Secondary income, Credit/Revenue (US dollar) in Azerbaijan
Azerbaijan: Secondary income, Credit/Revenue (US dollar) was 1.25 billion in 2024. ▲ Rising
Secondary income, Credit/Revenue in Azerbaijan, 2005–2024
Source: International Monetary Fund.
Analysis
Azerbaijan recorded 1.25 billion for secondary income, credit/revenue in 2024.
The figure is down 29.6% on the previous year and down 30.7% over ten years.
Over the whole period, secondary income, credit/revenue in Azerbaijan peaked at 3.74 billion in 2022 and was at its lowest, 620.50 million, in 2016.
That places Azerbaijan 113th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income, Credit/Revenue (US dollar) in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 626.16 million | — |
| 2006 | 748.24 million | +19.5% |
| 2007 | 1.31 billion | +75.5% |
| 2008 | 1.50 billion | +14.2% |
| 2009 | 1.29 billion | -13.8% |
| 2010 | 1.42 billion | +9.9% |
| 2011 | 1.88 billion | +32.5% |
| 2012 | 1.95 billion | +3.8% |
| 2013 | 1.68 billion | -13.9% |
| 2014 | 1.80 billion | +7.0% |
| 2015 | 1.23 billion | -31.8% |
| 2016 | 620.50 million | -49.4% |
| 2017 | 1.11 billion | +79.4% |
| 2018 | 1.17 billion | +5.0% |
| 2019 | 1.02 billion | -12.7% |
| 2020 | 1.19 billion | +16.5% |
| 2021 | 1.23 billion | +3.8% |
| 2022 | 3.74 billion | +203.7% |
| 2023 | 1.77 billion | -52.7% |
| 2024 | 1.25 billion | -29.6% |
Azerbaijan compared with similar countries
- Azerbaijan's 1.25 billion is below the median for upper middle income countries, which is 2.37 billion, 53% of the median. (54 countries reporting)
- Azerbaijan's 1.25 billion is below the median for Europe & Central Asia, which is 4.46 billion, 28% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Secondary income, Credit/Revenue (US dollar) 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 | +203.7% | 1.23 billion | 3.74 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.10 billion | 626.16 million | 1.50 billion | 5 |
| 2010s | 1.39 billion | 620.50 million | 1.95 billion | 10 |
| 2020s | 1.84 billion | 1.19 billion | 3.74 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, credit/revenue in Azerbaijan?
- Secondary income, credit/revenue in Azerbaijan was 1.25 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income, credit/revenue recorded in Azerbaijan?
- The highest recorded value was 3.74 billion in 2022.
- What is the lowest secondary income, credit/revenue recorded in Azerbaijan?
- The lowest recorded value was 620.50 million in 2016.
- How does Azerbaijan rank for secondary income, credit/revenue?
- Azerbaijan ranks 113th out of 198 countries with data for 2024.
- Is secondary income, credit/revenue rising or falling in Azerbaijan?
- Over the last ten years it is down 30.7%. 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 Secondary income, Credit/Revenue (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.