Finance

Home page

Finance

Azerbaijan records $1 billion deficit in services balance

15 September 2026 12:41 (UTC +04:00)

In the first six months of 2026, the total volume of services in Azerbaijan’s economic relations with foreign countries amounted to $9.2 billion, the Central Bank of Azerbaijan said, APA-Economics reports.

According to the information, $5.1 billion of this amount was services provided by non-residents to residents of Azerbaijan, while $4.1 billion was services provided by Azerbaijani residents to residents of foreign countries.

Overall, the deficit in the services balance decreased by 1.2% to $1 billion. The deficit in the services balance of the oil and gas sector, mainly construction services and other business services, amounted to $1 billion. The deficit in the services balance of the non-oil and gas sector amounted to $66.5 million.

Rahim Tariverdiyev

Azerbaijan services balance Central Bank of Azerbaijan foreign economic relations services oil and gas sector non-oil and gas sector construction services business services balance of payments APA-Economics