Bank Of Baku

Azerbaijan to be leader on current account balance/GDP ratio in region

Azerbaijan to be leader on current account balance/GDP ratio in region
# 11 June 2010 14:02 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijan will be leader of Eastern Europe and Central Asia on the current account balance/gross domestic production ratio with the 27.45 index, in 2010, it was informed in the review of Global Economic Perspectives of World Bank.

According to review, this index is expected to be 22.1% in 2011. 20.4% in 2012.

Country

2010 (%)

2011 (%)

2012 (%)

Azerbaijan

27.4

22.1

20.4

Albania

-10.9

-9.9

-8.9

Armenia

-13.7

-12.3

-10.5

Belarus

-10.4

-9.2

-9.1

Bosnia və Herzegovina

-8.0

-8.1

-7.9

Bulgaria

-6.2

-5.8

-4.8

Georgia

-12.8

-12.6

-12.4

Kazakhstan

3.3

4.1

4.0

Kyrgyzstan

-6.1

-6.4

-6.5

Lithuania

1.5

-0.6

-1.0

Latvia

7.3

7.0

6.5

Moldova

-9.9

-10.2

-10

Macedonia

-8.5

-7.6

-4.8

Poland

-1.8

-2.6

-2.9

Romania

-5.0

-5.0

-5.0

Russia

4.0

2.0

2.1

Serbia

-8.5

-8.0

-7.4

Tajikistan

-8.0

-8.8

-9.1

Turkey

-4.7

-5.2

-5.0

Ukraine

-0.9

-2.2

-2.4

Uzbekistan

7.8

8.5

8.8

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