Azerbaijan vs Belgium: External balance on goods and services

Azerbaijan
9.38 billion constant LCU
in 2014
Belgium
10.51 billion constant LCU
in 2025
Azerbaijan rank
42nd
Belgium rank
41st

External balance on goods and services over time

  • Azerbaijan
  • Belgium
-5.0B05.0B10.0B15.0B197019972025

How they compare

Belgium currently reports 10.51 billion constant LCU against 9.38 billion constant LCU in Azerbaijan, a difference of 1.13 billion constant LCU.

That makes Belgium's figure about 1.1 times Azerbaijan's.

The two have swapped places 1 time across 10 shared years of data; in 2005 it was Belgium ahead.

Azerbaijan ranks 42nd and Belgium ranks 41st of 161 countries.

Across the 2 decades both report, Azerbaijan averaged higher in 1 and Belgium in 1.

Head to head by decade

Decade Azerbaijan Belgium Difference Ahead
2000s 5.55 billion constant LCU 10.83 billion constant LCU 5.28 billion constant LCU Belgium
2010s 11.01 billion constant LCU 7.07 billion constant LCU 3.93 billion constant LCU Azerbaijan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Azerbaijan or Belgium?
Belgium, at 10.51 billion constant LCU against 9.38 billion constant LCU in Azerbaijan as of 2025.
What is the difference in external balance on goods and services between Azerbaijan and Belgium?
1.13 billion constant LCU, with Belgium ahead.
How many years of comparable data are there for Azerbaijan and Belgium?
10 years are reported by both, from 2005 to 2014.
How do Azerbaijan and Belgium rank globally for external balance on goods and services?
Azerbaijan ranks 42nd and Belgium ranks 41st of 161 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Azerbaijan vs Belgium: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-constant-lcu/azerbaijan/belgium/

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About this data

Indicator
External balance on goods and services (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
161 places, 3,197 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.