In January-March 2018, the surplus on balance of payment amounted to $ 1.1 billion.
According to Central Bank of Azerbaijan, this was caused by 27.2% rise in oil price, positive tendencies in Current Operations Balance (COB) and progress in economy of partner countries.
Surplus in Current Operations Balance made up $1.6 billion. The COB deficit on non-oil sector increased by 12.9% or $147 million to $1.3 billion.