Services, Debit/Expenditure in Azerbaijan
Azerbaijan: Services, Debit/Expenditure was 10.17 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Azerbaijan, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services, debit/expenditure in Azerbaijan is 10.17 billion, measured in 2024.
That represents a change of up 18.0% on the previous year and down 2.1% over ten years.
Over the whole period, services, debit/expenditure in Azerbaijan peaked at 10.39 billion in 2014 and was at its lowest, 2.66 billion, in 2005.
Azerbaijan ranks 69th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 2.66 billion | — |
| 2006 | 2.94 billion | +10.5% |
| 2007 | 3.39 billion | +15.2% |
| 2008 | 3.92 billion | +15.7% |
| 2009 | 3.67 billion | -6.2% |
| 2010 | 3.93 billion | +7.0% |
| 2011 | 5.84 billion | +48.6% |
| 2012 | 7.43 billion | +27.2% |
| 2013 | 8.32 billion | +12.0% |
| 2014 | 10.39 billion | +24.8% |
| 2015 | 8.67 billion | -16.5% |
| 2016 | 7.52 billion | -13.3% |
| 2017 | 8.07 billion | +7.2% |
| 2018 | 6.84 billion | -15.3% |
| 2019 | 6.56 billion | -4.1% |
| 2020 | 5.56 billion | -15.3% |
| 2021 | 6.01 billion | +8.2% |
| 2022 | 7.77 billion | +29.1% |
| 2023 | 8.62 billion | +11.0% |
| 2024 | 10.17 billion | +18.0% |
Azerbaijan compared with similar countries
- Azerbaijan's 10.17 billion is above the median for upper middle income countries, which is 4.11 billion, 2.5× the median. (54 countries reporting)
- Azerbaijan's 10.17 billion is below the median for Europe & Central Asia, which is 18.83 billion, 54% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.31 billion | 2.66 billion | 3.92 billion | 5 |
| 2010s | 7.36 billion | 3.93 billion | 10.39 billion | 10 |
| 2020s | 7.63 billion | 5.56 billion | 10.17 billion | 5 |
Countries ranked near Azerbaijan
More trade data for Azerbaijan
- Commodity Net Export Price Index, Individual Commodities Weighted by 71.32 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 88.06 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 86.7 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 63.13 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.46 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 76.4 (2025)
- Imports of low carbon technology products, Percent of GDP 2.13 (2024)
- Imports of low carbon technology products, US dollar (World), per 155.44 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0213 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 46.18 million (2024)
Frequently asked questions
- What is services, debit/expenditure in Azerbaijan?
- Services, debit/expenditure in Azerbaijan was 10.17 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Azerbaijan?
- The highest recorded value was 10.39 billion in 2014.
- What is the lowest services, debit/expenditure recorded in Azerbaijan?
- The lowest recorded value was 2.66 billion in 2005.
- How does Azerbaijan rank for services, debit/expenditure?
- Azerbaijan ranks 69th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Azerbaijan?
- Over the last ten years it is down 2.1%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.