Trade in services (% of GDP) in Azerbaijan
Azerbaijan: Trade in services (% of GDP) was 24.8% in 2025. ▬ Flat
Trade in services in Azerbaijan, 1995–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for trade in services in Azerbaijan is 24.8%, measured in 2025.
The figure is up 1.0% on the previous year and up 0.4% over ten years.
Over the whole period, trade in services in Azerbaijan peaked at 37.7% in 2004 and was at its lowest, 11.4%, in 2008.
That places Azerbaijan 90th out of 200 countries with data for 2025, putting it in the middle of the range.
Trade in services (% of GDP) in Azerbaijan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 19.7% | — |
| 1996 | 18.6% | -5.8% |
| 1997 | 26.9% | +45.0% |
| 1998 | 23.2% | -13.8% |
| 1999 | 16.2% | -30.3% |
| 2000 | 14.1% | -12.8% |
| 2001 | 16.7% | +18.5% |
| 2002 | 26.7% | +59.7% |
| 2003 | 34.0% | +27.3% |
| 2004 | 37.7% | +10.9% |
| 2005 | 25.7% | -31.9% |
| 2006 | 18.6% | -27.5% |
| 2007 | 14.6% | -21.3% |
| 2008 | 11.4% | -22.0% |
| 2009 | 13.0% | +14.0% |
| 2010 | 12.1% | -6.9% |
| 2011 | 13.5% | +10.9% |
| 2012 | 17.6% | +30.4% |
| 2013 | 16.8% | -4.4% |
| 2014 | 19.5% | +16.2% |
| 2015 | 24.7% | +26.6% |
| 2016 | 31.4% | +27.1% |
| 2017 | 31.2% | -0.6% |
| 2018 | 24.5% | -21.6% |
| 2019 | 21.4% | -12.5% |
| 2020 | 19.2% | -10.6% |
| 2021 | 17.9% | -6.6% |
| 2022 | 16.3% | -9.0% |
| 2023 | 20.6% | +26.4% |
| 2024 | 24.6% | +19.4% |
| 2025 | 24.8% | +1.0% |
Azerbaijan compared with similar countries
- Azerbaijan's 24.8% is below the median for upper middle income countries, which is 26.5%, 94% of the median. (57 countries reporting)
- Azerbaijan's 24.8% is below the median for Europe & Central Asia, which is 31.1%, 80% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.9% | 16.2% | 26.9% | 5 |
| 2000s | 21.3% | 11.4% | 37.7% | 10 |
| 2010s | 21.3% | 12.1% | 31.4% | 10 |
| 2020s | 20.6% | 16.3% | 24.8% | 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)
- SDRs holdings, US dollar, annual growth rate -4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0074 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 55.19 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.58 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0054 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 40.3 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.006 units per US$ of GDP (2025)
Frequently asked questions
- What is trade in services in Azerbaijan?
- Trade in services in Azerbaijan was 24.8% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Azerbaijan?
- The highest recorded value was 37.7% in 2004.
- What is the lowest trade in services recorded in Azerbaijan?
- The lowest recorded value was 11.4% in 2008.
- How does Azerbaijan rank for trade in services?
- Azerbaijan ranks 90th out of 200 countries with data for 2025.
- Is trade in services rising or falling in Azerbaijan?
- Over the last ten years it is up 0.4%. The long-run trend across the full record is flat.
- 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 Trade in services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. 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.