Azerbaijan sees decline in current account balance/GDP ratio

Azerbaijan sees decline in current account balance/GDP ratio
# 19 September 2013 10:59 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Current account balance/GDP ratio in Azerbaijan made 23.7% in January-June, 2013, down 7.9 percentage points from previous year.

Annual decline of current account balance/GDP ratio is related to current account balance. So, this index dropped $1.714 bln or 21.0% in annual comparison.

At the same time, in current account balance/non-oil GDP ratio stood at 43.6%, down 22.4 percentage points.

#
#

THE OPERATION IS BEING PERFORMED