Azerbaijan Current Account  Forecast 2016-2020

Current Account in Azerbaijan is expected to be 204.74 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Azerbaijan to stand at 215.66 in 12 months time. In the long-term, the Azerbaijan Current Account is projected to trend around 224.70 USD Million in 2020, according to our econometric models.

Azerbaijan Current Account
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Azerbaijan Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade 1889873 1667980 1707772 1807486 1811301 1773984
Exports 3555749 3473740 3596079 3526932 3576288 3554610
Imports 1665876 2029299 2172308 1769033 2189713 2088708
Current Account 380 205 147 336 216 225
Current Account to GDP -3.2 0.5 0.5 1.3 1.3 4
Capital Flows 308 547 302 346 417 364
Crude Oil Production 748 765 765 764 764 764
Remittances 125 48.95 59.27 65.92 67.65 66.28
Terrorism Index 0.35 1.82 1.86 1.96 2.06 1.1
Tourist Arrivals 2009 9833 10892 11099 11307 19230
Gold Reserves 20 15.37 13.34 13.25 11.5 15.12
Foreign Direct Investment 1895 1845 1965 1883 1921 1922