Industry in Azerbaijan
Azerbaijan - Industry
Recent data showed that the economy’s lackluster performance over the first three quarters carried over into the outset of the fourth quarter, with the 0.8% year-on-year expansion recorded in the first nine months sustained in January–October. Growth has been fueled by a buoyant non-oil sector, while a weak oil sector—which has seen production shrink in recent years—has dragged on overall economic activity. Agricultural output picked up in October amid favorable weather conditions, while retail sales continued expanding a healthy pace at the start of the final quarter as a tight labor market and subdued inflationary pressures held up households’ purchasing power.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 % | Dec 11 |
| Stock Market | 0.1 | 0.0 % | Dec 11 |
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