Azerbaijan Current Account to GDP  1992-2017 | Data | Chart | Calendar

Azerbaijan recorded a Current Account deficit of 3.20 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Azerbaijan averaged -0.45 percent from 1992 until 2016, reaching an all time high of 35.30 percent in 2008 and a record low of -31.90 percent in 1998.

Azerbaijan Current Account to GDP
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Azerbaijan Trade Last Previous Highest Lowest Unit
Balance of Trade 1589231.00 1889873.00 8201764.00 -306551.00 USD Thousand [+]
Exports 3555275.00 3555749.00 9996038.00 129728.00 USD Thousand [+]
Imports 1966044.00 1665876.00 3120490.00 312012.00 USD Thousand [+]
Current Account 405.00 380.21 6029.00 -738.00 USD Million [+]
Current Account to GDP -3.20 -0.40 35.30 -31.90 percent [+]
Capital Flows 89.31 308.50 4414.00 -2980.00 USD Million [+]
Crude Oil Production 748.00 791.00 1072.00 168.00 BBL/D/1K [+]
Remittances 168.00 125.00 286.08 -170.00 USD Million [+]
Terrorism Index 0.35 1.38 2.93 0.09 [+]
Tourist Arrivals 8949.00 2009.00 23440.00 2009.00 [+]
Gold Reserves 20.00 20.00 30.00 3.00 Tonnes [+]
Foreign Direct Investment 1623.00 1894.00 2231.00 586.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. This page provides - Azerbaijan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Azerbaijan Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-3.20 -0.40 35.30 -31.90 1992 - 2016 percent Yearly




current account to gdp by Country

Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16