Azerbaijan pulls lid over its service trading in 1H2025

Economy News 19 September 2025 06:00 (UTC +04:00)
Azerbaijan pulls lid over its service trading in 1H2025
Sadig Javadov
Sadig Javadov
Economic Journalist Read more

BAKU, Azerbaijan, September 19. The total volume of services in Azerbaijan's economic relations with foreign countries amounted to $9.3 billion during the six months of 2025.

The data obtained by Trend from the Central Bank (CBA) shows that of this, $5.2 billion accounted for services provided by non-residents to residents of the country, and $4.1 billion - services provided by Azerbaijani residents to foreign residents.

"In general, the deficit in the balance of services decreased by 5.7 percent to $1.1 billion, which indicates that in recent years, the trend of forming a balance in the balance of services has been strengthening. The deficit in the balance of services in the oil and gas sector (mainly construction services and other business services) was $705.2 million. The deficit in the balance of services in the non-oil and gas sector was $342.9 million," the CBA statement said.

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