Azerbaijan Balance of Payments: Current Account
BOP: Current Account: Balance
AZ: BOP: Current Account: Balance data was reported at 8.329 USD bn in 2023. This records a decrease from the previous number of 23.478 USD bn for 2022. AZ: BOP: Current Account: Balance data is updated yearly, averaging 1.685 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 23.478 USD bn in 2022 and a record low of -2.589 USD bn in 2004. AZ: BOP: Current Account: Balance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 8,329.368 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Balance from 1995 to 2023 in the chart:
BOP: Current Account: Balance: % of GDP
AZ: BOP: Current Account: Balance: % of GDP data was reported at 11.512 % in 2023. This records a decrease from the previous number of 29.792 % for 2022. AZ: BOP: Current Account: Balance: % of GDP data is updated yearly, averaging 4.122 % from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 33.679 % in 2008 and a record low of -30.688 % in 1998. AZ: BOP: Current Account: Balance: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 11.512 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Balance: % of GDP from 1995 to 2023 in the chart:
BOP: Current Account: Charges for the Use of Intellectual Property: Payments
AZ: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data was reported at 182.232 USD mn in 2023. This records a decrease from the previous number of 198.087 USD mn for 2022. AZ: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data is updated yearly, averaging 18.826 USD mn from Dec 2002 (Median) to 2023, with 16 observations. The data reached an all-time high of 198.087 USD mn in 2022 and a record low of 0.046 USD mn in 2005. AZ: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 182.232 2023 | yearly | 2002 - 2023 |
View Azerbaijan's BOP: Current Account: Charges for the Use of Intellectual Property: Payments from 2002 to 2023 in the chart:
BOP: Current Account: Charges for the Use of Intellectual Property: Receipts
AZ: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data was reported at 4.215 USD mn in 2023. This records an increase from the previous number of 3.384 USD mn for 2022. AZ: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data is updated yearly, averaging 0.149 USD mn from Dec 2003 (Median) to 2023, with 15 observations. The data reached an all-time high of 6.908 USD mn in 2019 and a record low of 0.001 USD mn in 2003. AZ: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 4.215 2023 | yearly | 2003 - 2023 |
View Azerbaijan's BOP: Current Account: Charges for the Use of Intellectual Property: Receipts from 2003 to 2023 in the chart:
BOP: Current Account: Exports: Goods
AZ: BOP: Current Account: Exports: Goods data was reported at 29.202 USD bn in 2023. This records a decrease from the previous number of 42.207 USD bn for 2022. AZ: BOP: Current Account: Exports: Goods data is updated yearly, averaging 15.152 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 42.207 USD bn in 2022 and a record low of 612.343 USD mn in 1995. AZ: BOP: Current Account: Exports: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Goods exports refer to all movable goods (including nonmonetary gold and net exports of goods under merchanting) involved in a change of ownership from residents to nonresidents. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Merchanting is reclassified from services to goods.
| Last | Frequency | Range |
|---|---|---|
| 29,202.114 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Exports: Goods from 1995 to 2023 in the chart:
BOP: Current Account: Exports: Goods and Services
AZ: BOP: Current Account: Exports: Goods and Services data was reported at 35.487 USD bn in 2023. This records a decrease from the previous number of 47.274 USD bn for 2022. AZ: BOP: Current Account: Exports: Goods and Services data is updated yearly, averaging 19.840 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 47.274 USD bn in 2022 and a record low of 784.709 USD mn in 1995. AZ: BOP: Current Account: Exports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 35,487.354 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Exports: Goods and Services from 1995 to 2023 in the chart:
BOP: Current Account: Exports: Goods, Services and Primary Income
AZ: BOP: Current Account: Exports: Goods, Services and Primary Income data was reported at 37.456 USD bn in 2023. This records a decrease from the previous number of 48.816 USD bn for 2022. AZ: BOP: Current Account: Exports: Goods, Services and Primary Income data is updated yearly, averaging 21.126 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 48.816 USD bn in 2022 and a record low of 794.633 USD mn in 1995. AZ: BOP: Current Account: Exports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 37,456.464 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Exports: Goods, Services and Primary Income from 1995 to 2023 in the chart:
BOP: Current Account: Exports: Service
AZ: BOP: Current Account: Exports: Service data was reported at 6.285 USD bn in 2023. This records an increase from the previous number of 5.067 USD bn for 2022. AZ: BOP: Current Account: Exports: Service data is updated yearly, averaging 2.101 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 6.285 USD bn in 2023 and a record low of 149.256 USD mn in 1996. AZ: BOP: Current Account: Exports: Service data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Manufacturing services on physical inputs owned by others (goods for processing in BPM5) and maintenance and repair services n.i.e. are reclassified from goods to services.
