GDP in Azerbaijan

Azerbaijan GDP | Economic News & Forecasts

Azerbaijan - GDP

The economy of Azerbaijan swung back to expansion at the beginning of the year, a welcome development following its steepest contraction in two decades in 2016. According to monthly GDP data released by the country’s statistical office, year-on-year GDP growth was 0.8% in January, fueled by healthy growth in the non-oil sector. Strong government spending and moderate growth in industrial and agricultural production led the way for the ailing hydrocarbon dependent country. Investment levels continued to fall but at a much slower pace than last year when investment was down almost 30% as a result of low oil prices.

Azerbaijan - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)0.1  2.2  5.8  2.8  1.1  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Azerbaijan GDP Chart

Azerbaijan GDP
Note: Annual variation of gross domestic product (GDP) in %.

Azerbaijan Facts

Exchange Rate1.74-0.01 %Mar 28

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.


Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form