Bank Of Baku

Current account balance/GDP ratio in Azerbaijan declines

 Current account balance/GDP ratio in Azerbaijan declines
# 18 June 2013 13:50 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. The current accounts balance/GDP ratio made 21.7% in 2012. According to APA-Economics, 5.4 percentage points-decline was observed compared with a year earlier.

 

Annual decline of current accounts balance/GDP ratio is related with the decline of current accounts balance compared with a year ago. So, this index dropped $2.250 bln or 13.1%.

 

The current accounts balance/non-oil GDP ratio made 41.1% in 2012, down 6.4 percentage points.

 

 

 

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