Azerbaijan recorded a Current Account deficit of 0.50 percent of the country's Gross Domestic Product in 2020. source: IMF

Current Account to GDP in Azerbaijan averaged 0.50 percent from 1992 until 2020, reaching an all time high of 35.30 percent in 2008 and a record low of -31.90 percent in 1998. This page provides - Azerbaijan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Current Account to GDP - values, historical data and charts - was last updated on October of 2021.

Current Account to GDP in Azerbaijan is expected to reach -4.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Current Account to GDP is projected to trend around 6.60 percent of GDP in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Azerbaijan Current Account to GDP


Azerbaijan Last Unit Reference Previous Highest Lowest
Current Account to GDP -0.50 percent of GDP Dec/20 9.10 35.30 -31.90


Azerbaijan Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.