Azerbaijan recorded a Current Account surplus of 6.30 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Azerbaijan averaged 2.16 percent of GDP from 1992 until 2024, reaching an all time high of 33.70 percent of GDP in 2008 and a record low of -30.70 percent of GDP in 1998. source: IMF

Current Account to GDP in Azerbaijan is expected to reach 11.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Current Account to GDP is projected to trend around 9.00 percent of GDP in 2026 and 7.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade 2445459.70 1820985.60 USD Thousand Mar 2025
Capital Flows 1224.00 1429.30 USD Million Mar 2025
Crude Oil Production 570.00 563.00 BBL/D/1K May 2025
Current Account 1142.90 718.20 USD Million Mar 2025
Current Account to GDP 6.30 11.50 percent of GDP Dec 2024
Exports 6212869.90 6726965.30 USD Thousand Mar 2025
Exports by Category
Exports by Country
External Debt 14532680.00 15277054.00 USD Thousand Dec 2023
Foreign Direct Investment 1519.00 2524.00 USD Million Mar 2025
Gold Reserves 181.10 165.30 Tonnes Jun 2025
Imports 3767410.30 4905979.70 USD Thousand Mar 2025
Imports by Category
Imports by Country
Remittances 116.80 115.90 USD Million Mar 2025
Terrorism Index 0.23 0.00 Points Dec 2024
Tourist Arrivals 11572.00 11232.00 Dec 2024



Azerbaijan Current Account to GDP
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.
Actual Previous Highest Lowest Dates Unit Frequency
6.30 11.50 33.70 -30.70 1992 - 2024 percent of GDP Yearly