Trade balance in low carbon technology products, Percent of GDP in Azerbaijan
Azerbaijan: Trade balance in low carbon technology products, Percent of GDP was -2.07 in 2024. ▲ Rising
Trade balance in low carbon technology products, Percent of GDP in Azerbaijan, 1996–2024
Source: International Monetary Fund.
Analysis
The most recent figure for trade balance in low carbon technology products, percent of gdp in Azerbaijan is -2.07, measured in 2024.
Compared with earlier readings it is down 40.8% on the previous year and down 276.1% over ten years.
Over the whole period, trade balance in low carbon technology products, percent of gdp in Azerbaijan peaked at -0.3959 in 1996 and was at its lowest, -2.76, in 2004.
That places Azerbaijan 167th out of 177 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Trade balance in low carbon technology products, Percent of GDP in Azerbaijan, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | -0.3959 | — |
| 1997 | -0.4147 | +4.8% |
| 1998 | -0.7602 | +83.3% |
| 1999 | -1.84 | +142.2% |
| 2000 | -2.09 | +13.8% |
| 2001 | -2.48 | +18.3% |
| 2002 | -1.59 | -35.9% |
| 2003 | -2.08 | +31.2% |
| 2004 | -2.76 | +32.6% |
| 2005 | -1.63 | -41.1% |
| 2006 | -1.33 | -18.0% |
| 2007 | -0.7839 | -41.3% |
| 2008 | -0.861 | +9.8% |
| 2009 | -1.37 | +59.2% |
| 2010 | -0.9109 | -33.5% |
| 2011 | -1.09 | +19.6% |
| 2012 | -0.9446 | -13.3% |
| 2013 | -0.8477 | -10.3% |
| 2014 | -0.5508 | -35.0% |
| 2015 | -1.17 | +111.9% |
| 2016 | -1.46 | +25.0% |
| 2017 | -0.8703 | -40.4% |
| 2018 | -1.01 | +15.6% |
| 2019 | -0.9663 | -4.0% |
| 2020 | -1.27 | +31.8% |
| 2021 | -1.21 | -5.0% |
| 2022 | -0.8553 | -29.3% |
| 2023 | -1.47 | +72.1% |
| 2024 | -2.07 | +40.8% |
Azerbaijan compared with similar countries
- Azerbaijan's -2.07 is below the median for upper middle income countries, which is -0.9524, 2.2× the median. (50 countries reporting)
- Azerbaijan's -2.07 is below the median for Europe & Central Asia, which is -0.5163, 4.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.853 | -1.84 | -0.3959 | 4 |
| 2000s | -1.7 | -2.76 | -0.7839 | 10 |
| 2010s | -0.9813 | -1.46 | -0.5508 | 10 |
| 2020s | -1.38 | -2.07 | -0.8553 | 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 trade balance in low carbon technology products, percent of gdp in Azerbaijan?
- Trade balance in low carbon technology products, percent of gdp in Azerbaijan was -2.07 in 2024, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, percent of gdp recorded in Azerbaijan?
- The highest recorded value was -0.3959 in 1996.
- What is the lowest trade balance in low carbon technology products, percent of gdp recorded in Azerbaijan?
- The lowest recorded value was -2.76 in 2004.
- How does Azerbaijan rank for trade balance in low carbon technology products, percent of gdp?
- Azerbaijan ranks 167th out of 177 countries with data for 2024.
- Is trade balance in low carbon technology products, percent of gdp rising or falling in Azerbaijan?
- Over the last ten years it is down 276.1%. 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 Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.
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About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.