GDP in Azerbaijan

Azerbaijan GDP | Economic News & Forecasts

Azerbaijan - GDP

Azerbaijan’s economy ended the second quarter on a whimper, after having slowly but surely crept closer to expansionary territory since the beginning of the year. The Statistical Institute’s economic activity indicator contracted 1.3% over the first six months of the year, while non-oil GDP growth slowed although it did remain positive. The aggravation in the country’s economic performance is largely due to a sharp slowdown in exports growth, while performance of both industrial production and retail sales remained broadly stable compared to the previous month. As a result of the economy’s poor performance, the government’s fiscal deficit widened to end the first half of the year. On a somewhat brighter note, the number of delinquent loans grew at a softer pace in Q2, which is welcome news for the country’s ailing banking sector.

Azerbaijan - GDP Data

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)2.2  5.8  2.8  1.1  -3.8  

Sample Report

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

Download

Azerbaijan GDP Chart


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

Azerbaijan Facts

ValueChangeDate
Exchange Rate1.730.03 %Aug 17

Sample Report

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

Download

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