| Last | Frequency | Range |
|---|---|---|
| 6,285.240 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Exports: Service from 1995 to 2023 in the chart:
BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports
AZ: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data was reported at 29.250 % in 2023. This records an increase from the previous number of 28.435 % for 2022. AZ: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data is updated yearly, averaging 28.435 % from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 56.195 % in 2005 and a record low of 12.359 % in 2016. AZ: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 29.250 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports from 1995 to 2023 in the chart:
BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports
AZ: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data was reported at 0.811 % in 2023. This records an increase from the previous number of 0.719 % for 2022. AZ: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data is updated yearly, averaging 0.591 % from Dec 1995 (Median) to 2023, with 25 observations. The data reached an all-time high of 1.562 % in 2006 and a record low of 0.141 % in 1995. AZ: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 0.811 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports from 1995 to 2023 in the chart:
BOP: Current Account: Exports: Service: Transport: % of Service Exports
AZ: BOP: Current Account: Exports: Service: Transport: % of Service Exports data was reported at 46.199 % in 2023. This records a decrease from the previous number of 54.600 % for 2022. AZ: BOP: Current Account: Exports: Service: Transport: % of Service Exports data is updated yearly, averaging 38.340 % from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 63.038 % in 2021 and a record low of 15.410 % in 2012. AZ: BOP: Current Account: Exports: Service: Transport: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 46.199 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Exports: Service: Transport: % of Service Exports from 1995 to 2023 in the chart:
BOP: Current Account: Exports: Service: Travel: % of Service Exports
AZ: BOP: Current Account: Exports: Service: Travel: % of Service Exports data was reported at 23.741 % in 2023. This records an increase from the previous number of 16.246 % for 2022. AZ: BOP: Current Account: Exports: Service: Travel: % of Service Exports data is updated yearly, averaging 26.361 % from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 64.238 % in 2017 and a record low of 8.227 % in 2021. AZ: BOP: Current Account: Exports: Service: Travel: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 23.741 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Exports: Service: Travel: % of Service Exports from 1995 to 2023 in the chart:
BOP: Current Account: Imports: Goods
AZ: BOP: Current Account: Imports: Goods data was reported at 16.397 USD bn in 2023. This records an increase from the previous number of 13.509 USD bn for 2022. AZ: BOP: Current Account: Imports: Goods data is updated yearly, averaging 6.307 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 16.397 USD bn in 2023 and a record low of 985.432 USD mn in 1995. AZ: BOP: Current Account: Imports: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 16,396.551 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Imports: Goods from 1995 to 2023 in the chart:
BOP: Current Account: Imports: Goods and Services
AZ: BOP: Current Account: Imports: Goods and Services data was reported at 25.016 USD bn in 2023. This records an increase from the previous number of 21.274 USD bn for 2022. AZ: BOP: Current Account: Imports: Goods and Services data is updated yearly, averaging 10.236 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 25.016 USD bn in 2023 and a record low of 1.290 USD bn in 1995. AZ: BOP: Current Account: Imports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 25,016.439 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Imports: Goods and Services from 1995 to 2023 in the chart:
BOP: Current Account: Imports: Goods, Services and Primary Income
AZ: BOP: Current Account: Imports: Goods, Services and Primary Income data was reported at 30.185 USD bn in 2023. This records an increase from the previous number of 28.303 USD bn for 2022. AZ: BOP: Current Account: Imports: Goods, Services and Primary Income data is updated yearly, averaging 14.669 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 30.185 USD bn in 2023 and a record low of 1.306 USD bn in 1995. AZ: BOP: Current Account: Imports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Imports of goods, services and primary income is the sum of goods imports, service imports and primary income payments. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 30,184.666 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Imports: Goods, Services and Primary Income from 1995 to 2023 in the chart:
BOP: Current Account: Imports: Service
AZ: BOP: Current Account: Imports: Service data was reported at 8.620 USD bn in 2023. This records an increase from the previous number of 7.765 USD bn for 2022. AZ: BOP: Current Account: Imports: Service data is updated yearly, averaging 3.916 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 10.387 USD bn in 2014 and a record low of 304.639 USD mn in 1995. AZ: BOP: Current Account: Imports: Service data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Manufacturing services on physical inputs owned by others (goods for processing in BPM5) and maintenance and repair services n.i.e. are reclassified from goods to services.
