Baku 3° C
Azerbaijan’s BOP deficit nears $2B
Finance
- 31 March, 2021
- 07:09
The deficit in the Balance of Payment (BOP) of Azerbaijan amounted to $1,987,700,000 in 2020, while it showed a surplus of $ 5,142,900,000 in 2019, Report informs, citing the Central Bank of Azerbaijan (CBA).
The deficit was formed by deficits of $227.6 million in the country’s current account balance (surplus in 2019), $7.4 million in capital balance (down 2.5-fold), and $2,400,800,000 in the financial account (surplus a year ago).
Author
Latest News
17:29
SOCAR, Planet Labs mull use of satellite data for environmental monitoring
Energy17:29
Fitch links Armenia's rating to progress in negotiations with Azerbaijan
Finance17:20
SOCAR discusses accelerating energy transition with US company
Energy17:09
President: Azerbaijan doesn't react any longer to European Parliament criticism
Foreign policy17:06
Ilham Aliyev: Receiving prestigious Zayed Award - great honor
Foreign policy17:01
Ilham Aliyev: Azerbaijan - only one in South Caucasus exporting energy resources to other countries in region
Foreign policy17:00
Azerbaijani President: We've been concerned about some destabilization in Iran
Domestic policy16:53
President Ilham Aliyev: Today, international relations entering new era
Foreign policy16:52