Azerbaijan - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Azerbaijan was -0.77 as of 2020. Its highest value over the past 30 years was 42.31 in 2008, while its lowest value was -31.83 in 1998.

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).

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

See also:

Year Value
1990 4.64
1991 4.45
1992 31.61
1993 -18.57
1994 -5.91
1995 -20.92
1996 -30.99
1997 -24.01
1998 -31.83
1999 -13.89
2000 1.79
2001 4.18
2002 -7.28
2003 -23.54
2004 -23.93
2005 10.04
2006 27.75
2007 39.62
2008 42.31
2009 28.53
2010 33.62
2011 32.35
2012 27.69
2013 22.16
2014 17.06
2015 2.99
2016 2.78
2017 6.69
2018 16.51
2019 12.28
2020 -0.77

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts