Azerbaijan Balance of Payments: Current Account
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 223.754 USD mn in 2024. This records an increase from the previous number of 182.232 USD mn for 2023. AZ: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data is updated yearly, averaging 18.423 USD mn from Dec 2002 (Median) to 2024, with 17 observations. The data reached an all-time high of 223.754 USD mn in 2024 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 proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, franchises), and charges for licenses to reproduce or distribute (or both) intellectual property embodied in 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). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Sum;
| Last | Frequency | Range |
|---|---|---|
| 223.754 2024 | yearly | 2002 - 2024 |
View Azerbaijan's BOP: Current Account: Charges for the Use of Intellectual Property: Payments from 2002 to 2024 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 21.205 USD mn in 2024. This records an increase from the previous number of 4.215 USD mn for 2023. AZ: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data is updated yearly, averaging 0.023 USD mn from Dec 2003 (Median) to 2024, with 16 observations. The data reached an all-time high of 21.205 USD mn in 2024 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 proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, franchises), and charges for licenses to reproduce or distribute (or both) intellectual property embodied in 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). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Sum;
| Last | Frequency | Range |
|---|---|---|
| 21.205 2024 | yearly | 2003 - 2024 |
View Azerbaijan's BOP: Current Account: Charges for the Use of Intellectual Property: Receipts from 2003 to 2024 in the chart:
BOP: Current Account: Exports: Goods and Services
AZ: BOP: Current Account: Exports: Goods and Services data was reported at 34.113 USD bn in 2024. This records a decrease from the previous number of 35.487 USD bn for 2023. AZ: BOP: Current Account: Exports: Goods and Services data is updated yearly, averaging 22.759 USD bn from Dec 1995 (Median) to 2024, with 30 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 includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 34,112.907 2024 | yearly | 1995 - 2024 |
View Azerbaijan's BOP: Current Account: Exports: Goods and Services from 1995 to 2024 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 36.707 USD bn in 2024. This records a decrease from the previous number of 37.456 USD bn for 2023. AZ: BOP: Current Account: Exports: Goods, Services and Primary Income data is updated yearly, averaging 23.311 USD bn from Dec 1995 (Median) to 2024, with 30 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 includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 36,706.645 2024 | yearly | 1995 - 2024 |
View Azerbaijan's BOP: Current Account: Exports: Goods, Services and Primary Income from 1995 to 2024 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 and Services
AZ: BOP: Current Account: Imports: Goods and Services data was reported at 27.339 USD bn in 2024. This records an increase from the previous number of 25.016 USD bn for 2023. AZ: BOP: Current Account: Imports: Goods and Services data is updated yearly, averaging 9.787 USD bn from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 27.339 USD bn in 2024 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 includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 27,338.808 2024 | yearly | 1995 - 2024 |
View Azerbaijan's BOP: Current Account: Imports: Goods and Services from 1995 to 2024 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 32.667 USD bn in 2024. This records an increase from the previous number of 30.185 USD bn for 2023. AZ: BOP: Current Account: Imports: Goods, Services and Primary Income data is updated yearly, averaging 13.858 USD bn from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 32.667 USD bn in 2024 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 includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 32,667.281 2024 | yearly | 1995 - 2024 |
View Azerbaijan's BOP: Current Account: Imports: Goods, Services and Primary Income from 1995 to 2024 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 and Services
AZ: BOP: Current Account: Net Trade: Goods and Services data was reported at 6.774 USD bn in 2024. This records a decrease from the previous number of 10.471 USD bn for 2023. AZ: BOP: Current Account: Net Trade: Goods and Services data is updated yearly, averaging 12.972 USD bn from Dec 1995 (Median) to 2024, with 30 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. The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 6,774.099 2024 | yearly | 1995 - 2024 |
View Azerbaijan's BOP: Current Account: Net Trade: Goods and Services from 1995 to 2024 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 1.913 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 2.644 % 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: Secondary Income: Net
AZ: BOP: Current Account: Secondary Income: Net data was reported at 631.744 USD mn in 2024. This records a decrease from the previous number of 1.058 USD bn for 2023. AZ: BOP: Current Account: Secondary Income: Net data is updated yearly, averaging 721.692 USD mn from Dec 1995 (Median) to 2024, with 30 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. Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 631.744 2024 | yearly | 1995 - 2024 |
View Azerbaijan's BOP: Current Account: Secondary Income: Net from 1995 to 2024 in the chart:
BOP: Current Account: Secondary Income: Other Sectors: Payments
AZ: BOP: Current Account: Secondary Income: Other Sectors: Payments data was reported at 572.711 USD mn in 2024. This records a decrease from the previous number of 594.482 USD mn for 2023. AZ: BOP: Current Account: Secondary Income: Other Sectors: Payments data is updated yearly, averaging 550.426 USD mn from Dec 1995 (Median) to 2024, with 30 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. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Sum;
| Last | Frequency | Range |
|---|---|---|
| 572.711 2024 | yearly | 1995 - 2024 |
View Azerbaijan's BOP: Current Account: Secondary Income: Other Sectors: Payments from 1995 to 2024 in the chart:
BOP: Current Account: Secondary Income: Receipts
AZ: BOP: Current Account: Secondary Income: Receipts data was reported at 1.247 USD bn in 2024. This records a decrease from the previous number of 1.771 USD bn for 2023. AZ: BOP: Current Account: Secondary Income: Receipts data is updated yearly, averaging 1.292 USD bn from Dec 1995 (Median) to 2024, with 30 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. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF);Sum;
| Last | Frequency | Range |
|---|---|---|
| 1,246.543 2024 | yearly | 1995 - 2024 |
View Azerbaijan's BOP: Current Account: Secondary Income: Receipts from 1995 to 2024 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 |