Azerbaijan - External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Azerbaijan was 9,380,508,000 as of 2014. As the graph below shows, over the past 9 years this indicator reached a maximum value of 13,380,470,000 in 2010 and a minimum value of 1,257,300,000 in 2005.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2005 1,257,300,000
2006 2,985,972,000
2007 7,208,371,000
2008 7,220,991,000
2009 9,097,479,000
2010 13,380,470,000
2011 10,908,360,000
2012 11,148,350,000
2013 10,228,340,000
2014 9,380,508,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts