External balance on goods and services in Azerbaijan

Azerbaijan: External balance on goods and services was 4.72 billion current US$ in 2025. ◆ Volatile

Latest (2025)
4.72 billion current US$
Change on year
down 30.3%
World rank
46th
of 192 countries
All-time high
26.00 billion current US$
in 2022
All-time low
-2.08 billion current US$
in 2004
Years of data
36
1990–2025

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

010.0B20.0B30.0B1990200720251990: 412.1M current US$1991: 238.0M current US$1992: 140.5M current US$1993: -291.6M current US$1994: -70.5M current US$1995: -505.7M current US$1996: -984.5M current US$1997: -951.4M current US$1998: -1.4B current US$1999: -636.1M current US$2000: 94.5M current US$2001: 238.7M current US$2002: -454.1M current US$2003: -1.7B current US$2004: -2.1B current US$2005: 1.3B current US$2006: 5.8B current US$2007: 13.1B current US$2008: 20.7B current US$2009: 12.6B current US$2010: 17.8B current US$2011: 21.3B current US$2012: 19.3B current US$2013: 16.4B current US$2014: 12.8B current US$2015: 1.6B current US$2016: 1.1B current US$2017: 2.7B current US$2018: 7.8B current US$2019: 5.9B current US$2020: -329.1M current US$2021: 9.2B current US$2022: 26.0B current US$2023: 10.5B current US$2024: 6.8B current US$2025: 4.7B current US$

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

Analysis

In 2025, external balance on goods and services in Azerbaijan stood at 4.72 billion current US$.

Compared with earlier readings it is down 30.3% on the previous year and up 197.6% over ten years.

Over the whole period, external balance on goods and services in Azerbaijan peaked at 26.00 billion current US$ in 2022 and was at its lowest, -2.08 billion current US$, in 2004.

Azerbaijan ranks 46th of 192 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s -406.43 million current US$ -1.42 billion current US$ 412.12 million current US$ 10
2000s 4.96 billion current US$ -2.08 billion current US$ 20.67 billion current US$ 10
2010s 10.68 billion current US$ 1.05 billion current US$ 21.33 billion current US$ 10
2020s 9.46 billion current US$ -329.06 million current US$ 26.00 billion current US$ 6

Countries ranked near Azerbaijan

  1. 43 Argentina 5.10 billion current US$ compare
  2. 44 Cote d'Ivoire 5.00 billion current US$ compare
  3. 45 Venezuela 4.78 billion current US$ compare
  4. 47 Ecuador 4.59 billion current US$ compare
  5. 48 Panama 4.36 billion current US$ compare
  6. 49 Puerto Rico 4.28 billion current US$ 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 4.72 billion current US$ 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 26.00 billion current US$ in 2022.
What is the lowest external balance on goods and services recorded in Azerbaijan?
The lowest recorded value was -2.08 billion current US$ in 2004.
How does Azerbaijan rank for external balance on goods and services?
Azerbaijan ranks 46th 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 197.6%. 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 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
External balance on goods and services (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,040 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 indicator is expressed in United States dollars.