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Central Bank: Azerbaijan's current account surplus to reach $8.5 billion this year

29 October 2026 10:28 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) has raised its forecasts for the current account surplus for 2026 and 2027, APA-Economics reports.

This was stated in the CBA's announcement on the parameters of the interest rate corridor.

According to the updated forecasts, the current account surplus is expected to reach $8.5 billion in 2026 and $5.4 billion in 2027. This corresponds to more than 10% and 6% of GDP, respectively.

The upward revision of the forecasts was attributed to high prices for major export products, as well as the continuation of positive trends in exports of non-oil and gas goods and services.

It should be noted that, according to data from the State Customs Committee, Azerbaijan recorded a positive foreign trade balance of $10.5 billion in January–September this year.

Rahim Tariverdiyev

Azerbaijan Central Bank of Azerbaijan CBA current account surplus economic forecast GDP foreign trade balance exports non-oil and gas sector Azerbaijani economy