BAKU, Azerbaijan, July 31. The Central Bank of
Azerbaijan (CBA) has increased its current account surplus
outlook
This is reflected in a report by the CBA.
According to the report, the bank's forecast for the current
account surplus for the end of 2026 and 2027 has been revised
upwards.
"External sector indicators remain favorable. According to
customs statistics, in the first half of 2026, the country's
foreign trade recorded a positive balance of about $8 billion.
According to preliminary data, from January through June, the
balance on money orders (i.e., the difference between receipts and
disbursements) amounted to $540.6 million, an increase of 82.8%
compared to the corresponding period of the previous year. The
CBA's forecast for the current account surplus for the end of 2026
and 2027 has been revised upwards. This is due to the increase in
global energy prices this year, as well as the continuation of
positive trends in the export of non-oil and gas goods and
services," the report explained.
