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The Azerbaijani economy

(Mns USD)
1999
2000
2001
2002
2003(e)
2004(e)
Economic growth (%)
7.4
11.1
9.9
10.6
9.3
8.1
Inflation (%)
-0.5
2.2
1.3
3.3
2.5
2.5
Public-sector balance(%GDP)
-5.5
-0.6
-0.4
-0.5
-2
-1
Exports
1,027
1,877
2,046
2,305
2,511
2,338
Imports
1,433
1,539
1,465
1,823
2,565
3,454
Trade balance
-406
338
581
482
-54
-1116
Current account balance (%GDP)
-13
-3
-1
-13
-27
-38
Foreign debt
926
1,171
1,267
1,382
1,451
1,549
Debt service (%Exports)
4.3
4.9
5.3
5.0
4.6
5.4
Currency reserves (import months)
4.1
3.5
3.5
2.8
1.9
1.8
(e) estimated (f) forecast

Source: Cofacerating

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