Bank Of Baku

Current account balance/GDP ratio in Azerbaijan declines

Current account balance/GDP ratio in Azerbaijan declines
# 18 December 2013 10:14 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. The current accounts balance/GDP ratio made 21.7% in January-September, 2013. According to APA-Economics, 7.3 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 to a year ago. So, this index dropped $2.262 bln or 19.6%.

 

The current accounts balance/non-oil GDP ratio made 38.8%, down 18.7 percentage points in annual comparison.

 

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