Azerbaijan - Trade in services (% of GDP)

Trade in services (% of GDP) in Azerbaijan was 18.97 as of 2020. Its highest value over the past 25 years was 37.70 in 2004, while its lowest value was 11.43 in 2008.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1995 19.73
1996 18.58
1997 26.95
1998 23.22
1999 16.19
2000 14.12
2001 16.73
2002 26.72
2003 34.00
2004 37.70
2005 25.67
2006 18.61
2007 14.65
2008 11.43
2009 13.04
2010 12.14
2011 13.47
2012 17.56
2013 16.79
2014 19.51
2015 24.71
2016 31.40
2017 31.22
2018 24.29
2019 21.05
2020 18.97

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments