External balance on goods and services in Azerbaijan
Azerbaijan: External balance on goods and services was 8.02 billion current LCU in 2025. ◆ Volatile
External balance on goods and services in Azerbaijan, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, external balance on goods and services in Azerbaijan stood at 8.02 billion current LCU.
Compared with earlier readings it is down 30.3% on the previous year and up 393.8% over ten years.
Over the whole period, external balance on goods and services in Azerbaijan peaked at 44.20 billion current LCU in 2022 and was at its lowest, -2.04 billion current LCU, in 2004.
That places Azerbaijan 54th out of 193 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Azerbaijan, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 13,600 current LCU | — |
| 1991 | 23,800 current LCU | +75.0% |
| 1992 | 1.52 million current LCU | +6301.3% |
| 1993 | -5.83 million current LCU | -482.6% |
| 1994 | -22.13 million current LCU | +279.7% |
| 1995 | -446.40 million current LCU | +1916.8% |
| 1996 | -846.90 million current LCU | +89.7% |
| 1997 | -758.30 million current LCU | -10.5% |
| 1998 | -1.10 billion current LCU | +44.4% |
| 1999 | -524.20 million current LCU | -52.1% |
| 2000 | 84.60 million current LCU | -116.1% |
| 2001 | 222.30 million current LCU | +162.8% |
| 2002 | -441.50 million current LCU | -298.6% |
| 2003 | -1.68 billion current LCU | +281.0% |
| 2004 | -2.04 billion current LCU | +21.3% |
| 2005 | 1.26 billion current LCU | -161.6% |
| 2006 | 5.20 billion current LCU | +313.7% |
| 2007 | 11.24 billion current LCU | +116.0% |
| 2008 | 16.98 billion current LCU | +51.1% |
| 2009 | 10.16 billion current LCU | -40.2% |
| 2010 | 14.28 billion current LCU | +40.6% |
| 2011 | 16.85 billion current LCU | +18.0% |
| 2012 | 15.16 billion current LCU | -10.0% |
| 2013 | 12.89 billion current LCU | -14.9% |
| 2014 | 10.07 billion current LCU | -21.9% |
| 2015 | 1.62 billion current LCU | -83.9% |
| 2016 | 1.68 billion current LCU | +3.3% |
| 2017 | 4.71 billion current LCU | +180.5% |
| 2018 | 13.22 billion current LCU | +180.9% |
| 2019 | 10.06 billion current LCU | -23.9% |
| 2020 | -559.40 million current LCU | -105.6% |
| 2021 | 15.56 billion current LCU | -2880.9% |
| 2022 | 44.20 billion current LCU | +184.1% |
| 2023 | 17.80 billion current LCU | -59.7% |
| 2024 | 11.52 billion current LCU | -35.3% |
| 2025 | 8.02 billion current LCU | -30.3% |
Azerbaijan compared with similar countries
- Azerbaijan's 8.02 billion current LCU is above the median for upper middle income countries, which is -2.10 billion current LCU. (53 countries reporting)
- Azerbaijan's 8.02 billion current LCU is above the median for Europe & Central Asia, which is 96.00 million current LCU, 83.6× the median. (52 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +6301.3% | 23,800 current LCU | 1.52 million current LCU |
| 2021 | +2880.9% | -559.40 million current LCU | 15.56 billion current LCU |
| 1995 | -1916.8% | -22.13 million current LCU | -446.40 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -369.73 million current LCU | -1.10 billion current LCU | 1.52 million current LCU | 10 |
| 2000s | 4.10 billion current LCU | -2.04 billion current LCU | 16.98 billion current LCU | 10 |
| 2010s | 10.05 billion current LCU | 1.62 billion current LCU | 16.85 billion current LCU | 10 |
| 2020s | 16.09 billion current LCU | -559.40 million current LCU | 44.20 billion current LCU | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 910.20 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 88.83 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 374.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 61.79 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 36.52 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Azerbaijan?
- External balance on goods and services in Azerbaijan was 8.02 billion current LCU in 2025, 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 44.20 billion current LCU in 2022.
- What is the lowest external balance on goods and services recorded in Azerbaijan?
- The lowest recorded value was -2.04 billion current LCU in 2004.
- How does Azerbaijan rank for external balance on goods and services?
- Azerbaijan ranks 54th out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Azerbaijan?
- Over the last ten years it is up 393.8%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.