Secondary income balance (credit less debit), Net (credits less) in Azerbaijan
Azerbaijan: Secondary income balance (credit less debit), Net (credits less) was 631.74 million in 2024. ◆ Volatile
Secondary income balance (credit less debit), Net (credits less) in Azerbaijan, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for secondary income balance (credit less debit), net (credits less) in Azerbaijan is 631.74 million, measured in 2024.
That represents a change of down 40.3% on the previous year and up 1,427.4% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Azerbaijan peaked at 2.97 billion in 2022 and was at its lowest, -59.96 million, in 2013.
Azerbaijan ranks 80th of 197 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.
Secondary income balance (credit less debit), Net (credits less) in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 483.87 million | — |
| 2006 | 566.27 million | +17.0% |
| 2007 | 1.01 billion | +77.5% |
| 2008 | 1.05 billion | +4.5% |
| 2009 | 721.69 million | -31.3% |
| 2010 | 509.13 million | -29.5% |
| 2011 | 673.34 million | +32.3% |
| 2012 | -49.99 million | -107.4% |
| 2013 | -59.96 million | +19.9% |
| 2014 | -47.59 million | -20.6% |
| 2015 | 221.75 million | -565.9% |
| 2016 | 56.83 million | -74.4% |
| 2017 | 708.68 million | +1147.0% |
| 2018 | 731.37 million | +3.2% |
| 2019 | 508.62 million | -30.5% |
| 2020 | 557.78 million | +9.7% |
| 2021 | 459.48 million | -17.6% |
| 2022 | 2.97 billion | +545.4% |
| 2023 | 1.06 billion | -64.3% |
| 2024 | 631.74 million | -40.3% |
Azerbaijan compared with similar countries
- Azerbaijan's 631.74 million is below the median for upper middle income countries, which is 975.41 million, 65% of the median. (54 countries reporting)
- Azerbaijan's 631.74 million is above the median for Europe & Central Asia, which is -31.75 million. (50 countries reporting)
Biggest year-on-year movements
Years where Secondary income balance (credit less debit), Net (credits less) 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 |
|---|---|---|---|
| 2017 | +1147.0% | 56.83 million | 708.68 million |
| 2015 | +565.9% | -47.59 million | 221.75 million |
| 2022 | +545.4% | 459.48 million | 2.97 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 765.46 million | 483.87 million | 1.05 billion | 5 |
| 2010s | 325.22 million | -59.96 million | 731.37 million | 10 |
| 2020s | 1.13 billion | 459.48 million | 2.97 billion | 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 secondary income balance (credit less debit), net (credits less) in Azerbaijan?
- Secondary income balance (credit less debit), net (credits less) in Azerbaijan was 631.74 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Azerbaijan?
- The highest recorded value was 2.97 billion in 2022.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Azerbaijan?
- The lowest recorded value was -59.96 million in 2013.
- How does Azerbaijan rank for secondary income balance (credit less debit), net (credits less)?
- Azerbaijan ranks 80th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Azerbaijan?
- Over the last ten years it is up 1,427.4%. 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 Secondary 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.