| Last | Frequency | Range |
|---|---|---|
| 8,619.888 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Imports: Service from 1995 to 2023 in the chart:
BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports
AZ: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data was reported at 63.296 % in 2023. This records an increase from the previous number of 61.372 % for 2022. AZ: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data is updated yearly, averaging 57.950 % from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 84.079 % in 2003 and a record low of 21.170 % in 1995. AZ: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 63.296 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports from 1995 to 2023 in the chart:
BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports
AZ: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data was reported at 3.139 % in 2023. This records an increase from the previous number of 3.020 % for 2022. AZ: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data is updated yearly, averaging 2.017 % from Dec 1995 (Median) to 2023, with 27 observations. The data reached an all-time high of 5.560 % in 2007 and a record low of 0.735 % in 1996. AZ: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 3.139 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports from 1995 to 2023 in the chart:
BOP: Current Account: Imports: Service: Transport: % of Service Imports
AZ: BOP: Current Account: Imports: Service: Transport: % of Service Imports data was reported at 20.226 % in 2023. This records a decrease from the previous number of 24.112 % for 2022. AZ: BOP: Current Account: Imports: Service: Transport: % of Service Imports data is updated yearly, averaging 17.430 % from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 30.233 % in 1995 and a record low of 9.279 % in 2003. AZ: BOP: Current Account: Imports: Service: Transport: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 20.226 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Imports: Service: Transport: % of Service Imports from 1995 to 2023 in the chart:
BOP: Current Account: Imports: Service: Travel: % of Service Imports
AZ: BOP: Current Account: Imports: Service: Travel: % of Service Imports data was reported at 13.339 % in 2023. This records an increase from the previous number of 11.496 % for 2022. AZ: BOP: Current Account: Imports: Service: Travel: % of Service Imports data is updated yearly, averaging 22.610 % from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 47.788 % in 1995 and a record low of 4.612 % in 2004. AZ: BOP: Current Account: Imports: Service: Travel: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 13.339 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Imports: Service: Travel: % of Service Imports from 1995 to 2023 in the chart:
BOP: Current Account: Net Trade: Goods
AZ: BOP: Current Account: Net Trade: Goods data was reported at 12.806 USD bn in 2023. This records a decrease from the previous number of 28.697 USD bn for 2022. AZ: BOP: Current Account: Net Trade: Goods data is updated yearly, averaging 6.115 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 28.697 USD bn in 2022 and a record low of -1.046 USD bn in 1998. AZ: BOP: Current Account: Net Trade: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods is the difference between exports and imports of goods. Trade in services is not included. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 12,805.563 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Net Trade: Goods from 1995 to 2023 in the chart:
BOP: Current Account: Net Trade: Goods and Services
AZ: BOP: Current Account: Net Trade: Goods and Services data was reported at 10.471 USD bn in 2023. This records a decrease from the previous number of 26.000 USD bn for 2022. AZ: BOP: Current Account: Net Trade: Goods and Services data is updated yearly, averaging 2.735 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 26.000 USD bn in 2022 and a record low of -2.077 USD bn in 2004. AZ: BOP: Current Account: Net Trade: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 10,470.915 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Net Trade: Goods and Services from 1995 to 2023 in the chart:
BOP: Current Account: Personal Remittances: Paid
AZ: BOP: Current Account: Personal Remittances: Paid data was reported at 674.780 USD mn in 2023. This records a decrease from the previous number of 811.938 USD mn for 2022. AZ: BOP: Current Account: Personal Remittances: Paid data is updated yearly, averaging 579.500 USD mn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 2.073 USD bn in 2012 and a record low of 9.310 USD mn in 1995. AZ: BOP: Current Account: Personal Remittances: Paid data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;World Bank staff estimates based on IMF balance of payments data.;Sum;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 674.780 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Personal Remittances: Paid from 1995 to 2023 in the chart:
BOP: Current Account: Personal Remittances: Received
AZ: BOP: Current Account: Personal Remittances: Received data was reported at 2.800 USD bn in 2023. This records a decrease from the previous number of 3.950 USD bn for 2022. AZ: BOP: Current Account: Personal Remittances: Received data is updated yearly, averaging 1.226 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 3.950 USD bn in 2022 and a record low of 3.000 USD mn in 1995. AZ: BOP: Current Account: Personal Remittances: Received data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;World Bank staff estimates based on IMF balance of payments data.;Sum;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 2,800.000 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Personal Remittances: Received from 1995 to 2023 in the chart:
