CBA: Current account to be in surplus by end of 2026 and 2027

12:23 - 3.03.2026


March 3, Fineko/abc.az. According to Central Bank’s updated macroeconomic forecasts, the current account is expected to run a surplus by the end of 2026 and 2027.

ABC.AZ informs that at the same time, another important point is that, amid geopolitical risks, oil & gas prices, which are the main cargo in the share of Azerbaijan's exports, increased by 10% and 50%, respectively.

Currently, Brent costs $80 per barrel, and in Europe it costs nearly $500 per 1,000 cu m.

This is significantly higher than the forecasts of the Azerbaijani government for both indicators.