Total current account debit/expenditure, Debit/Expenditure in Azerbaijan
Azerbaijan: Total current account debit/expenditure, Debit/Expenditure was 33.28 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Azerbaijan, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, total current account debit/expenditure, debit/expenditure in Azerbaijan stood at 33.28 billion. That is the highest value across all 20 years on record.
That represents a change of up 7.7% on the previous year and up 28.9% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Azerbaijan peaked at 33.28 billion in 2024 and was at its lowest, 8.80 billion, in 2005.
That places Azerbaijan 85th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account debit/expenditure, Debit/Expenditure in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 8.80 billion | — |
| 2006 | 11.04 billion | +25.4% |
| 2007 | 14.98 billion | +35.7% |
| 2008 | 17.53 billion | +17.1% |
| 2009 | 14.43 billion | -17.7% |
| 2010 | 15.29 billion | +6.0% |
| 2011 | 22.79 billion | +49.1% |
| 2012 | 24.81 billion | +8.9% |
| 2013 | 26.39 billion | +6.4% |
| 2014 | 25.82 billion | -2.2% |
| 2015 | 22.74 billion | -11.9% |
| 2016 | 20.48 billion | -9.9% |
| 2017 | 20.55 billion | +0.3% |
| 2018 | 22.32 billion | +8.6% |
| 2019 | 22.05 billion | -1.2% |
| 2020 | 18.57 billion | -15.8% |
| 2021 | 20.34 billion | +9.5% |
| 2022 | 29.08 billion | +43.0% |
| 2023 | 30.90 billion | +6.2% |
| 2024 | 33.28 billion | +7.7% |
Azerbaijan compared with similar countries
- Azerbaijan's 33.28 billion is above the median for upper middle income countries, which is 22.86 billion, 1.5× the median. (54 countries reporting)
- Azerbaijan's 33.28 billion is below the median for Europe & Central Asia, which is 105.62 billion, 32% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.35 billion | 8.80 billion | 17.53 billion | 5 |
| 2010s | 22.33 billion | 15.29 billion | 26.39 billion | 10 |
| 2020s | 26.44 billion | 18.57 billion | 33.28 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 total current account debit/expenditure, debit/expenditure in Azerbaijan?
- Total current account debit/expenditure, debit/expenditure in Azerbaijan was 33.28 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Azerbaijan?
- The highest recorded value was 33.28 billion in 2024.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Azerbaijan?
- The lowest recorded value was 8.80 billion in 2005.
- How does Azerbaijan rank for total current account debit/expenditure, debit/expenditure?
- Azerbaijan ranks 85th out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Azerbaijan?
- Over the last ten years it is up 28.9%. 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 Total current account debit/expenditure, 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.