Industry in Azerbaijan
Azerbaijan - Industry
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 - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 1.8 | -0.7 | 2.4 | -0.5 | -3.4 |
Azerbaijan Industry Chart
Source: State Statistical Committee
Azerbaijan Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 1.70 | -0.66 % | Feb 20 |
| Stock Market | 0.1 | 0.0 % | Feb 20 |
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