Current account balance — all countries

Current account balance — Azerbaijan

Current account balance in Azerbaijan in 2031 — 0.6%. Ranked 57 in the world out of 188. Since 1992, the indicator has risen by 17.2 pp.

2031 0.6% −0.4 pp vs 2030
World rank 57of 188
Period maximum 33.7%2008
Period minimum -31.9%1998

Trend over time

1992–2031 · % of GDP

Current account balance — Azerbaijan, 1992–2031-40-2002040199219962000200420082012201620202024202820311992: -16.6%1993: -12.2%1994: -5.5%1995: -13.2%1996: -25.9%1997: -21.2%1998: -31.9%1999: -13.1%2000: -3.5%2001: -0.9%2002: -12.3%2003: -27.8%2004: -29.8%2005: 1.3%2006: 17.7%2007: 27.3%2008: 33.7%2009: 23%2010: 28.4%2011: 26%2012: 21.4%2013: 16.6%2014: 13.9%2015: -0.4%2016: -3.6%2017: 4.1%2018: 12.8%2019: 9.1%2020: -0.5%2021: 15.1%2022: 29.8%2023: 11.5%2024: 6.3%2025: 5.5%2026: 9.7%2027: 5.4%2028: 2%2029: 1.6%2030: 1%2031: 0.6%
Change over the period: +17.2 pp Annual average: 0.44 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Azerbaijan

Azerbaijan 0.6%
World computed 0.28%
Europe & Central Asia computed 1.53%
Western Asia computed 0.8%
Current account balance — Azerbaijan, by year Azerbaijan All countries CSV XLSX
Year % Change, pp
2031 0.6 −0.4 pp
2030 1 −0.6 pp
2029 1.6 −0.4 pp
2028 2 −3.4 pp
2027 5.4 −4.3 pp
2026 9.7 +4.2 pp
2025 5.5 −0.8 pp
2024 6.3 −5.2 pp
2023 11.5 −18.3 pp
2022 29.8 +14.7 pp
2021 15.1 +15.6 pp
2020 -0.5 −9.6 pp
2019 9.1 −3.7 pp
2018 12.8 +8.7 pp
2017 4.1 +7.7 pp
2016 -3.6 −3.2 pp
2015 -0.4 −14.3 pp
2014 13.9 −2.7 pp
2013 16.6 −4.8 pp
2012 21.4 −4.6 pp
2011 26 −2.4 pp
2010 28.4 +5.4 pp
2009 23 −10.7 pp
2008 33.7 +6.4 pp
2007 27.3 +9.6 pp
2006 17.7 +16.4 pp
2005 1.3 +31.1 pp
2004 -29.8 −2 pp
2003 -27.8 −15.5 pp
2002 -12.3 −11.4 pp
2001 -0.9 +2.6 pp
2000 -3.5 +9.6 pp
1999 -13.1 +18.8 pp
1998 -31.9 −10.7 pp
1997 -21.2 +4.7 pp
1996 -25.9 −12.7 pp
1995 -13.2 −7.7 pp
1994 -5.5 +6.7 pp
1993 -12.2 +4.4 pp
1992 -16.6

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.