Azerbaijan vs Europe & Central Asia (IDA & IBRD countries): External balance on goods and services

Azerbaijan
6.2%
in 2025
Europe & Central Asia (IDA & IBRD countries)
-0.5%
in 2025
Azerbaijan rank
29th
Europe & Central Asia (IDA & IBRD countries) rank
27th

External balance on goods and services over time

  • Azerbaijan
  • Europe & Central Asia (IDA & IBRD countries)
-40-2002040199020072025

How they compare

Azerbaijan currently reports 6.2% against -0.5% in Europe & Central Asia (IDA & IBRD countries), a difference of 6.7%.

That makes Azerbaijan's figure about 12.4 times Europe & Central Asia (IDA & IBRD countries)'s.

The two have swapped places 6 times across 36 shared years of data; in 1990 it was Azerbaijan ahead.

Azerbaijan ranks 29th and Europe & Central Asia (IDA & IBRD countries) ranks 27th of 193 countries.

Across the 4 decades both report, Azerbaijan averaged higher in 3 and Europe & Central Asia (IDA & IBRD countries) in 1.

Head to head by decade

Decade Azerbaijan Europe & Central Asia (IDA & IBRD countries) Difference Ahead
1990s -10.5% 0.7% 11.3% Europe & Central Asia (IDA & IBRD countries)
2000s 9.9% 2.1% 7.8% Azerbaijan
2010s 17.4% 2.3% 15.1% Azerbaijan
2020s 13.1% 1.7% 11.4% Azerbaijan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Azerbaijan or Europe & Central Asia (IDA & IBRD countries)?
Azerbaijan, at 6.2% against -0.5% in Europe & Central Asia (IDA & IBRD countries) as of 2025.
What is the difference in external balance on goods and services between Azerbaijan and Europe & Central Asia (IDA & IBRD countries)?
6.7%, with Azerbaijan ahead.
How many years of comparable data are there for Azerbaijan and Europe & Central Asia (IDA & IBRD countries)?
36 years are reported by both, from 1990 to 2025.
How do Azerbaijan and Europe & Central Asia (IDA & IBRD countries) rank globally for external balance on goods and services?
Azerbaijan ranks 29th and Europe & Central Asia (IDA & IBRD countries) ranks 27th of 193 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 (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Azerbaijan vs Europe & Central Asia (IDA & IBRD countries): External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 18 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/azerbaijan/europe-and-central-asia-ida-and-ibrd-countries/

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About this data

Indicator
External balance on goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
237 places, 11,345 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.