Azerbaijan recorded a Current Account surplus of 646 USD Million in the first quarter of 2020.

Current Account in Azerbaijan averaged 1353.20 USD Million from 1999 until 2020, reaching an all time high of 6029 USD Million in the second quarter of 2008 and a record low of -738 USD Million in the first quarter of 2004. This page provides - Azerbaijan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Current Account - values, historical data and charts - was last updated on July of 2020.

Current Account in Azerbaijan is expected to be 1315.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Azerbaijan to stand at 1400.00 in 12 months time. In the long-term, the Azerbaijan Current Account is projected to trend around 1400.00 USD Million in 2021, according to our econometric models.

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Azerbaijan Current Account

Actual Previous Highest Lowest Dates Unit Frequency
646.00 362.00 6029.00 -738.00 1999 - 2020 USD Million Quarterly

Azerbaijan Trade Last Previous Highest Lowest Unit
Balance of Trade 1873068.00 1636262.10 8201764.00 -306551.00 USD Thousand [+]
Current Account 646.00 362.00 6029.00 -738.00 USD Million [+]
Current Account to GDP 7.90 5.50 35.30 -31.90 percent [+]
Imports 2590101.00 3212064.50 4754916.00 312012.00 USD Thousand [+]
Exports 4463169.00 4848326.50 9996038.00 129728.00 USD Thousand [+]
Capital Flows 1394.00 -490.00 4414.00 -2980.00 USD Million [+]
Crude Oil Production 760.00 758.00 1072.00 168.00 BBL/D/1K [+]
Gold Reserves 0.00 0.00 30.20 0.00 Tonnes [+]
Foreign Direct Investment 915.00 809.00 2231.00 586.00 USD Million [+]
External Debt 16212184.50 15253903.00 16212184.50 35540.00 USD Thousand [+]
Remittances 66.00 121.00 286.08 -170.00 USD Million [+]
Terrorism Index 0.70 0.96 2.93 0.09 [+]
Tourist Arrivals 12777.00 13455.00 23440.00 2009.00 [+]


Azerbaijan Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).