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% |
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
- Net domestic credit (current LCU), per capita 3,598 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 0.4856 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 5.42 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 9.43 billion SDR (2025)
- Reserves excluding gold 9.90 billion SDR (2025)
- Total reserves (gold at market value) 9.90 billion SDR (2025)
- Total reserves (gold at national valuation) 9.90 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 965.97 SDR per person (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.