In the first nine months of this year, a surplus of 3 billion US dollars — or 5.4% of GDP — was recorded in the current account balance (CAB) of the balance of payments, APA-Economics reports, citing the Central Bank of Azerbaijan.
It was noted that the CAB surplus mainly resulted from surpluses in the foreign trade balance and secondary income balance. The dynamics of net inflows from remittances, which constitute the main component of the secondary income balance, have been positive compared to last year. The Central Bank’s forecast that the current account will remain in surplus at the end of 2025 and 2026 remains unchanged.
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