Baku 9° 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
17:27
Azerbaijani MP: Use of electronic cigarettes must be included in control mechanisms
Business17:25
Ukrainian political analyst: Peace agreement not to be reached now
Other countries17:11
Kyrgyzstan joins TRACECA multilateral permit system
Infrastructure16:48
Lord: Azerbaijan's role in shaping Middle Corridor presents exciting possibilities
Foreign policy16:37
Turkish MP: Life returned to normal in Kahramanmaras' 'Azerbaijani Quarter'
Foreign policy16:25
Erdogan says Türkiye advances Armenia normalization in dialogue with Azerbaijan
Region16:06
Photo
Kindergarten built in Azerbaijan's Mahruzlu village with Astrakhan's support to open in 2026
Karabakh15:59
Pakistan intends to adopt Azerbaijan's experience in developing AI-powered service centers
ICT15:52
Photo