Azerbaijan: Foreign exchange reserves

* indicates monthly or quarterly data series
 Azerbaijan

Foreign exchange reserves, billion currency units

 Latest value 11.61
 Reference December 2023
 Measure billion U.S. Dollar
 Data availability January 1995 - December 2023
 Average 4.67
 Min - Max 0.03 - 17.38
 Source Central Bank of the Republic of Azerbaijan
For that indicator, we provide data for Azerbaijan from January 1995 to December 2023. The average value for Azerbaijan during that period was 4.67 billion U.S. Dollar with a minimum of 0.03 billion U.S. Dollar in January 1995 and a maximum of 17.38 billion U.S. Dollar in May 2014. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Azerbaijan - Foreign exchange reserves - recent values

Historical chart
Azerbaijan - Foreign exchange reserves - historical chart - 1995-2023
Measure: billion U.S. Dollar
Source: Central Bank of the Republic of Azerbaijan


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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest value Reference Measure
 Terms of trade 156.78 2021 percent
 Trade openness 87.08 2022 percent
 Financial openness 0.024 2021 index points
 Exports, percent of GDP 60.05 2022 percent
 Exports, billion dollars 47.27 2022 billion U.S. dollars
 Growth of exports -1.10 2014 percent
 Imports, percent of GDP 27.03 2022 percent
 Imports, billion dollars 21.27 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -5.68 2022 percent
 Foreign Direct Investment, billion dollars -4.47 2022 billion U.S. dollars
 Portfolio investment inflows, equities 4.62 2022 million dollars (current)
 Current account, percent of GDP 22.50 2022 percent
 Current account, in dollars 23.48 2022 billion U.S. dollars
 Trade balance, percent of GDP 33.03 2022 percent
 Trade balance, in dollars 26.00 2022 billion U.S. dollars
 Reserves 11.29 2022 billion U.S. dollars
 Remittances, percent of GDP 5.02 2022 percent
 Remittances 3,950.03 2022 million U.S. dollars
 Net errors and omissions -1,617.76 2022 million USD
 External debt 20.80 2022 percent
 Short-term external debt 3.31 2022 percent
 Short-term debt to reserves 4.48 2022 percent
 Foreign exchange reserves 9.78 9/2023 billion
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