External balance on goods and services in Azerbaijan
Azerbaijan: External balance on goods and services was 9.38 billion constant LCU in 2014. ▲ Rising
External balance on goods and services in Azerbaijan, 2005–2014
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for external balance on goods and services in Azerbaijan is 9.38 billion constant LCU, measured in 2014.
Compared with earlier readings it is down 8.3% on the previous year and up 646.1% over ten years.
Over the whole period, external balance on goods and services in Azerbaijan peaked at 13.38 billion constant LCU in 2010 and was at its lowest, 1.26 billion constant LCU, in 2005.
Azerbaijan ranks 42nd of 161 countries on this measure, in the middle of the range.
External balance on goods and services in Azerbaijan, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2005 | 1.26 billion constant LCU | — |
| 2006 | 2.99 billion constant LCU | +137.5% |
| 2007 | 7.21 billion constant LCU | +141.4% |
| 2008 | 7.22 billion constant LCU | +0.2% |
| 2009 | 9.10 billion constant LCU | +26.0% |
| 2010 | 13.38 billion constant LCU | +47.1% |
| 2011 | 10.91 billion constant LCU | -18.5% |
| 2012 | 11.15 billion constant LCU | +2.2% |
| 2013 | 10.23 billion constant LCU | -8.3% |
| 2014 | 9.38 billion constant LCU | -8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.55 billion constant LCU | 1.26 billion constant LCU | 9.10 billion constant LCU | 5 |
| 2010s | 11.01 billion constant LCU | 9.38 billion constant LCU | 13.38 billion constant LCU | 5 |
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)
- GNI (current LCU), annual growth rate 2.91 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.66 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 12,269 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 22.66 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 22.66 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -0.0508 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.096 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 711.72 current US$ per person (2025)
Frequently asked questions
- What is external balance on goods and services in Azerbaijan?
- External balance on goods and services in Azerbaijan was 9.38 billion constant LCU in 2014, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Azerbaijan?
- The highest recorded value was 13.38 billion constant LCU in 2010.
- What is the lowest external balance on goods and services recorded in Azerbaijan?
- The lowest recorded value was 1.26 billion constant LCU in 2005.
- How does Azerbaijan rank for external balance on goods and services?
- Azerbaijan ranks 42nd out of 161 countries with data for 2014.
- Is external balance on goods and services rising or falling in Azerbaijan?
- Over the last ten years it is up 646.1%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
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.