Azerbaijan Current Account to GDP 1995-2015 | Data | Chart | Calendar

Azerbaijan recorded a Current Account surplus of 16 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Azerbaijan averaged 1.22 percent from 1995 until 2014, reaching an all time high of 33.68 percent in 2008 and a record low of -30.69 percent in 1998. Current Account to GDP in Azerbaijan is reported by the Central Bank of the Republic of Azerbaijan.

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Azerbaijan Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
16.00 16.70 33.68 -30.69 1995 - 2014 percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Azerbaijan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Azerbaijan Current Account to GDP - was last refreshed on Tuesday, July 28, 2015.

Azerbaijan Trade Last Previous Highest Lowest Unit
Balance of Trade 1757982.00 2719269.00 8201764.00 -306551.00 USD Thousand [+]
Exports 4249512.00 5327620.00 9996038.00 129728.00 USD Thousand [+]
Imports 2491530.00 2608351.00 3120490.00 312012.00 USD Thousand [+]
Current Account 58.00 1139.00 6029.00 -738.00 USD Million [+]
Current Account to GDP 16.00 16.70 33.68 -30.69 percent [+]
Capital Flows 4364.00 1311.00 4364.00 -2980.00 USD Million [+]
Crude Oil Production 847.00 847.00 1072.00 168.00 BBL/D/1K [+]
Foreign Direct Investment 1846.00 2231.00 2231.00 586.00 USD Million [+]
Remittances -81.00 18.00 286.08 -170.00 USD Million [+]
Tourist Arrivals 10657.00 10605.00 23440.00 10605.00 Persons [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 percent [+]
Brazil -4.17 Dec/14 -3.66 1.80 -8.20 percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 percent [+]
China 2.10 Dec/14 2.00 10.10 -3.70 percent [+]
Euro Area 2.10 Dec/14 1.90 2.10 -1.60 percent [+]
France -1.00 Dec/14 -1.40 3.40 -2.10 percent [+]
Germany 7.60 Dec/14 6.50 7.60 -1.70 percent [+]
India -1.40 Dec/14 -1.70 1.50 -4.70 percent [+]
Indonesia -2.95 Dec/14 -3.20 4.80 -6.80 percent [+]
Italy 1.90 Dec/14 0.90 2.90 -3.70 percent [+]
Japan 0.50 Dec/14 0.70 4.80 -1.00 percent [+]
Mexico -2.10 Dec/14 -1.80 3.40 -6.10 percent [+]
Netherlands 10.30 Dec/14 11.00 11.00 -1.00 percent [+]
Russia 3.09 Dec/14 1.64 18.00 -1.40 percent [+]
South Korea 6.30 Dec/14 5.80 11.90 -8.30 percent [+]
Spain 0.80 Dec/14 1.40 1.50 -9.60 percent [+]
Switzerland 7.00 Dec/14 12.70 15.60 -0.60 percent [+]
Turkey -5.70 Dec/14 -7.90 2.00 -9.70 percent [+]
United Kingdom -5.50 Dec/14 -4.50 1.90 -5.50 percent [+]
United States -2.40 Dec/14 -2.40 0.20 -6.00 percent [+]