GDP in Azerbaijan
Azerbaijan - GDPGrowth picked up at the year’s outset, with oil production accelerating markedly over the same period of last year in January–February. Recently-released data revealed that the economy exported 50% more oil in January–February compared to the same period of 2018. Among non-oil activities, the information and communication services sector expanded at the fastest pace, while agricultural and industrial output also grew robustly over this period. The retail sector’s upturn, however, was more moderate. Adding to the slew of positive data, public finances also strengthened in January, as increased revenues from custom duties, VAT, and a road tax boosted the government’s coffers, swinging the budget to surplus.
Azerbaijan - GDP Data
|Economic Growth (GDP, annual variation in %)||5.8||2.8||1.1||-3.8||0.1|
5 years of economic forecasts for more than 30 economic indicators.
Azerbaijan GDP Chart
|Exchange Rate||1.70||-0.66 %||Apr 22|
|Stock Market||0.1||0.0 %||Apr 22|
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