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Azerbaijan - Current account balance as a share of GDP

4.1 (%) in 2017

Current account balance as a share of GDP of Azerbaijan plummeted by 214.86% from -3.6 % in 2016 to 4.1 % in 2017. Since the 23.75% surge in 2010, current account balance as a share of GDP sank by 85.43% in 2017.

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What is current account balance as a share of GDP?

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

What is Azerbaijan current account balance as a share of GDP?

Date Value Change, %
2017 4.1 -214.86%
2016 -3.6 723.29%
2015 -0.4 -103.16%
2014 13.9 -16.54%
2013 16.6 -22.40%
2012 21.4 -17.62%
2011 26.0 -8.58%
2010 28.4 23.75%
2009 23.0 -31.63%
2008 33.6 23.25%
2007 27.3 54.58%
2006 17.6

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