Primary income balance (credit less debit), Net (credits less debits) in Azerbaijan
Azerbaijan: Primary income balance (credit less debit), Net (credits less debits) was -2.73 billion in 2024. ▲ Rising
Primary income balance (credit less debit), Net (credits less debits) in Azerbaijan, 2005–2024
Source: International Monetary Fund.
Analysis
Azerbaijan recorded -2.73 billion for primary income balance (credit less debit), net (credits less debits) in 2024.
That represents a change of up 14.5% on the previous year and down 5.9% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Azerbaijan peaked at -456.28 million in 2020 and was at its lowest, -5.49 billion, in 2022.
Azerbaijan ranks 140th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Primary income balance (credit less debit), Net (credits less debits) in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -1.65 billion | — |
| 2006 | -2.68 billion | +62.9% |
| 2007 | -5.08 billion | +89.5% |
| 2008 | -5.27 billion | +3.7% |
| 2009 | -3.52 billion | -33.2% |
| 2010 | -3.47 billion | -1.5% |
| 2011 | -4.86 billion | +40.2% |
| 2012 | -4.27 billion | -12.2% |
| 2013 | -4.13 billion | -3.3% |
| 2014 | -2.58 billion | -37.5% |
| 2015 | -2.03 billion | -21.5% |
| 2016 | -2.47 billion | +21.9% |
| 2017 | -1.76 billion | -28.8% |
| 2018 | -2.46 billion | +39.8% |
| 2019 | -2.06 billion | -16.2% |
| 2020 | -456.28 million | -77.9% |
| 2021 | -1.32 billion | +189.0% |
| 2022 | -5.49 billion | +316.1% |
| 2023 | -3.20 billion | -41.7% |
| 2024 | -2.73 billion | -14.5% |
Azerbaijan compared with similar countries
- Azerbaijan's -2.73 billion is below the median for upper middle income countries, which is -890.41 million, 3.1× the median. (54 countries reporting)
- Azerbaijan's -2.73 billion is below the median for Europe & Central Asia, which is -972.80 million, 2.8× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Primary income balance (credit less debit), Net (credits less debits) 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 |
|---|---|---|---|
| 2022 | -316.1% | -1.32 billion | -5.49 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.64 billion | -5.27 billion | -1.65 billion | 5 |
| 2010s | -3.01 billion | -4.86 billion | -1.76 billion | 10 |
| 2020s | -2.64 billion | -5.49 billion | -456.28 million | 5 |
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 primary income balance (credit less debit), net (credits less debits) in Azerbaijan?
- Primary income balance (credit less debit), net (credits less debits) in Azerbaijan was -2.73 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Azerbaijan?
- The highest recorded value was -456.28 million in 2020.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Azerbaijan?
- The lowest recorded value was -5.49 billion in 2022.
- How does Azerbaijan rank for primary income balance (credit less debit), net (credits less debits)?
- Azerbaijan ranks 140th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Azerbaijan?
- Over the last ten years it is down 5.9%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from International Monetary Fund, published as part of Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.