External balance on goods and services in Azerbaijan

Azerbaijan: External balance on goods and services was 8.02 billion current LCU in 2025. ◆ Volatile

Latest (2025)
8.02 billion current LCU
Change on year
down 30.3%
World rank
54th
of 192 countries
All-time high
44.20 billion current LCU
in 2022
All-time low
-2.04 billion current LCU
in 2004
Years of data
36
1990–2025

External balance on goods and services in Azerbaijan, 1990–2025

010.0B20.0B30.0B40.0B1990200720251990: 13.6k current LCU1991: 23.8k current LCU1992: 1.5M current LCU1993: -5.8M current LCU1994: -22.1M current LCU1995: -446.4M current LCU1996: -846.9M current LCU1997: -758.3M current LCU1998: -1.1B current LCU1999: -524.2M current LCU2000: 84.6M current LCU2001: 222.3M current LCU2002: -441.5M current LCU2003: -1.7B current LCU2004: -2.0B current LCU2005: 1.3B current LCU2006: 5.2B current LCU2007: 11.2B current LCU2008: 17.0B current LCU2009: 10.2B current LCU2010: 14.3B current LCU2011: 16.8B current LCU2012: 15.2B current LCU2013: 12.9B current LCU2014: 10.1B current LCU2015: 1.6B current LCU2016: 1.7B current LCU2017: 4.7B current LCU2018: 13.2B current LCU2019: 10.1B current LCU2020: -559.4M current LCU2021: 15.6B current LCU2022: 44.2B current LCU2023: 17.8B current LCU2024: 11.5B current LCU2025: 8.0B current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

In 2025, external balance on goods and services in Azerbaijan stood at 8.02 billion current LCU.

Compared with earlier readings it is down 30.3% on the previous year and up 393.8% over ten years.

Over the whole period, external balance on goods and services in Azerbaijan peaked at 44.20 billion current LCU in 2022 and was at its lowest, -2.04 billion current LCU, in 2004.

That places Azerbaijan 54th out of 192 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s -369.73 million current LCU -1.10 billion current LCU 1.52 million current LCU 10
2000s 4.10 billion current LCU -2.04 billion current LCU 16.98 billion current LCU 10
2010s 10.05 billion current LCU 1.62 billion current LCU 16.85 billion current LCU 10
2020s 16.09 billion current LCU -559.40 million current LCU 44.20 billion current LCU 6

Countries ranked near Azerbaijan

  1. 51 Ghana 13.54 billion current LCU compare
  2. 52 Austria 12.23 billion current LCU compare
  3. 53 Kuwait 8.65 billion current LCU compare
  4. 55 Oman 7.12 billion current LCU compare
  5. 56 Malta 4.72 billion current LCU compare
  6. 57 Ecuador 4.59 billion current LCU compare

See the full ranking of 192 places →

More economy & growth data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is external balance on goods and services in Azerbaijan?
External balance on goods and services in Azerbaijan was 8.02 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest external balance on goods and services recorded in Azerbaijan?
The highest recorded value was 44.20 billion current LCU in 2022.
What is the lowest external balance on goods and services recorded in Azerbaijan?
The lowest recorded value was -2.04 billion current LCU in 2004.
How does Azerbaijan rank for external balance on goods and services?
Azerbaijan ranks 54th out of 192 countries with data for 2025.
Is external balance on goods and services rising or falling in Azerbaijan?
Over the last ten years it is up 393.8%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
External balance on goods and services (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,054 data points, 1960–2025
Last refreshed

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 series is expressed in local currency units.