GDP in Azerbaijan

Azerbaijan GDP | Economic News & Forecasts

Azerbaijan - GDP

The economy accelerated markedly last year, with GDP growth climbing to 1.4% in 2018, from a meagre 0.1% expansion in 2017. A turnaround in the industrial sector, aided by a recovering energy sector, helped fuel an upturn in activity. In addition, retail trade also accelerated last year, and the agricultural sector posted a moderate improvement. While improving towards the end of the year, with petroleum output rising modestly in December, the energy sector remained downbeat, however, as oil prices tumbled in Q4.

Azerbaijan - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)5.8  2.8  1.1  -3.8  0.1  

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Azerbaijan GDP Chart

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

Azerbaijan Facts

Exchange Rate1.71-0.66 %Feb 14
Stock Market0.10.0 %Feb 14

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