Azerbaijan Current Account to GDP - Forecast

Current Account to GDP in Azerbaijan is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Azerbaijan Current Account to GDP is projected to trend around 4.00 percent in 2020, according to our econometric models.


Azerbaijan Current Account to GDP
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Azerbaijan Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 922539 1269845 1360628 1355903 1381101 1819492
Exports 3680432 3679719 3678479 3690986 3697502 3738091
Imports 2757893 2183181 2095267 2376601 2359586 2213034
Current Account 277 447 504 542 589 993
Current Account to GDP -3.2 1.3 1.3 1.3 1.3 4
Capital Flows 119 64.87 95.76 89.86 94.19 123
Crude Oil Production 748 749 746 743 741 723
Gold Reserves 0 -5.12 0.5 3.8 7.36 21.44
Foreign Direct Investment 1501 1425 1415 1411 1399 1369
Terrorism Index 1.15 1.8 2 2.21 2.13 1.55
Tourist Arrivals 8949 9400 9500 9600 9700 19300
Remittances 184 135 137 132 124 96.36