Secondary income, Credit/Revenue in Azerbaijan
Azerbaijan: Secondary income, Credit/Revenue 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 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% |
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
- 110 Cameroon 1.35 billion compare
- 111 Mozambique 1.32 billion compare
- 112 Armenia 1.30 billion compare
- 114 Iraq 1.24 billion compare
- 115 Tanzania, United Republic of 1.18 billion compare
- 116 South Sudan 1.17 billion compare
More financial sector data for Azerbaijan
- Total reserves in months of imports, annual growth rate 6.19 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 2.16 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1241 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 920.03 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 1.65 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 965.97 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 1.65 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 965.97 SDR per person (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.