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    Azerbaijan’s balance of services posts deficit in 6M2025

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    By Sadig Javadov

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    Azerbaijan’s balance of services posts deficit in 6M2025

    BAKU, Azerbaijan, September 17.​ A deficit of
    about $1 billion has arisen in the balance of services in
    Azerbaijan during the first six months of 2025, 5.7 percent less
    than the same period last year, Director of the Statistics
    Department of the Central Bank of Azerbaijan (CBA) Samir Nasirov
    said at a briefing dedicated to the presentation of the balance of
    payments, Trend

    According to him, the main driver of the deficit was related to
    construction and other business services in the oil and gas

    “However, the pleasing fact is that transport services are now
    forming a permanent surplus. The surplus of transport services
    during this period amounted to $856 million. By transport services,
    we mainly mean the income earned from transit and passenger
    transportation through both the Baku-Tbilisi-Ceyhan (BTC) and the
    South Caucasus Pipeline (SCP).

    Tourism services are also in surplus. The surplus of tourism
    services during this period amounted to nearly $194 million,”
    Nasirov added.

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