Total reserves minus gold in Azerbaijan

Azerbaijan: Total reserves minus gold was 13.56 billion current US$ in 2025. ◆ Volatile

Latest (2025)
13.56 billion current US$
Change on year
up 6.7%
World rank
71st
of 182 countries
All-time high
14.43 billion current US$
in 2014
All-time low
590,076 current US$
in 1993
Years of data
33
1993–2025

Total reserves minus gold in Azerbaijan, 1993–2025

05.0B10.0B15.0B1993200920251993: 590.1k current US$1994: 2.0M current US$1995: 120.9M current US$1996: 211.3M current US$1997: 466.1M current US$1998: 447.3M current US$1999: 672.6M current US$2000: 679.6M current US$2001: 725.0M current US$2002: 720.5M current US$2003: 802.8M current US$2004: 1.1B current US$2005: 1.2B current US$2006: 2.5B current US$2007: 4.3B current US$2008: 6.5B current US$2009: 5.4B current US$2010: 6.4B current US$2011: 10.3B current US$2012: 11.3B current US$2013: 14.4B current US$2014: 14.4B current US$2015: 6.0B current US$2016: 6.0B current US$2017: 7.0B current US$2018: 6.7B current US$2019: 7.1B current US$2020: 7.8B current US$2021: 8.3B current US$2022: 11.3B current US$2023: 13.7B current US$2024: 12.7B current US$2025: 13.6B current US$

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.

Analysis

The most recent figure for total reserves minus gold in Azerbaijan is 13.56 billion current US$, measured in 2025.

That represents a change of up 6.7% on the previous year and up 124.3% over ten years.

Over the whole period, total reserves minus gold in Azerbaijan peaked at 14.43 billion current US$ in 2014 and was at its lowest, 590,076 current US$, in 1993.

Azerbaijan ranks 71st of 182 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Total reserves minus gold in Azerbaijan, year by year

Annual values for Total reserves minus gold (current US$) in Azerbaijan, 1993 to 2025.
Year current US$ Change
1993 590,076 current US$ —
1994 2.03 million current US$ +244.7%
1995 120.88 million current US$ +5842.5%
1996 211.28 million current US$ +74.8%
1997 466.09 million current US$ +120.6%
1998 447.33 million current US$ -4.0%
1999 672.59 million current US$ +50.4%
2000 679.61 million current US$ +1.0%
2001 724.98 million current US$ +6.7%
2002 720.47 million current US$ -0.6%
2003 802.84 million current US$ +11.4%
2004 1.08 billion current US$ +33.9%
2005 1.18 billion current US$ +9.5%
2006 2.50 billion current US$ +112.3%
2007 4.27 billion current US$ +70.9%
2008 6.47 billion current US$ +51.3%
2009 5.36 billion current US$ -17.1%
2010 6.41 billion current US$ +19.5%
2011 10.27 billion current US$ +60.3%
2012 11.28 billion current US$ +9.8%
2013 14.40 billion current US$ +27.7%
2014 14.43 billion current US$ +0.2%
2015 6.04 billion current US$ -58.1%
2016 5.96 billion current US$ -1.3%
2017 7.03 billion current US$ +17.9%
2018 6.70 billion current US$ -4.7%
2019 7.07 billion current US$ +5.6%
2020 7.78 billion current US$ +10.0%
2021 8.29 billion current US$ +6.6%
2022 11.34 billion current US$ +36.8%
2023 13.75 billion current US$ +21.3%
2024 12.70 billion current US$ -7.6%
2025 13.56 billion current US$ +6.7%

Azerbaijan compared with similar countries

  • Azerbaijan's 13.56 billion current US$ is above the median for upper middle income countries, which is 6.63 billion current US$, 2.0× the median. (56 countries reporting)
  • Azerbaijan's 13.56 billion current US$ is below the median for Europe & Central Asia, which is 13.63 billion current US$, 99% of the median. (50 countries reporting)

Biggest year-on-year movements

Years where Total reserves minus gold 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.

YearChange FromTo
1995 +5842.5% 2.03 million current US$ 120.88 million current US$
1994 +244.7% 590,076 current US$ 2.03 million current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 274.40 million current US$ 590,076 current US$ 672.59 million current US$ 7
2000s 2.38 billion current US$ 679.61 million current US$ 6.47 billion current US$ 10
2010s 8.96 billion current US$ 5.96 billion current US$ 14.43 billion current US$ 10
2020s 11.23 billion current US$ 7.78 billion current US$ 13.75 billion current US$ 6

Countries ranked near Azerbaijan

  1. 68 Dominican Republic 14.70 billion current US$ compare
  2. 69 Austria 14.11 billion current US$ compare
  3. 70 Slovakia 13.71 billion current US$ compare
  4. 72 Angola 13.54 billion current US$ compare
  5. 73 Kenya 12.39 billion current US$ compare
  6. 74 Ireland 11.97 billion current US$ compare

See the full ranking of 183 places →

More economy & growth data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is total reserves minus gold in Azerbaijan?
Total reserves minus gold in Azerbaijan was 13.56 billion current US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest total reserves minus gold recorded in Azerbaijan?
The highest recorded value was 14.43 billion current US$ in 2014.
What is the lowest total reserves minus gold recorded in Azerbaijan?
The lowest recorded value was 590,076 current US$ in 1993.
How does Azerbaijan rank for total reserves minus gold?
Azerbaijan ranks 71st out of 182 countries with data for 2025.
Is total reserves minus gold rising or falling in Azerbaijan?
Over the last ten years it is up 124.3%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves minus gold (current US$). Statizoid updates them automatically from the source API.

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Total reserves minus gold in Azerbaijan. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 27 September 2026, from https://economy.statizoid.com/stat/total-reserves-minus-gold-current-us/azerbaijan/

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About this data

Indicator
Total reserves minus gold (current US$)
Unit
current US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 9,516 data points, 1960–2025
Last refreshed

This series includes external assets (excluding monetary gold) that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.