BOP: Current Account: Personal Remittances: Received: % of GDP
AZ: BOP: Current Account: Personal Remittances: Received: % of GDP data was reported at 3.870 % in 2023. This records a decrease from the previous number of 5.012 % for 2022. AZ: BOP: Current Account: Personal Remittances: Received: % of GDP data is updated yearly, averaging 2.619 % from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 5.012 % in 2022 and a record low of 0.124 % in 1995. AZ: BOP: Current Account: Personal Remittances: Received: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.;World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.;Weighted average;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 3.870 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Personal Remittances: Received: % of GDP from 1995 to 2023 in the chart:
BOP: Current Account: Primary Income: Net
AZ: BOP: Current Account: Primary Income: Net data was reported at -3.199 USD bn in 2023. This records an increase from the previous number of -5.487 USD bn for 2022. AZ: BOP: Current Account: Primary Income: Net data is updated yearly, averaging -2.028 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of -6.042 USD mn in 1995 and a record low of -5.487 USD bn in 2022. AZ: BOP: Current Account: Primary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -3,199.117 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Primary Income: Net from 1995 to 2023 in the chart:
BOP: Current Account: Primary Income: Payments
AZ: BOP: Current Account: Primary Income: Payments data was reported at 5.168 USD bn in 2023. This records a decrease from the previous number of 7.029 USD bn for 2022. AZ: BOP: Current Account: Primary Income: Payments data is updated yearly, averaging 3.134 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 7.029 USD bn in 2022 and a record low of 15.966 USD mn in 1995. AZ: BOP: Current Account: Primary Income: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 5,168.227 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Primary Income: Payments from 1995 to 2023 in the chart:
BOP: Current Account: Primary Income: Receipts
AZ: BOP: Current Account: Primary Income: Receipts data was reported at 1.969 USD bn in 2023. This records an increase from the previous number of 1.542 USD bn for 2022. AZ: BOP: Current Account: Primary Income: Receipts data is updated yearly, averaging 595.105 USD mn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 1.969 USD bn in 2023 and a record low of 9.924 USD mn in 1995. AZ: BOP: Current Account: Primary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 1,969.110 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Primary Income: Receipts from 1995 to 2023 in the chart:
BOP: Current Account: Secondary Income: Net
AZ: BOP: Current Account: Secondary Income: Net data was reported at 1.058 USD bn in 2023. This records a decrease from the previous number of 2.965 USD bn for 2022. AZ: BOP: Current Account: Secondary Income: Net data is updated yearly, averaging 221.745 USD mn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 2.965 USD bn in 2022 and a record low of -59.961 USD mn in 2013. AZ: BOP: Current Account: Secondary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 1,057.570 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Secondary Income: Net from 1995 to 2023 in the chart:
BOP: Current Account: Secondary Income: Other Sectors: Payments
AZ: BOP: Current Account: Secondary Income: Other Sectors: Payments data was reported at 594.482 USD mn in 2023. This records a decrease from the previous number of 711.233 USD mn for 2022. AZ: BOP: Current Account: Secondary Income: Other Sectors: Payments data is updated yearly, averaging 403.923 USD mn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 1.971 USD bn in 2012 and a record low of 13.220 USD mn in 1995. AZ: BOP: Current Account: Secondary Income: Other Sectors: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 594.482 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Secondary Income: Other Sectors: Payments from 1995 to 2023 in the chart:
BOP: Current Account: Secondary Income: Receipts
AZ: BOP: Current Account: Secondary Income: Receipts data was reported at 1.771 USD bn in 2023. This records a decrease from the previous number of 3.745 USD bn for 2022. AZ: BOP: Current Account: Secondary Income: Receipts data is updated yearly, averaging 1.113 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 3.745 USD bn in 2022 and a record low of 95.686 USD mn in 1997. AZ: BOP: Current Account: Secondary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 1,770.845 2023 | yearly | 1995 - 2023 |
View Azerbaijan's BOP: Current Account: Secondary Income: Receipts from 1995 to 2023 in the chart:
BOP: Current Account: Trade in Services: % of GDP
AZ: BOP: Current Account: Trade in Services: % of GDP data was reported at 20.600 % in 2023. This records an increase from the previous number of 16.283 % for 2022. AZ: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 19.163 % from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 37.699 % in 2004 and a record low of 11.431 % in 2008. AZ: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.World Bank.WDI: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 20.600 2023 | yearly | 1995 - 2023 |