Current account balance in Azerbaijan
Azerbaijan: Current account balance was 4.6% in 2025. ◆ Volatile
Current account balance in Azerbaijan, 1995–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Azerbaijan recorded 4.6% for current account balance in 2025.
That represents a change of down 27.1% on the previous year and up 1,191.7% over ten years.
Over the whole period, current account balance in Azerbaijan peaked at 33.7% in 2008 and was at its lowest, -30.7%, in 1998.
Azerbaijan ranks 43rd of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Azerbaijan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | -16.6% | — |
| 1996 | -29.3% | +76.9% |
| 1997 | -23.1% | -21.2% |
| 1998 | -30.7% | +32.8% |
| 1999 | -13.1% | -57.3% |
| 2000 | -3.2% | -75.7% |
| 2001 | -0.9% | -71.5% |
| 2002 | -12.3% | +1258.8% |
| 2003 | -27.8% | +125.4% |
| 2004 | -29.8% | +7.4% |
| 2005 | 1.3% | -104.2% |
| 2006 | 17.7% | +1298.9% |
| 2007 | 27.3% | +54.4% |
| 2008 | 33.7% | +23.4% |
| 2009 | 23.0% | -31.8% |
| 2010 | 28.4% | +23.7% |
| 2011 | 26.0% | -8.6% |
| 2012 | 21.5% | -17.3% |
| 2013 | 16.5% | -23.3% |
| 2014 | 13.6% | -17.7% |
| 2015 | -0.4% | -103.1% |
| 2016 | -3.6% | +758.9% |
| 2017 | 4.1% | -214.5% |
| 2018 | 12.7% | +207.7% |
| 2019 | 8.7% | -31.4% |
| 2020 | -0.7% | -108.5% |
| 2021 | 15.0% | -2119.5% |
| 2022 | 29.8% | +99.1% |
| 2023 | 11.5% | -61.4% |
| 2024 | 6.3% | -45.4% |
| 2025 | 4.6% | -27.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -22.6% | -30.7% | -13.1% | 5 |
| 2000s | 2.9% | -29.8% | 33.7% | 10 |
| 2010s | 12.7% | -3.6% | 28.4% | 10 |
| 2020s | 11.1% | -0.7% | 29.8% | 6 |
Countries ranked near Azerbaijan
More economy & growth data for Azerbaijan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.06 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.42 Percent per annum (2029)
- External balance on goods and services (current US$), annual growth -30.33 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -30.33 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 8.29 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.1007 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 746.47 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.7552 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.06 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 444.63 constant 2015 US$ per person (2025)
Frequently asked questions
- What is current account balance in Azerbaijan?
- Current account balance in Azerbaijan was 4.6% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Azerbaijan?
- The highest recorded value was 33.7% in 2008.
- What is the lowest current account balance recorded in Azerbaijan?
- The lowest recorded value was -30.7% in 1998.
- How does Azerbaijan rank for current account balance?
- Azerbaijan ranks 43rd out of 200 countries with data for 2025.
- Is current account balance rising or falling in Azerbaijan?
- Over the last ten years it is up 1,191.7%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. 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.