Bank Of Baku

Azerbaijan records $2 bln deficit in primary income balance last year

Azerbaijan records $2 bln deficit in primary income balance last year
# 17 March 2026 12:55 (UTC +04:00)

In 2025, Azerbaijan recorded a $2.6 billion deficit in the oil and gas sector and a $0.6 billion surplus in the non-oil and gas sector in its primary income balance, APA-Economics reports citing the Central Bank of Azerbaijan.

As a result, the deficit in the primary income balance decreased by 27.4% to $2 billion.

The total turnover of receipts and payments under primary income amounted to $7.8 billion. Of this, 62.8%, or $4.9 billion, accounted for payments from Azerbaijan to non-residents. The main part of this amount consisted of the repatriation of income belonging to foreign investors ($3.4 billion, including $3 billion mainly repatriated in the form of crude oil and natural gas by international oil and gas consortiums), interest paid to non-residents on securities portfolios ($249.6 million), interest payments on the use of foreign loans ($478.9 million), and other payments ($736.8 million).

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