 | -17.7% |
| 2013 | 16.61 | -22.4% |
| 2014 | 13.86 | -16.5% |
| 2015 | -0.4198 | -103.0% |
| 2016 | -3.6 | +758.5% |
| 2017 | 4.07 | -213.0% |
| 2018 | 12.84 | +215.5% |
| 2019 | 9.06 | -29.5% |
| 2020 | -0.533 | -105.9% |
| 2021 | 15.12 | -2937.3% |
| 2022 | 29.79 | +97.0% |
| 2023 | 11.5 | -61.4% |
| 2024 | 6.29 | -45.3% |
| 2025 | 4.27 | -32.1% |
| 2026 | 2.26 | -47.1% |
| 2027 | 0.6118 | -72.9% |
| 2028 | -0.2 | -132.7% |
| 2029 | -0.6167 | +208.4% |
| 2030 | -0.7528 | +22.1% |
Azerbaijan compared with similar countries
- Azerbaijan's -0.7528 is above the median for upper middle income countries, which is -2.68, 28% of the median. (10 countries reporting)
- Azerbaijan's -0.7528 is above the median for Europe & Central Asia, which is -3.95, 19% of the median. (8 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Percent of GDP (Balance) 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.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +2937.3% | -0.533 | 15.12 |
| 2006 | +1298.1% | 1.26 | 17.67 |
| 2002 | -1204.4% | -0.9452 | -12.33 |
| 2016 | -758.5% | -0.4198 | -3.6 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.85 | -29.82 | 33.68 | 10 |
| 2010s | 12.83 | -3.6 | 28.43 | 10 |
| 2020s | 6.85 | -0.6167 | 29.79 | 10 |
| 2030s | -0.7528 | -0.7528 | -0.7528 | 1 |
Countries ranked near Azerbaijan
More financial sector data for Azerbaijan
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.73 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.73 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in Azerbaijan?
- Current account balance (credit less debit), percent of gdp (balance) in Azerbaijan was -0.7528 in 2030, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in Azerbaijan?
- The highest recorded value was 33.68 in 2008.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in Azerbaijan?
- The lowest recorded value was -29.82 in 2004.
- How does Azerbaijan rank for current account balance (credit less debit), percent of gdp (balance)?
- Azerbaijan ranks 11th out of 32 countries with data for 2030.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in Azerbaijan?
- Over the last ten years it is down 41.2%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
The Middle East and Central Asia Department Regional Economic Outlook (MCDREO) provides information on recent economic developments and prospects for 32 countries and territories: Afghanistan, Algeria, Armenia, Azerbaijan, Bahrain, Djibouti, Egypt, Georgia, Islamic Republic of Iran, Iraq, Jordan, Kazakhstan, Kuwait, Kyrgyz Republic, Lebanon, Libya, Mauritania, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Somalia, Sudan, Syrian Arab Republic, Tajikistan, Tunisia, Turkmenistan, United Arab Emirates, Uzbekistan, West Bank and Gaza, and Yemen. These countries and territories are divided into two main nonoverlapping groups, based on export earnings, namely (1) oil exporters; and (2) oil importers. The oil importers group comprises (1) emerging market and middle-income countries (EM&MI) and (2) low-income countries (LICs) based on the income level. Additional analytical and regional groups might be used to provide a more granular breakdown for analysis and continuity.