Azerbaijan sees decline in balance of current operations account / GDP ratio

Azerbaijan sees decline in balance of current operations account / GDP ratio
# 13 September 2012 11:40 (UTC +04:00)
Baku. Vahab Rzayev – APA-ECONOMICS. In first half of 2012, the balance of current operations account/GDP ratio made 31.6%.

According to APA-Economics’ calculations, this index rose 13.8 percentage points compared to a year earlier. For comparison note that, this index was 34.2%, according to outcomes of 2011.

This was caused by decline of balance compared with a previous year. So, this index dropped $2.058 bln or 20.1%.

Note that, current operations account balance/non-oil GDP ratio made 66.0%.
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THE OPERATION IS BEING PERFORMED